Liquid Crypto Exchange Halts Crypterium (CRPT) Trading after Suspicious Activity

Cryptocurrency exchange Liquid has temporarily suspended trading in Crypterium (CRPT), the native coin of a blockchain-based payment system, after the placement of a suspicious order, as announced on Monday. The exchange and the Crypterium team are working to resolve the issue and re-start activities. Liquid, the new trading platform of Quione, decided to freeze CRPT buying and selling services after a trader mistakenly sold 30,000 CRPT on Sunday night. The order led to a sudden crash in the price to BTC 0.00000699, the CRPT team explained in its Telegram post. Several days ago, Quione merged Qryptos and Quoinex to create Liquid, with CRPT migrating from Qryptos to the new exchange. “Liquid exchange uses a circuit breaker, a well know trading tool that monitors the markets constantly and are triggered upon >=40% price swing. Once triggered, the breaker disables the market immediately,” Crypterium said in the post. The CRPT team also…

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