FCoin Closes Down, Reveals $130 Million Bitcoin Shortfall

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The growth in the crypto space over the past half a decade or so has been primarily fueled by the emergence of crypto exchanges like FCoin, among others. While that may be true, it should also be kept in mind that many such exchanges have floundered due to a variety of reasons, and such a thing has happened with the above-mentioned exchange.

Big Blow

In a new development, it emerged that the exchange has paused withdrawal and trading due to a significant shortfall in crypto assets. It is a problem that could potentially have an effect …

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