1 year ago
The Nigerian cryptocurrency speech level Bitmama precocious said it has temporarily suspended deposits owed to “ongoing third-party maintenance.” Bitmama said that portion earlier media reports astir its suspension of deposits are correct, they nevertheless “lack context,” and whitethorn person confused users.
Securing User Funds
The Nigerian cryptocurrency speech platform, Bitmama, precocious announced that it has temporarily halted deposits owed to “ongoing third-party maintenance.” The crypto speech clarified that the determination to halt deposits is not an denotation of fiscal instability but “an industry-standard precautionary measure” taken to support idiosyncratic funds.
Bitmama suggested that portion earlier media reports astir its suspension of deposits are correct, they nevertheless “lack context,” and whitethorn person confused users. In its Dec. 15 connection shared via X, Bitmama elaborate its committedness to users and the adjacent steps, saying:
Ensuring the information of your funds is our apical priority. We apologize for immoderate disorder caused by caller media reports. We are actively moving to expedite attraction for a swift instrumentality to mean deposit functionality.
The crypto speech besides urged journalists who person reported connected the deposit halt to stress to their audiences the steps Bitmama is taking to support idiosyncratic funds.
Dear Bitmama community, our attraction has been drawn to reports making the rounds astir our caller deposit suspension.
Please spot our authoritative statements for due discourse and updates regarding the situation. #Bitmama pic.twitter.com/ghmsxknBXX
— ₿itmama.eth (@bitmamaexchange) December 15, 2023
Meanwhile, Thelma Okonwa, the crypto exchange’s Marketing Lead, has been quoted successful 1 study stating that nary idiosyncratic funds are trapped. Another report, however, suggested that immoderate Bitmama users person been experiencing problems with the deposit functionality since arsenic acold backmost arsenic November 25.
Some of the affected users person since expressed their disgruntlement with the mode Bitmama is handling the issue. For instance, 1 X idiosyncratic said Bitmama should person been much forthcoming astir what has been happening. Another idiosyncratic has questioned the magnitude of clip the crypto speech is taking to lick the issue.
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