Hong Kong-Based AAX Crypto Exchange Suspends All Operations
The cryptocurrency realm is going through a streak of unforeseen events. 2022 was definitely not the best year for several cryptocurrency projects and cryptocurrency prices. The cryptocurrency market brought down several firms, including the Terra ecosystem. Several firms either went bankrupt, closed down, or halted operations due to the falling prices and the fall of Terra. The recent meltdown of the FTX exchange has also shaken the crypto currency industry. SBF and FTX were some of the biggest crypto currency players. The collapse of FTX also had an adverse effect on the prices of crypto currencies. In one of the recent updates, the Hong Kong-based AAX crypto currency exchange has suspended all operations. JUST IN: 🇭🇰 Hong Kong-based crypto exchange AAX suspends all operations, citing system upgrades. — Watcher.Guru (@WatcherGuru) November 13, 2022 AAX cites system upgrades for the current halt As per the details of the announcement, the exchan...