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Monero [XMR] wallets go offline on major exchanges; community claims delisting

Ajay Narayan



Monero [XMR] wallets go offline on major exchanges; community claims delisting
Source: Unsplash

According to a recent post on Reddit, there were claims of Monero [XMR] being delisted from major cryptocurrency exchanges. This was after the community members witnessed that the XMR wallets on Poloniex, Bittrex, Cryptopia, and were not functioning.

Cryptopia, an exchange platform officially stated on their website that the XMR wallet was placed in maintenance from 24th September. They further added that the actions were taken as per the request of the Coin Developer. Bittrex had also reported the same and stated that they are still waiting for more information from the coin development team.

In a recent post on Reddit, the developers have denied their involvement with the current problem. They further stated that the most reputable or biggest exchanges have not yet suspended Monero. Exchanges like Kraken, Binance, Bithumb, and HitBTC can still be used to trade XMR.

According to the post, the Monero coin developers were busy preparing the next big release of v0.13. The development team also stated that they were not going to waste time addressing the fake controversy. Monero developers have stated in chat rooms that the problem is “not due to a bug/issue… at least not one known by anyone here.”

Monero had recently released a report about the multiple counting bugs. According to the report, the bug was used to exploit services, merchants and exchanges. The developers had clarified that the multiple counting bug was recently fixed and the bug was not the reason for the existing issue.

Fort3hlulz, a cryptocurrency evangelist posted on reddit:

“Thanks for posting this! People are freaking out over nothing…… The biggest exchanges are still open, is down for other non-XMR issues, and there have been no bug announcements etc”

Vespco posted on Reddit:

“Could this be a social engineering attack to manipulate the price? Anyway someone has a valid looking email that might be messaging exchanges claiming there is a bug?”

Intj440, an enthusiastic Redditor stated:

“Prompted by this FUD, earlier today I sent inquires to three OTC exchanges (DV Chain, Circle Trade, and Cumberland Mining) and all 3 verified that business is open as usual for XMR.”

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Ajay Narayan is a full-time journalist at AMBCrypto. He has majored in Economics, Political Science and Sociology. His interests are inclined towards writing and investing in cryptocurrencies.


John McAfee says he will reveal Nakamoto’s identity, Coinbase expands to 11 countries, and more





John McAfee says he will reveal Nakamoto's identity, Coinbase expands to 11 countries, and more
Source: Unsplash

Daily Crypto News – April 18

1. John McAfee on Satoshi Nakamoto: The Founder of McAfee Associates stated that he would narrow down on the identity of Satoshi Nakamoto until he reveals Satoshi himself, otherwise he would reveal his identity to the crypto community. He also spoke about how he knows about Satoshi, to read about it, click here!

2. Coinbase expands its services to more countries: The leading exchange platform announced that it expanding its services to 11 more countries, which includes India, South Korea, and New Zealand. People in these countries can avail services provided on, Coinbase Pro and its app on iOS and Android.

To know more about the countries Coinbase has expanded to, click here!

3. Craig Wright says the crypto-community want to silence him: Craig Wright, the self-proclaimed Satoshi Nakamoto, stated that the majority of the community was against him as they “desire to silence” him because they see someone who would bring an end to scams and pumps and dumps.

He also spoke about the next steps he would be taking in terms of the legal action concerning his defamation case. To read about it, click here!

4. Binance “marks the birth of a new genesis block”: The largest cryptocurrency exchange in terms of trade volume announced the launch of its Decentralized Exchange, and also stated that the mainnet swap would take place on 23 April 2019.

To read more about Binance DEX, click here!

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