We take the security and integrity of all customer assets seriously and want to address some recent FUD regarding $BCH. https://t.co/PvJ70UVJ8S maintains 1:1 reserves, which means for every BCH you hold on our platform, we maintain a BCH in reserve.
The temporary pause we experienced with BCH withdrawals earlier in the week was caused by a technical issue in our deposit sweeping system. Under normal conditions, our systems based on predetermined thresholds automatically sweep funds from our customers’ individual deposit wallets into our platform's hot wallets and ultimately to our cold wallets where assets are securely stored. Going into this past weekend, however, the sweeps from our customers’ BCH deposit addresses were not happening automatically (note that this issue did not affect any other token).
As a result, we temporarily paused BCH withdrawals until the fix was implemented and normal deposit, hot, and cold wallet flows resumed. Thanks to our tech team who worked over the weekend, BCH withdrawals on all networks have now been fully operational since late Sunday night.
In an environment where FUD spreads like a virus, we want to reiterate that https://t.co/PvJ70UVJ8S was established to serve U.S. consumers and structured to adhere to U.S. regulations. Rest assured that your assets remain safe and secure, and no amount of FUD will ever change that.
Say goodbye to prying eyes and hello to secure conversations. We're giving early access to Encrypted Direct Messages v1 to our verified users.
We're excited to get feedback, improve the experience, and roll it out to even more users. Learn more: https://t.co/xl5Juz1pyy
It's Giveaway time! 💃
With less than 4 weeks to go until the BIG launch of #WEB3WAR. We're excited to announce the new twitter channel: @web3war_game 💥
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@solana Every time someone posts one of these tweets storms, my phone explodes with notifications. Could you limit it to one tweet and a Medium/blog link?