
Gravity, a Bitcoin SV-centric cryptocurrency exchange, has suspended both BSV deposits and withdrawals, according to its recent Twiter announcement.
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Trading has also been halted until further notice.
The exchange explains that the suspension was caused by liquidity providers blocking access to the coin’s liquidity.
URGENT NOTICE: Our liquidity providers have just informed us that, due to several large exchanges disabling BSV deposits & withdrawals, they are also suspending access to BSV liquidity until further notice. 1/3
— Gravity (@GravityEco) July 13, 2021XRP Already Recovered 20%, Enormous Ethereum (ETH) Selling Volume Before $2,000, Sixth Shiba Inu (SHIB) Recovery Attempt: Another Crash?Bitcoin Predicted to Outperform Gold in 2025 by Tom LeeLegendary Trader Bollinger on XRP: 'Will It Become New Leader'?Bitcoin Surges to $85K as Inflation Expectations Skyrocket
The users’ funds won’t be affected by the liquidity issue, according to Gravity.
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In a blog post, Bitcoin SV's Bitcoin Association claims that it advised trading platforms to freeze deposits in order to prevent the bad actor from double-spending coins.
The organization intends to cooperate with law enforcement authorities to investigate the attack and take legal action against those who carried it out.