Cobinhood altcoin exchange shuts down "for audit"

posted 3 months ago
Cobinhood, an exchange that supported multiple altcoins, turned up with a worrying message. The market stated it is closing for an audit – but such news, coming on the tail of other exchange closings, are taken as a negative sign.

The exchange operator has promised it would open its wallets for withdrawals, and has warned that new deposits will not be counted and can lead to permanent losses.
Tags: blockchain, news