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AscendEx shutdown: Uncertainty over withdrawals as hot wallets lack funds

Following almost two weeks of uncertainty over disruption to asset withdrawals, AscendEx has announced it has ceased operations.

After crashing 99.9%, this BTC treasury stock crashed 99.9% — again

Michael Saylor-inspired BTC treasury company Hyperscale Data saw its split-adjusted stock price plummet to below $0.14 yesterday.

Avalanche treasury stock, which wanted to amass $1B in AVAX, crashed 93% and told the SEC it might not survive the year.

Two companies have remotely frozen 3.7B stablecoins, exposing the kill switch hiding inside crypto’s most popular asset class.

Goldfinch was supposed to use crypto and decentralization to distribute loans to creditworthy borrowers in developing markets like Africa.