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Zipmex allows customers to withdraw 0.08 ETH from August 11.



Time:8/12/2022 12:19:37 PM

[Zipmex allows customers to withdraw 0.08 ETH from August 11] Jinse Finance reported that the cryptocurrency exchange Zipmex stopped customer withdrawals on July 20, and began to allow customers to access and withdraw up to 0.08 ETH tokens from August 11. Worth around $153 at the time of writing. The company will transfer ETH tokens from Z Wallet, which users use to earn interest and bonuses, to Trade Wallet, which is used for trading and withdrawals. Customers can then withdraw Ethereum tokens to their private wallets. The company will also allow users to withdraw 0.0045 BTC, worth about $111 at the time of writing, starting August 16. Tokens will also be transferred from the Z wallet to the Trade wallet. In its statement, Zipmex said: "We remain committed to gradually completing the transfer of all customer assets and expediting all actions to restore full service to ZWallet. (cryptoslate)

Other news:

Thailand SEC: Investigating the losses caused to the public after Zipmex suspended withdrawals: Golden Financial News, Thailand's Securities and Exchange Commission said today that it is cooperating with law enforcement agencies to investigate the public's losses after the cryptocurrency exchange Zipmex suspended withdrawals last week. potential loss. Earlier, the Thai SEC said in a statement that it was asking affected users of Zipmex to submit information through online forums explaining how they were affected by the platform. (Reuters) [2022/7/25 2:35:56]

Bloomberg: Zipmex is considering offers from related parties and will start due diligence: According to news on July 24, according to Bloomberg News, the cryptocurrency trading platform Zipmex said that after negotiating with related parties, it is considering possible offers and will start due diligence .

According to previous news, on July 20, Zipmex, a cryptocurrency trading platform in Southeast Asia, announced the suspension of withdrawals, and the resumption of withdrawals will be notified separately. Currently, withdrawals from the Trade Wallet have been enabled, while Z wallet transfers, deposits and transactions remain disabled. Zipmex said on social media this Thursday that it has $48 million in exposure to Babel Finance and $5 million in Celsius. [2022/7/24 2:34:48]

The Zcash funding program ZIP 1014 community poll was questioned and the participation sample was too small: ECC stated in a blog post in January that the community poll on the Zcash improvement proposal 1014 showed that the program reached a consensus: 77 people were in favor of implementing it, accounting for 87.5%; 11 people were against , accounting for 12.5%. But some in the cryptocurrency space expressed concern that the poll might not accurately represent the community's position. According to data released by the Zcash Foundation, 71 members of the Zcash community forum voted in another survey, and the majority expressed their support. Lior Yaffe, founder of the blockchain company Jelurida, said that the polling system is quite complicated, and he suspects that most miners/community members cannot understand the voting results. He also criticized miners for focusing on short-term profits rather than the long-term success of the project. He suggested PoS voting as a better alternative to the system used by Zcash. It appears that only members of the Zcash Community Advisory Group, run by the Zcash Foundation, have access to the poll. But Sonya Mann, the group's communications manager, said only two applications to join the poll were turned down by the wider community. Asked whether such poll results are enforceable, she claimed that miners ultimately approve any governance decision on-chain by choosing to run software that enforces a set set of consensus rules. Dissent can be expressed through forks. So it's not mandatory. According to reports in February, ECC and the Zcash Foundation have reached a consensus on ZIP1014, and will allocate 20% of mining rewards to support development in the future. [2020/3/22]

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