Beaxy has suspended trading after XRP plummets …

Beaxy suspends trading after XRP plummets on its platform

Big sale cryptocurrencies XRP was traded on Beaxy on Monday. As a result, XRP price on Beaxy fell by 62% relative to other cryptocurrency exchanges.

Beaxy has suspended trading after XRP plummets ...

Beaxy described the situation as “unusual high volume activity” on its blog and completely suspended trading on the platform “in quality precautionary measures”. Also users Beaxy was unable to withdraw funds.

Before stopping trades one XRP on Beaxy cost 0,00001 BTC, then as, for example, on Binance – 0.00002637 BTC.

The exchange later disclosed information about Tom, what a violation normal trade was the result of a partial payment attack that her platform.

“We found and applied decision. For to continue working, we are rolling back the transactions related to this problem before moment when they are for the first time were discovered “, – writes exchange. In time eliminating consequences attacks all trading activity on the exchange will be frozen.

Beaxy has suspended trading after XRP plummets ...

Besides addition, identification information allowed we identify participants of this incident and take action their relation. We are confident that we can return illegally assigned funds“, – adds the exchange.

Beaxy started servicing trading 2 months ago. Yet before his official opening of the exchange reported about the implemented on her hacker attack.

In May such the same the BitoPro exchange was attacked, losing then 7M XRP ($ 2.17 million). As explained stock exchange Bitrue, XRP allows to send Promise commit payment, which uninformed services perceived as a complete transaction and leads to enrollment deposits.