Bittrex to Move BTC Assets Among Cold Wallets

Bittrex team tries to assure users that everything's okay
11 January 2019   373

The American cryptocurrency exchange Bittrex announced that the platform is in the process of reorganizing the system of cold storage of crypto assets, as a result of which the assets are moved among the wallets.

Update: We are in the process of reorganizing and expanding our cold storage, resulting in moving funds between our cold wallets. There is no need to be worried.
 

Bittrex Twitter

Additionally, trading floor reported that Pabled Paxos (PAX) can be traded on Bittrex against fiat currencies.

Also, Bittrex noted that from January 17, it will be possible to buy and sell Digibyte (DGB) coins for fiat money.

We Have No North Korean Users, - Bittrex

New York regulator have had identify two Bittrex users as North Koreans, but exchange says NYDFS was mistaken
23 April 2019   116

Bittrex Cryptocurrency Exchange this Monday reported that the regulator was wrong when it recognized its two users as North Korean citizens.

Bittrex analyzed two accounts that, according to the New York Department of Financial Services, should not have access to the American trading platform, and concluded that they already came into her field of vision during an investigation in October 2017.

South Korean residents mistakenly selected North Korea in our country dropdown menu, but we determined through country identifictation, physical and IP addresses that ALL were from South Korea.
 

Bittrex Team

Earlier, a representative of the regulator in a conversation with CoinDesk said that during the audit of Bittrex accounts this year, they identified two users from North Korea.

More may exist. At least one North Korean account was active into 2017. [along with two accounts in another sanctioned country, Iran, that were active during this year’s examination].
 

Shirin Emami

Executive deputy superintendent for banking, NYDFS

Access of such users to the exchange was one of the reasons for the refusal of Bittrex to issue a license to serve New Yorkers. The company did not agree with the charges brought against it.