Romania’s oldest and the first ever crypto exchange, BTCxChange declared that it is closing all its services today i.e., May 1st, 2018.
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Romania’s oldest and the first ever crypto exchange, BTCxChange declared that it is closing all its services today i.e., May 1st, 2018.
Beleagured Romanian Bitcoin Exchange BTCxChange is Shutting Down
Beleagured Romanian Bitcoin Exchange BTCxChange is Shutting Down
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Romanian bitcoin exchange BTCxChange, which has suffered problems since its launch in 2014, has once again announced its closing, having recently informed customers that it will close on May 1, 2018.
A notice dated April 22 from the BTCxChange team on the exchange…
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Bitcoin Exchange Closes After Lead Programmer Holds Servers Hostage
11 February 2015 | Gerrard Hartley | cryptocoinsnews.com
After one year of operation, the Romanian bitcoin exchange known as BTCXChange formerly closed its doors to the public after accusing their lead programmer of holding their servers hostage.
It began on December 16, 2014. The bitcoin exchange hadn’t updated their news section of the website for a few months, but out of the blue they issued a major warning.
“Due to security reasons, we ask all BTCXchange.ro platform users to withdraw all their funds, both FIAT and BTC (Bitcoin), from their platform accounts until December 19th, 2014 and TO TRADE NO MORE.”
The following day, BTCXChange sent out another warning, in bolded and red, asking frantically for all their customers to withdraw their funds from the bitcoin exchange platform. It was at this point they divulged that they had lost access to the bitcoin exchange servers.
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