Binance Uganda fully shut down
Binance Uganda announced a phased wind-down and fully shut down on 2020-11-28.
Status effect: deadConfidence: mediumDirect event-linked evidence: 2
Reviewed event layer
Exchange incidents
Browse reviewed exchange incidents and lifecycle disruptions linked back to entity dossiers and supporting evidence.
Page 16 of 22 · showing 376–400 of 545
Timeline events545
Affected exchanges324
Critical events303
Event-linked sources915
Leading recorded types
Incident mix
2020
25 events on this pageMercuriEx closure update surfaced
Public exchange-status coverage preserved a 2020-11-18 update stating that MercuriEx was closing down.
Status effect: limitedConfidence: mediumDirect event-linked evidence: 1
Hackcritical
KuCoin disclosed a major hot-wallet security breach
KuCoin disclosed that private keys associated with hot wallets had been compromised and that large quantities of crypto assets were transferred out of the exchange. The exchange remained active and later reported substantial recovery and insurance coverage.
Status effect: limitedConfidence: highDirect event-linked evidence: 1
Hackcritical
Eterbase suffered a major hot-wallet hack
Public reporting stated that Eterbase lost more than five million dollars from compromised hot wallets and entered maintenance mode.
Status effect: limitedConfidence: highDirect event-linked evidence: 1
Shutdown effectivecritical
NLExch marked dead
Public exchange-status sources marked NLExch as closed and moved it to the exchange graveyard on 2020-09-01.
Status effect: deadConfidence: mediumDirect event-linked evidence: 2
Shutdown effectivecritical
ANXPRO was moved to dead-side handling
Public exchange-status sources treated ANXPRO as inactive after the exchange stated that it would not resume digital-asset exchange services.
Status effect: deadConfidence: mediumDirect event-linked evidence: 2
NLExch closure statement surfaced
A public update stated that NLExch had closed down and cited Dutch registration requirements and related operating costs.
Status effect: limitedConfidence: mediumDirect event-linked evidence: 0
ANXPRO announced it would not resume exchange services
Public exchange-status coverage recorded an ANXPRO website message stating that the exchange had decided not to resume digital assets exchange services.
Status effect: limitedConfidence: highDirect event-linked evidence: 0
OSC approved a settlement over Coinsquare wash trading and misleading statements
The Ontario Securities Commission approved a settlement addressing inflated trading volumes generated through wash trades, misleading public statements, and related conduct by Coinsquare and former executives.
Status effect: noneConfidence: highDirect event-linked evidence: 2
OSC staff review concluded Quadriga operated as a fraud
The Ontario Securities Commission staff review concluded that Quadriga's collapse resulted from fraud by Gerald Cotten and described the case as an old-fashioned fraud wrapped in modern technology.
Status effect: deadConfidence: highDirect event-linked evidence: 2
Shutdown effectivecritical
OpenLedger DEX closed down
Public exchange-status sources state that OpenLedger DEX closed down as of 2020-05-15 and is no longer operational.
Status effect: deadConfidence: highDirect event-linked evidence: 2
Shutdown announcedcritical
Altsbit shut down after hack
Altsbit announced a final withdrawal deadline and shutdown following the earlier hack-related losses.
Status effect: deadConfidence: mediumDirect event-linked evidence: 1
Shutdown effectivecritical
Operations ceased
Altsbit ceased operations after the crisis that ultimately ended the platform.
Status effect: deadConfidence: mediumDirect event-linked evidence: 1
55 Global Markets marked dead after website became inaccessible
Cryptowisser reported on 2020-05-01 that it could not access the 55 Global Markets website and, pending contrary information, marked the exchange as dead and moved it to the Exchange Graveyard. Other trackers later showed no current market data or website-unavailable status.
Status effect: deadConfidence: mediumDirect event-linked evidence: 5
OpenLedger DEX closure notice was published
Public exchange-status coverage recorded an OpenLedger DEX closure notice on 2020-04-25 stating that the exchange would close down as of 2020-05-15.
Status effect: limitedConfidence: highDirect event-linked evidence: 0
Shutdown effectivecritical
IDAX was moved to dead-side handling
Public exchange-status sources marked IDAX inactive and effectively dead by 2020-03-31 after months of suspended deposits and withdrawals and unresolved CEO-disappearance claims.
Status effect: deadConfidence: highDirect event-linked evidence: 1
Shutdown effectivecritical
Bitlish stopped providing services and was treated as dead
Cryptowisser marked Bitlish as dead on 2020-03-30 after the exchange closed down.
Status effect: deadConfidence: mediumDirect event-linked evidence: 1
Bitlish published a final closure notice
Publicly preserved closure text stated that Bitlish would stop providing services to all customers on 2020-03-30 and required users to withdraw remaining assets by the same date.
Status effect: limitedConfidence: mediumDirect event-linked evidence: 1
OKCoin Japan registered as a Japanese crypto-asset exchange operator
Japan's Financial Services Agency lists OKCoin Japan K.K. under Kanto Finance Bureau registration No.00020 dated March 30, 2020 as a registered crypto-asset exchange operator.
Status effect: activeConfidence: highDirect event-linked evidence: 1
Neraex marked dead after apparent website takeover
Cryptowisser marked Neraex dead after reporting that the exchange website appeared to have been hacked or taken over; CoinGecko later showed no available coins, trading pairs, or reported volume.
Status effect: deadConfidence: mediumDirect event-linked evidence: 4
GO.Exchange reached its announced terminal closure date
The withdrawal run-off ended at the exchange's announced 2020-03-15 terminal deadline, after trading and deposits had already been disabled since January 30.
Status effect: deadConfidence: mediumDirect event-linked evidence: 2
Shutdown effectivecritical
Trade Satoshi terminated services and was treated as dead
Public exchange-status sources recorded that Trade Satoshi closed down on 2020-03-01 and moved it to dead-side handling.
Status effect: deadConfidence: highDirect event-linked evidence: 1
Trade Satoshi announced closure
Trade Satoshi announced that deposits would no longer be processed and instructed users to complete withdrawals before all services terminated on 2020-03-01 00:00 UTC.
Status effect: limitedConfidence: highDirect event-linked evidence: 1
Insolvencycritical
FCoin disclosed a major BTC shortfall
FCoin disclosed a reserve shortfall estimated at 7,000 to 13,000 BTC, creating an insolvency / withdrawal-impediment state for the exchange.
Status effect: deadConfidence: highDirect event-linked evidence: 4
Withdrawals suspendedcritical
FCoin could no longer process user withdrawals
FCoin disclosed that it was unable to process user withdrawal demands because its asset reserve was below liabilities.
Status effect: limitedConfidence: highDirect event-linked evidence: 1