Bithumb and Upbit, one of the largest cryptocurrency exchanges in South Korea, made statements warning users about the latest privacy-focused MimbleWimble development of the Litecoin (LTC) blockchain.
Bithumb and Upbit, Litecoin blockchain’s latest privacy-focused MimbleWimble after its development Monday, May 23 in the statements they published on the day about the risks associated with privacy-enhancing development warned investors.
bithumb in his statement Mimblewimble of the development, users sending tokens by hiding transaction data. enabling “confidential transactionsHe said he let them do it. Upbit While a similar statement was made by the other cryptocurrency exchanges of the country, chorbite and coinoneNo statement has been received so far.
In Korea, where trading of cryptocurrencies is not allowed with a focus on privacy customer recognition (KYC) and money laundering (AML) exchanges, which have to follow the procedures, after issuing such warnings. delisting cryptocurrencies has history.
CoinGecko according to data $5.2 million between market cap and cryptocurrencies 18th place located in Litecoin (LTC)at the time of writing From $73.60 is being traded.
Litecoinfocused on privacy Mimblewimble announced its development for the first time in 2020.
Date for Mimblewimble in Litecoin!
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