What are some examples of crypto currency exchanges that closed down in 2018?

5 answers

• AcoderMay 29, 2022 · 3 years ago
  Sure! In 2018, there were several cryptocurrency exchanges that closed down. One notable example is Coinrail, a South Korean exchange that suffered a security breach in June 2018, resulting in the loss of approximately $40 million worth of cryptocurrencies. Another example is Liqui, a Ukraine-based exchange that announced its closure in January 2019, but stopped operating in late 2018. These are just a few examples, but there were other exchanges that faced regulatory issues, financial difficulties, or security breaches, leading to their closure.
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• Elber .com1234 SanchezOct 17, 2020 · 5 years ago
  Oh man, 2018 was a tough year for some cryptocurrency exchanges. One exchange that closed down was Coinrail, a South Korean exchange that got hacked and lost a bunch of money. Liqui, a Ukrainian exchange, also shut its doors. It's crazy how these exchanges can just disappear overnight.
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• Offenbacher FahrdienstNov 02, 2022 · 3 years ago
  In 2018, there were a few cryptocurrency exchanges that unfortunately had to close down. One of them was Coinrail, a South Korean exchange that got hacked and lost a significant amount of funds. Another example is Liqui, a Ukrainian exchange that faced liquidity issues and eventually ceased operations. It's a tough industry, and not all exchanges can survive the challenges.
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• McCurdy EriksenNov 16, 2023 · 2 years ago
  Coinrail and Liqui are two examples of cryptocurrency exchanges that closed down in 2018. Coinrail suffered a security breach, while Liqui faced financial difficulties. It's a reminder that the cryptocurrency market can be volatile and risky, and investors should be cautious when choosing which exchanges to trust.
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• thelostsouldownDec 21, 2024 · 8 months ago
  In 2018, there were a couple of cryptocurrency exchanges that closed down. One of them was Coinrail, a South Korean exchange that experienced a security breach and lost a significant amount of funds. Another example is Liqui, a Ukrainian exchange that faced challenges in maintaining sufficient liquidity. These closures highlight the importance of security and financial stability in the cryptocurrency exchange industry.
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