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Showing posts with the label delisting

Monero (XMR) exchange troubles continue with another major delisting

Kraken has announced it will delist Monero (XMR) from its exchange in Ireland and Belgium. Other exchanges, including Binance, have previously delisted XMR amid regulatory scrutiny. XMR price was at $132, largely flat after the Kraken news. Privacy coin Monero (XMR) has faced numerous delistings in recent months, with leading crypto exchanges ending trading support for XMR as part of their regulatory compliance. The latest setback in the regard comes after cryptocurrency exchange Kraken announced an end to trading support for the privacy coin. In a notice, Kraken informed its customers it would delist Monero from its platform in Ireland and Belgium. The announcement, published earlier today, states that the CEX will remove XMR from its platform in the EU jurisdictions as from June 10, 2024. Ahead of that, Kraken will halt trading and deposits on May 10. The exchange will also auto-close any open margin positions by May 10 – which means customers ha...

Bitget announces the delisting of Floki’s TokenFi (TOKEN)

Bitget has announced the delisting of TokenFi (TOKEN), the token of an asset tokenization platform launched by Floki. The exchange accuses the team behind TOKEN of potential market manipulation and opaque vesting schedule. The price of TOKEN was $0.01806395 at the time of writing, having surged by 258% in the past 24 hours. Bitget has announced the delisting of TokenFi (TOKEN), the tokenization platform recently launched by the team behind the meme cryptocurrency Floki. The price of TOKEN on exchanges is currently $0.01806395, about 258% up in the past 24 hours. Bitget announced the listing of TokenFi on October 27. Why did Bitget delist TOKEN According to details in an announcement published on Tuesday, 0ctober 31, the decision to delist TOKEN relates to potential market manipulation by the project’s team. “ After the trading service of TokenFi (TOKEN) began, significant price fluctuations have been noticed. It was also found that the pro...