Close Menu
    Facebook X (Twitter) Instagram
    ESP Blockchain Journal
    • Noticias
      • Noticias Blockchain
      • Noticias Bitcoin
      • Noticias Ethereum
      • Noticias Ripple
      • NFT
      • Metaverso
      • DeFi
      • Noticias Tron
      • Noticias Litecoin
      • Noticias Monero
      • Noticias Cardano
      • Noticias Stellar
      • Noticias Algorand
      • Noticias Dogecoin
      • Noticias Polkadot
      • Noticias Kusama
      • Noticias Solana
    • Análisis de Precios
    • Academia Cripto
    • Opinión
    • Contacto
    • bandera
    ESP Blockchain Journal
    Home»Noticias»Beaxy Exchange suspended trading after the collapse of the Ripple XRP token rate by 40%

    Beaxy Exchange suspended trading after the collapse of the Ripple XRP token rate by 40%

    0
    By BlockchainJournal on agosto 13, 2019 Noticias, Noticias Ripple
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The recently launched Beaxy cryptocurrency exchange was forced to suspend trading and withdraw funds from the platform due to "unusually high trading activity in the XRP / BTC pair." Later, representatives of the exchange reported that trade problems were provoked by the partial payment vulnerability.

    Quick update. Exchanges were targeted with an $ XRP partial payment exploit today. Beaxy was also targeted in this. We've identified and applied a fix. To move forward, we are rolling back relevant trades on the exchange to the moment it was identified.

    – Beaxy (@BeaxyExchange) August 13, 2019

    So, on Monday, August 12, a major sale of XRP was carried out on Beaxy, as a result of which the price of the token on the exchange fell by 40% compared to other trading platforms.

    TradingView XRP / BTC chart from TradingView

    Beaxy later reported that attackers took advantage of the partial payment vulnerability. The team was also able to identify the perpetrators of the incident thanks to data obtained during the KYC procedures.

    Trading activity on the exchange will be suspended for the duration of the elimination of the consequences of the attack. Representatives of Beaxy also promised to reimburse users of the funds appropriated by fraudsters.

    Recall that earlier the partial payment vulnerability allowed an attacker to withdraw 7 million XRP from the BitoPro exchange.

    Subscribe to BlockchainJournal news on Telegram: BlockchainJournal Feed – the entire news feed, BlockchainJournal – the most important news and polls.

    << aside id = "unisender_subscribe_form-10" class = "widget unisender_form">

    BlockchainJournal.news

    BlockchainJournal.news

    BTC Featured kyc Ripple Telegram xrp
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    ARK Invest Deshace Acciones de Coinbase y GBTC por Millones en Medio del Auge del Mercado

    diciembre 6, 2023

    El Descuento de GBTC se Reduce a Medida que Aumenta el Precio de Bitcoin

    diciembre 6, 2023

    IBM Presenta OSO, Diseñada Para el Almacenamiento en Frío de Activos Digitales

    diciembre 6, 2023

    Marathon Digital Produjo 1.187 Bitcoins en Noviembre y Mantuvo 14.025 BTC sin Restricciones

    diciembre 5, 2023

    Acusaciones de Falsificación de Volumen Sacuden al Token RATS en Gate Exchange

    diciembre 5, 2023

    Ballena de Ethereum Se Despierta y Transfiere $90 Millones a Kraken

    diciembre 5, 2023
    Buscar
    Facebook X (Twitter) Instagram Pinterest
    © 2025 Blockchainjournal

    Type above and press Enter to search. Press Esc to cancel.

    Utilizamos cookies para asegurar que damos la mejor experiencia al usuario en nuestra web. Si sigues utilizando este sitio asumiremos que estás de acuerdo.