Xeggex: Beaten Down & Out?

Xeggex: Beaten Down & Out?


While the Xeggex Exchange is finally accessible to most users, many are struggling to remove their assets as not all the coins and tokens are freed up. Trade is useless as the exchange is disconnected from any markets. The only thing a user can do is move out those minor tokens and coins that are fully accessible and can be withdrawn.

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https://x.com/xeggex/status/1891799662572589509

In the meantime, probably more indicative of the real condition, the Exchange management is asking through their community manager whether Xeggex should continue. Interestingly, despite the hack, experience, and notoriety surrounding the event and its key players, the online community is overwhelmingly voting to support the exchange continuing. Once burned, twice rabid? Can't explain that one myself...

No idea what this is about and need the back story? You can see the earlier parts of this ongoing adventure here:

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WinterYeti
WinterYeti

A professional freelance writer for the last 20 years and a budding photographer by hobby.


The Intersect of Crypto Musings & Consumer Impacts
The Intersect of Crypto Musings & Consumer Impacts

A blog focused on ongoing government regulation for crypto or consumer issues with crypto with wide range of topics from pitfalls to avoid to opportunities to grab.

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