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Cryptorank
MainNewsAmber Group ...

Amber Group and HashKey Capital Question ZKX’s Abrupt Closure


Aug, 04, 2024
< 1 min read
by CoinEdition
Amber Group
  • Amber Group addresses itself as the investor of ZKX, holding nearly 3 million ZKX tokens.
  • ZKX recently closed its platform, citing minimal user engagement and revenue decline.
  • HashKey Capital and Amber Group questioned ZKX’s abrupt closure, highlighting the significance of transparency.

Investors and market makers have responded to the abrupt closure of the Starknet-based social derivatives trading platform ZKX. In a recent X post, Amber Group, a prominent crypto company, addressed itself as an investor in ZKX, holding nearly 3 million ZKX tokens.

On July 31, ZKX founder Eduard Jubany Tur announced without prior notification that the ZKX protocol was being discontinued. He pointed out several key factors that led to the platform’s shutdown. He posited that user engagement has become “minimal,” with onl…

The post Amber Group and HashKey Capital Question ZKX’s Abrupt Closure appeared first on Coin Edition.

Read the article at CoinEdition

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Nigerian SEC to Crack Down on Unregulated Crypto Exchanges

Nigerian SEC to Crack Down on Unregulated Crypto Exchanges

The digital asset trading platforms and individuals in Nigeria that are not complying...
Sep, 09, 2024
< 1 min read
by CoinEdition
Bitcoin Technical Analysis: Path to $58K Blocked by Heavy Resistance at $56,000

Bitcoin Technical Analysis: Path to $58K Blocked by Heavy Resistance at $56,000

On September 9, 2024, bitcoin is trading for $55,321, rebounding from recent lows but...
Sep, 09, 2024
by Bitcoin News
MainNewsAmber Group ...

Amber Group and HashKey Capital Question ZKX’s Abrupt Closure


Aug, 04, 2024
< 1 min read
by CoinEdition
Amber Group
  • Amber Group addresses itself as the investor of ZKX, holding nearly 3 million ZKX tokens.
  • ZKX recently closed its platform, citing minimal user engagement and revenue decline.
  • HashKey Capital and Amber Group questioned ZKX’s abrupt closure, highlighting the significance of transparency.

Investors and market makers have responded to the abrupt closure of the Starknet-based social derivatives trading platform ZKX. In a recent X post, Amber Group, a prominent crypto company, addressed itself as an investor in ZKX, holding nearly 3 million ZKX tokens.

On July 31, ZKX founder Eduard Jubany Tur announced without prior notification that the ZKX protocol was being discontinued. He pointed out several key factors that led to the platform’s shutdown. He posited that user engagement has become “minimal,” with onl…

The post Amber Group and HashKey Capital Question ZKX’s Abrupt Closure appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Nigerian SEC to Crack Down on Unregulated Crypto Exchanges

Nigerian SEC to Crack Down on Unregulated Crypto Exchanges

The digital asset trading platforms and individuals in Nigeria that are not complying...
Sep, 09, 2024
< 1 min read
by CoinEdition
Bitcoin Technical Analysis: Path to $58K Blocked by Heavy Resistance at $56,000

Bitcoin Technical Analysis: Path to $58K Blocked by Heavy Resistance at $56,000

On September 9, 2024, bitcoin is trading for $55,321, rebounding from recent lows but...
Sep, 09, 2024
by Bitcoin News