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MainNewsA Glitch on ...

A Glitch on Bitrue Exchange Liquidates All XRP Long Positions


by CoinEdition
  • XRP price on Bitrue Exchange plummeted to $0.001 and immediately rebounded.
  • The sharp price drop wiped out virtually all active XRP long positions.
  • Several customers on the platform have demanded an explanation from the Exchange

A glitch on the Bitrue Exchange has led to the liquidation of almost all active XRP long positions held by customers. One customer’s tweet indicated the XRP price on Bitrue Exchange plummeted to $0.001 and immediately rebounded. The sharp price drop wiped out virtually all active XRP long positions.

Several customers on the platform have called for the Bitrue team to investigate the situation and provide a proper explanation. The event reignited some negative sentiments, raising issues around the trust that capital users have in the exchange. One customer decried the recent development and stated his resentment since hackers exploited the platform multiple times.

Bitrue exchange is yet to respond to the co…

The post A Glitch on Bitrue Exchange Liquidates All XRP Long Positions appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Digital Asset Inflows Top $785M as SUI Outshines XRP and Cardano

Digital Asset Inflows Top $785M as SUI Outshines XRP and Cardano

Inflows into crypto investment products hit $785 million, with Bitcoin and Ethereum l...
Ripple Adds Two New Payment System Clients Amid UAE Expansion

Ripple Adds Two New Payment System Clients Amid UAE Expansion

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MainNewsA Glitch on ...

A Glitch on Bitrue Exchange Liquidates All XRP Long Positions


by CoinEdition
  • XRP price on Bitrue Exchange plummeted to $0.001 and immediately rebounded.
  • The sharp price drop wiped out virtually all active XRP long positions.
  • Several customers on the platform have demanded an explanation from the Exchange

A glitch on the Bitrue Exchange has led to the liquidation of almost all active XRP long positions held by customers. One customer’s tweet indicated the XRP price on Bitrue Exchange plummeted to $0.001 and immediately rebounded. The sharp price drop wiped out virtually all active XRP long positions.

Several customers on the platform have called for the Bitrue team to investigate the situation and provide a proper explanation. The event reignited some negative sentiments, raising issues around the trust that capital users have in the exchange. One customer decried the recent development and stated his resentment since hackers exploited the platform multiple times.

Bitrue exchange is yet to respond to the co…

The post A Glitch on Bitrue Exchange Liquidates All XRP Long Positions appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Digital Asset Inflows Top $785M as SUI Outshines XRP and Cardano

Digital Asset Inflows Top $785M as SUI Outshines XRP and Cardano

Inflows into crypto investment products hit $785 million, with Bitcoin and Ethereum l...
Ripple Adds Two New Payment System Clients Amid UAE Expansion

Ripple Adds Two New Payment System Clients Amid UAE Expansion

Ripple partners with Zand Bank and Mamo to expand its blockchain payment services in ...