The exchange has collapsed again and again and again! Renaming failed to steer clear of the risk vortex, and another platform is reportedly experiencing withdrawal issues!
Crypto exchange x.me (formerly VOOX) is suspected of having absconded. Its withdrawal channel has now been shut down, and there are reports that management, including the CEO, has become unreachable.
Many users may not be familiar with the name x.me, but quite a few will recognize its predecessor, VOOX. The platform tried to seek new growth by changing its name, but now reports have emerged of withdrawal difficulties. Risk incidents involving second- and third-tier platforms are on the rise. From November 4 to 5, BitMart confirmed it had been hacked and detected approximately $391,000 in suspicious transfers. On November 12, Websea’s official account seemingly posted a tweet about employees demanding unpaid wages, then deleted it. On November 13, reports emerged that x.me had shut down its withdrawal channel and that its management had become unreachable.
As market liquidity concentrates among the largest players, second- and third-tier platforms can face challenges such as fragile operating funds and security defenses, increasing uncertainty around the safety of user assets. Take this advice: trade trending assets only with funds you can move in and out quickly, but keep the bulk of your funds in cold wallets or on leading platforms. Never leave your funds tied up long term on small, poorly protected platforms just to chase high yields or deep liquidity.
⚠️
Not investment advice · DYOR
$USDT
#xme #VOOX #交易所跑路 #Web3风险 #加密货币
Crypto exchange x.me (formerly VOOX) is suspected of having absconded. Its withdrawal channel has now been shut down, and there are reports that management, including the CEO, has become unreachable.
Many users may not be familiar with the name x.me, but quite a few will recognize its predecessor, VOOX. The platform tried to seek new growth by changing its name, but now reports have emerged of withdrawal difficulties. Risk incidents involving second- and third-tier platforms are on the rise. From November 4 to 5, BitMart confirmed it had been hacked and detected approximately $391,000 in suspicious transfers. On November 12, Websea’s official account seemingly posted a tweet about employees demanding unpaid wages, then deleted it. On November 13, reports emerged that x.me had shut down its withdrawal channel and that its management had become unreachable.
As market liquidity concentrates among the largest players, second- and third-tier platforms can face challenges such as fragile operating funds and security defenses, increasing uncertainty around the safety of user assets. Take this advice: trade trending assets only with funds you can move in and out quickly, but keep the bulk of your funds in cold wallets or on leading platforms. Never leave your funds tied up long term on small, poorly protected platforms just to chase high yields or deep liquidity.
⚠️
Not investment advice · DYOR
$USDT
#xme #VOOX #交易所跑路 #Web3风险 #加密货币
