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2019-07-09 16:00:55

Loss of liquidity causes Bitmarket to shut down in Poland

According to reports coming from Poland, the second largest cryptocurrency exchange in the country, Bitmarket has seized its operations due to loss of liquidity. Usually, when companies say that they’ve lost their liquidity sources it means that they are on the verge of bankruptcy and would much rather exit their positions while they’re still in the positive. However, some rumours have flared up with the investors saying that the crypto exchange may have been hacked recently, as last week Bitmarket asked its investors to change their passwords as well as provide snapshotted documents on their accounts. This all seemed odd