As per HashNews, Huionepay has suspended small withdrawals and delayed redemptions in stages since December 1 due to external changes and concentrated user withdrawals. On-chain audits show that Ethereum-related addresses had largely depleted their USDT by October, with the last valid transfer on November 3. Tron addresses, after multiple consolidations in November, were exhausted by November 28, after which a new address was used to consolidate user funds but no longer transfers to regular users. As of December 2, Huionepay's chain holds only about 990,000 USDT.
Huionepay Halts Withdrawals as Chain Funds Drop to 990,000 USDT
KuCoinFlashShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.