A market maker questions whether BitMart is insolvent, alleging the exchange previously induced users to lock their funds, and that funds can no longer be withdrawn.
1 hours ago
OpenGradient co-founder Matthew posted that his market maker (MM) team’s funds on the BitMart exchange are currently unavailable for withdrawal, reportedly due to the platform being insolvent. Matthew noted that BitMart still required token holders to lock their assets on the exchange a week before halting related services, describing the move as “shocking”. He argued that BitMart’s prior push for users to lock assets was essentially aimed at securing liquidity. To date, BitMart has not responded to the related allegations. The incident has sparked community concerns over fund security, asset custody, and liquidity management risks associated with centralized crypto exchanges.
Ethereum's staked ETH reaches an all-time high, with over 41.7 million ETH making up one-third of its total circulating supply.
23 minutes ago
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23 minutes ago
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23 minutes ago
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