What is KuShen Wallet (KuShen Wallet has gone bankrupt and is recovering)
KuShen Wallet, according to official sources, is a multi-chain digital currency
KuShen Wallet, according to official sources, is a multi-chain digital currency wallet. It integrates various applications such as decentralized storage and blockchain browser, and supports the storage and withdrawal services of BTC and LTC. It allows users to control and manage their assets securely through smart contracts. Currently, it has collaborated with many exchanges including Coinbase, Huobi, and Kraken.
KuShen Wallet is one of the earliest multi-platform multi-chain wallets and the first blockchain enterprise in China to integrate various mainstream cryptocurrency wallets. Its main products include the multi-chain aggregator X-Wallet, cross-chain instant exchange XmBridge, and decentralized mining pool SlushPool.
KuShen Wallet’s Closure and Recovery
Recently, the founder of the blockchain wallet KuShen, Zhang Chao, posted on Weibo saying, “I am now a customer of the recovery team. We are working hard to withdraw the funds back to the wallet as soon as possible.” This message has sparked widespread discussion in the cryptocurrency circle. “This product is so popular!” “Well, that’s just how it is.” He further explained, “But you may find it boring.” He also stated that no one has used this product from the beginning. Currently, the feature is still in the testing phase. However, for some users, this situation is not very optimistic as they believe that their money has already been lost. Some investors are also concerned about how these issues will be resolved if it is not due to these problems but other reasons. According to reports, the KuShen team has also sent emails to users, either to directly cease services or close accounts. (BlockchainIPO)
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