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Sunday 12 July 2026 06:56:06 GMT
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July 11th, 2026 🗞️ Another Crypto Exchange Goes DOWN w/Losses of $50-$500M 😢 Is Your XRP Safe?   This is an absolute nightmare. On July 1st, 2016 AscendEX completely halted operations, leaving thousands of investors completely locked out of their accounts. Unofficial estimates are projecting massive losses between $50 million and $500 million.   If you look at the updates on their official site, they can’t even guarantee the timing or the amount of funds that will ever be recovered. If you have been impacted by this disaster, drop a comment below and share exactly what happened to your portfolio.   How many times do we have to say it? Keeping your digital assets—especially your XRP—sitting on a centralized exchange means you don't actually own it. I use Kraken to execute my buys, but I immediately route my assets out of there. Split your holdings between cold storage wallets and premier custody like Caleb & Brown.   If writing down seed phrases scares you, check out the Tangem ring wallet. It works with the simplicity of Apple Pay while keeping you in total control of your private keys. Secure your assets today using the link in my bio for a custom discount and free shipping. Protect your stack before the exchange liquidity evaporates completely.   Disclaimer: Not financial or investment advice. Internal data metrics and news aggregates are shared for educational and entertainment purposes only. Always conduct your own research.   #XRP #CryptoNews #AscendEX #ColdStorage #TangemWallet@Jesse Hogbin
July 11th, 2026 🗞️ Another Crypto Exchange Goes DOWN w/Losses of $50-$500M 😢 Is Your XRP Safe?  This is an absolute nightmare. On July 1st, 2016 AscendEX completely halted operations, leaving thousands of investors completely locked out of their accounts. Unofficial estimates are projecting massive losses between $50 million and $500 million.  If you look at the updates on their official site, they can’t even guarantee the timing or the amount of funds that will ever be recovered. If you have been impacted by this disaster, drop a comment below and share exactly what happened to your portfolio.  How many times do we have to say it? Keeping your digital assets—especially your XRP—sitting on a centralized exchange means you don't actually own it. I use Kraken to execute my buys, but I immediately route my assets out of there. Split your holdings between cold storage wallets and premier custody like Caleb & Brown.  If writing down seed phrases scares you, check out the Tangem ring wallet. It works with the simplicity of Apple Pay while keeping you in total control of your private keys. Secure your assets today using the link in my bio for a custom discount and free shipping. Protect your stack before the exchange liquidity evaporates completely.  Disclaimer: Not financial or investment advice. Internal data metrics and news aggregates are shared for educational and entertainment purposes only. Always conduct your own research.  #XRP #CryptoNews #AscendEX #ColdStorage #TangemWallet@Jesse Hogbin

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