We are informing that the reason for the plunge from 0.0034 usdt to 0.0015 usdt on November 16.
When listing on Lbank, SitPay Foundation deposited the Sitpay in the wallet of 0x22f83e4b9cb95cb88e8f4f15ea598c74c2788.
Trading Pair: SIT/USDT
Deposit Enable: 15:00 on November 19, 2021 (UTC+8)
Trading Open: 15:00 on November 12, 2021 (UTC+8)
Withdrawal Enable: 15:00 on November 19, 2021 (UTC+8)
As the above notice, when Hotbit Sitpay price rose significantly in a situation when withdrawal was impossible, We confirmed the record of withdrawing 32 million Sitpay from Lbank to Hotbit that we deposited The L-Bank Exchange directly moved the Sitpay to hotbit and plunged the price, and we will disclose this case to all media and hold it accountable.
We are informing that the reason for the plunge from 0.0034 usdt to 0.0015 usdt on November 16.
When listing on Lbank, SitPay Foundation deposited the Sitpay in the wallet of 0x22f83e4b9cb95cb88e8f4f15ea598c74c2788.
Trading Pair: SIT/USDT
Deposit Enable: 15:00 on November 19, 2021 (UTC+8)
Trading Open: 15:00 on November 12, 2021 (UTC+8)
Withdrawal Enable: 15:00 on November 19, 2021 (UTC+8)
As the above notice, when Hotbit Sitpay price rose significantly in a situation when withdrawal was impossible, We confirmed the record of withdrawing 32 million Sitpay from Lbank to Hotbit that we deposited The L-Bank Exchange directly moved the Sitpay to hotbit and plunged the price, and we will disclose this case to all media and hold it accountable.
A leaked Telegram discussion by 50 so-called crypto influencers has exposed the extraordinary steps they take in order to profit on the back off unsuspecting defi investors. According to a leaked screenshot of the chat, an elaborate plan to defraud defi investors using the worthless “$Few” tokens had been hatched. $Few tokens would be airdropped to some of the influencers who in turn promoted these to unsuspecting followers on Twitter.
What Is Bitcoin?
Bitcoin is a decentralized digital currency that you can buy, sell and exchange directly, without an intermediary like a bank. Bitcoin’s creator, Satoshi Nakamoto, originally described the need for “an electronic payment system based on cryptographic proof instead of trust.” Each and every Bitcoin transaction that’s ever been made exists on a public ledger accessible to everyone, making transactions hard to reverse and difficult to fake. That’s by design: Core to their decentralized nature, Bitcoins aren’t backed by the government or any issuing institution, and there’s nothing to guarantee their value besides the proof baked in the heart of the system. “The reason why it’s worth money is simply because we, as people, decided it has value—same as gold,” says Anton Mozgovoy, co-founder & CEO of digital financial service company Holyheld.
