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Hong Kong-based Coinsuper allegedly blocks customers’ withdrawals

A cryptocurrency exchange in Hong Kong has reportedly stopped all withdrawal requests, according to reports. Coinsuper is the sole crypto firm in China that is licensed by the government, and was founded by a former senior UBS Group AG executive in November 2017.The report by Bloomberg suggests that customers of

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Bitcoin exchange balances trend back to historic lows as BTC withdrawals resume in January

Bitcoin (BTC) exchange reserves are back near record lows as 2022 sparks renewed appetite among buyers.Data from on-chain analytics firm CryptoQuant shows reserves across 21 exchanges at 2.308 million BTC as of Jan. 4.Exchanges return to overall BTC balance downtrendLate December saw a macro low of 2.303 million BTC left

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OKEx founder reportedly under investigation as exchange suspends withdrawals

The founder of major global cryptocurrency exchange OKEx has been reportedly questioned by authorities previous to OKEx suspending cryptocurrency withdrawals.OKEx founder Mingxing Xu, also known as Star Xu, has reportedly been questioned by the police, Chinese news agency Caixin reported today. According to the report, the executive was investigated “at

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