The Beaxy crypto exchange, which was launched recently by the sucker, suspended trading due to the collapse of the XRP rate, which occurred on the platform due to dishonesty of users.
A message from Beaxy says that on the eve of the site there was an unusual trading activity with a pair of XRP-BTC. As a result of unusual activity, the sale of cryptocurrencies of the Ripple project provoked a collapse in the rate of more than 40% compared to the average rate on other crypto exchanges. So, for example, before Beaxy stopped trading, the cost of one XRP coin was only 0.00001 BTC on Beaxy and 0.00002637 BTC on Binance.
A little later, the exchange explained that the incident was triggered by the so-called partial payment attack, which the site had previously suffered. Security experts were able to figure out who took part in the attack, and therefore the exchange hopes that it will be possible to return the stolen funds.
Beaxy Exchange began its operations in June this year, the development of the platform continued for two years. At the time of the start of trading on Beaxy, approximately 60 thousand users from the United States and more than 180 from other countries of the world were registered.
