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AscendEX ceases operations after ZachXBT warning on withdrawals

  • Editorial Team--Crypto Briefing
  • published date: 2026-07-08 13:53:31 UTC

AscendEX's closure highlights the critical need for regulatory compliance and transparency to protect investors in the volatile crypto market. The post AscendEX ceases operations after ZachXBT warning on withdrawals appeared first on Crypto Briefing.

The centralized exchange shut down on July 1 after on-chain sleuth flagged depleted hot wallets and mounting withdrawal delays AscendEX, the centralized crypto exchange formerly known as BitMax, pull… [+2696 chars]