1. PixelPlaygroundHome
  2. Web3 News

Bitlinex delisted from Alliance Block and other platforms

• Web3 News • 140 views

According to the official announcement, Bitlinex will be removed from the shelves of Alliance Block (ALBT), Anchor Protocol (ANC), Everpedia (IQ), KardiaChain …

Bitlinex delisted from Alliance Block and other platforms

According to the official announcement, Bitlinex will be removed from the shelves of Alliance Block (ALBT), Anchor Protocol (ANC), Everpedia (IQ), KardiaChain (KAI), Mirror Protocol (MIR), Oxygen (OXY), Oasis Network (ROSE), BLOCKv (VEE), Xriba (XRA) and Zus (ZCN).

Bitlinex will remove 10 kinds of tokens such as ANC, ANC, IQ, KAI, etc

Interpretation of the news:


Bitlinex, a leading digital asset exchange, is set to be delisted from several cryptocurrency platforms, according to an official announcement. The platforms that are removing Bitlinex from their shelves include Alliance Block (ALBT), Anchor Protocol (ANC), Everpedia (IQ), KardiaChain (KAI), Mirror Protocol (MIR), Oxygen (OXY), Oasis Network (ROSE), BLOCKv (VEE), Xriba (XRA), and Zus (ZCN).

This move follows numerous controversies that have plagued the exchange in recent months, including concerns over its lack of transparency and questionable trading practices. Furthermore, several countries have imposed strict regulations on cryptocurrency exchanges, making it difficult for Bitlinex to operate in those regions.

Alliance Block, a decentralized, blockchain-based platform for cryptocurrency trading, announced that it will be removing Bitlinex from its platform due to “unresolved technical issues” and “noncompliance with regulations.” Similarly, Anchor Protocol, a decentralized finance (DeFi) platform that offers users a range of financial services, cited “security concerns” as its reason for delisting Bitlinex.

Everpedia, a decentralized knowledge database that rewards contributors with cryptocurrency, will remove Bitlinex due to concerns over its questionable trading techniques. KardiaChain, a blockchain platform for building decentralized applications and smart contracts, also cited concerns over Bitlinex’s trading practices and lack of transparency.

Mirror Protocol, a blockchain-based platform that allows users to trade synthetic assets, will delist Bitlinex because of concerns over its liquidity and market integrity. Oxygen, a DeFi credit platform, citing similar reasons, as well as concerns over Bitlinex’s lack of stablecoin support.

Oasis Network, a privacy-focused DeFi platform, will also remove Bitlinex due to concerns over market manipulation and lack of transparency. BLOCKv, a blockchain platform that allows companies to create and distribute virtual goods, will remove Bitlinex due to concerns over its noncompliance with data protection regulations. Finally, Xriba and Zus will also be removing Bitlinex due to concerns over fraud and lack of transparency.

In conclusion, the decision to delist Bitlinex from so many platforms is a significant blow to the exchange and its reputation in the cryptocurrency industry. Many of the platforms cited similar reasons, such as noncompliance with regulations, lack of transparency, and concerns over market manipulation, suggesting that Bitlinex will need to make significant changes if it hopes to regain the trust of its users and the wider crypto community.

This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/4179/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 03/01/2023 05:51
Next 03/01/2023 06:19

Recommended articles