Why Freeze Bitcoin Accounts (Bitcoin Frozen Card)
Why Freeze Bitcoin Accounts Recently, the hacker events of Bitfinex and Tether
Why Freeze Bitcoin Accounts Recently, the hacker events of Bitfinex and Tether have once again intensified the congestion of the Bitcoin network. According to a report released by CoinDesk on April 18th, the confirmation time of transactions is delayed to about 6 hours due to the rise in Bitcoin prices, which has also caused panic among users.
But in fact, in the past few weeks, some security companies have started to freeze user accounts and close their services. These security measures include blocking any third-party access to your account or sending funds to you, etc. Currently, there are two ways to completely prevent such attacks. The first is to notify via email, if someone wants to access your Bitcoin account or buy Bitcoin from you, they will ask you to contact us for information about them. Then, this technology allows users to communicate directly with others through email.
When a wallet provider receives a request from an exchange (such as Tether), it will immediately stop processing these requests for customers. However, if this is not done, it will cause additional losses. Therefore, measures need to be taken to protect your Bitcoin assets from potential risks. Secondly, you can avoid further information leakage and threats to the Bitcoin network by monitoring Bitcoin activity history online.
Bitcoin Frozen Card
According to reports, the latest news shows that Beijing Bitmain Technologies Ltd. has been frozen and has appealed to the court, requesting payment of virtual currencies such as Bitcoin and Ethereum.
It is understood that on March 12, 2017, Beijing Bitmain formally established a Hong Kong company, and the 100% control rights of its subsidiary Shenzhen Bit Micro Technology Development Co., Ltd. belong to the operation of the Hong Kong digital asset trading and blockchain technology services provider (referred to as the “platform”); since 2018, when conducting business in Hong Kong, it has made efforts to cooperate with regulatory agencies in freezing accounts, retaining assets, and recovering funds. (Shanghai Securities News)
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