#ExchangeShutdown

AscendEX Shuts Down After MiCA Miss, Warns of Withdrawals

1h ago

AscendEX Shuts Down After MiCA Miss, Warns of Withdrawals

Around three in four EU-registered crypto firms are expected to fail MiCA's June 30 deadline, and AscendEX is the first major name to publicly warn users their funds may be stuck.

CryptoSlate

AscendEX shuts down, warns users of partial balance losses

🩸BEARISH

1d ago

AscendEX shuts down, warns users of partial balance losses

The shutdown cites MiCA, regulatory, financial and operational pressure, and a Coin Bureau report points to empty hot wallets, framing a full-balance recovery as uncertain for AscendEX users.

Crypto News

AscendEX shuts down: users warned of partial crypto withdrawals

🩸BEARISH

1d ago

AscendEX shuts down: users warned of partial crypto withdrawals

The exchange blamed a failed strategic transaction and MiCA pressure for the July 1 shutter, but the more dangerous signal is the empty hot wallets ZachXBT flagged weeks earlier.