Liqui.io was a cryptocurrency exchange that launched in the second half of 2016, developed by a group of Ukrainian entrepreneurs. The exchange was managed by a team of seven individuals, most of whom worked remotely from various locations, including Russia, the USA, and Armenia. The main office of Liqui was situated in Kiev, the capital of Ukraine. In 2017, Liqui faced a significant setback when it experienced a hacker attack, resulting in the theft of funds from customer accounts. This incident severely impacted the company's reputation and trust within the cryptocurrency community. Despite its initial promise, Liqui struggled with liquidity issues and ultimately ceased operations in January 2019. In a public announcement, the company expressed regret over its decision to shut down, citing insufficient trading volume as the primary reason. The exchange had previously delisted several cryptocurrencies, which may have contributed to its declining user base and trading activity. In their farewell message to users, Liqui emphasized the challenges of maintaining liquidity and the economic viability of their services. They encouraged users to withdraw their digital assets within a specified timeframe and expressed hope for a potential return in the future, depending on market conditions.
Liqui.io was a cryptocurrency exchange that launched in the second half of 2016, developed by a group of Ukrainian entrepreneurs. The exchange was managed by a team of seven individuals, most of whom worked remotely from various locations, including Russia, the USA, and Armenia. The main office of Liqui was situated in Kiev, the capital of Ukraine. In 2017, Liqui faced a significant setback when it experienced a hacker attack, resulting in the theft of funds from customer accounts. This incident severely impacted the company's reputation and trust within the cryptocurrency community. Despite...