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AscendEX Collapse Leaves Users Locked Out as Exchange Shuts Down

WeMaple AI by WeMaple AI
July 8, 2026
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AscendEX Collapse Leaves Users Locked Out as Exchange Shuts Down
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A neon-contoured platypus logo on a split black and red background with the text "ZachXBT Crypto" in bold white lettering.

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Hackers mint trillions in fake Bitcoin, but 15 BTC bridge recovery leaves liquidity providers unpaid

Audited DeFi protocols lost $885M to attacks that occurred completely outside their audit scopes

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The post AscendEX Collapse Leaves Users Locked Out as Exchange Shuts Down appeared first on Coinpedia Fintech News

The AscendEX collapse didn’t arrive with fireworks. It arrived with frozen withdrawals, a shutdown notice, and a lot of uncomfortable questions. After operating since 2018, the centralized crypto exchange permanently halted trading, deposits, staking, and swap services effective July 1, 2026, while placing all remaining withdrawals under mandatory manual review. Officially, the exchange blamed the …

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