Bittrex banned accounts due to security reasons

According to official statement of Bittrex cryptocurrency exchange, less than 0.1% of accounts were banned due to security reasons
19 October 2017   1098

The Bittrex has blocked 0.1% of the total number of user accounts for the the security check. This is said in the official statement of the exchange.

According to the Bittrex administration, the verification procedure is one of the planned activities of the platform and is designed to ensure the security of the services of the exchange and its users.

As part of a compliance review, we have temporarily suspended certain accounts pending the completion of the review. The total number of suspended, closed, or banned accounts is very limited: less than 0.1% of the total accounts on Bittrex.  More than 99.9% of Bittrex accounts are unaffected.
 

Bittrex team

Also, Bittrex denied the charges of overcharging commission fees and loss of user coins.

Any reports that Bittrex miscalculated or misapplied its exchange fees, that there is a security problem with the exchange, that Bittrex lost any coins stored on users’ behalf, or that Bittrex is banning people trying to access Slack to discuss the status of their accounts are incorrect.  We are committed to making Bittrex a strong, safe, and compliant exchange where people can securely participate in the digital currency economy. We ask for patience from our highly valued customers.
 

Bittrex team

Earlier, some users of the Bittrex exchange complained that they can not access their accounts, and the technical support of the exchange did not give any explanation on this matter. 

Statement is available at official website of exchange.

Bittrex to List LOOM

LOOM is the token of the American startup Loom Network, which launches decentralized applications
18 July 2018   196

Popular cryptocurrency exchange Bittrex listed Loom Network token LOOM. 

As the team of the exchange said, trading with the crypto currency will begin in the near future. On the background of this news, LOOM showed a price jump fo 14%.

LOOM Price Chart
LOOM Price Chart

LOOM is the token of the American startup Loom Network, which is launching decentralized applications.

In January, Bittrex tightened the criteria for listing new tokens. Now, developers need to provide technical information about the token itself, as well as the data of at least one team member. At the moment, the exchange has 290 digital coins.