bitforex

BitForex Approved to Reopen Withdrawals After 5-Month Suspension

After a five-month suspension, triggered by a significant investigation, cryptocurrency exchange BitForex has announced it will soon allow users to withdraw their assets. This decision follows the detention of the BitForex team by Jiangsu Province authorities in China on February 23rd, which led to a halt in operations and concerns

July 20, 2024 2 mins read

Why BitForex Exchange Users Feel Unsafe?

BitForex, a prominent crypto exchange, finds itself embroiled in a storm of controversy as users raise alarms over mysterious outflows, a CEO departure, and an eerie silence from the platform. According to blockchain analyst ZachXBT, BitForex’s hot wallets experienced staggering outflows totaling approximately $56.5 million on February 23. This alarming

February 26, 2024 2 mins read