eXch to shut down

[Mr. Magkaisa]

they obviously used the hack on bybit to finally do what they all wanted to do back then which is shut down many platforms as much as they could and now they were given a reason to do that the community knew this would happen and we are right that they are being more strict and there could be unjustifiably shutting down of many platforms

Its really shocking because the exchange was smooth and the team was perfect, and as of now, when I read their last post, I mean 50 BTC, that's insane, they have big hearts. I wonder if Satoshi has to do something with this project, haha BTW, I don't think the authorities forced them, as you sound. They made it clear they don't want to harm the innocent people of forum, which is really amazing.

I mean, many platforms have been seized before, and people got their money stuck forever, only this time, people won't lose money, I guess. I wonder what the next management will bring. Best of luck to them, and I hope these illicit actors will stop someday using a brilliant technology for bad purposes.

       -     I was surprised by this news, this platform has been providing good service to their consumers who trusted them for several years. It is not really a measure of the length of time they have been providing service to their customers.

There will definitely come a time when a business will suddenly close down unexpectedly, maybe because of the intensity of the competitions or maybe they have not reached the target volume that the platform should have received, so it has ended up like that. What do you think?

[DYING_S0UL]

This is really unfortunate to see them shut down. There were (still are) one of the best non kyc exchange in the market!

Farewell eXch, and the team. I wish them best of luck for whatever project they support! They would be surely missed by a lot of people!

There will definitely come a time when a business will suddenly close down unexpectedly, maybe because of the intensity of the competitions or maybe they have not reached the target volume that the platform should have received, so it has ended up like that. What do you think?

For eXch it was because of legal and intelligence pressure.

[Faisal2202]

I am seeing this service, which has been providing its signature service since the beginning days when I used to post on Bitcointalk, and now, in my point of view, saying goodbye to that last good service is hard for its members who are earning the best pay rewards from this campaign.

Well, I think it is the last non-gambling campaign after mixers that is providing its signature on the BitcoinTalk till May 1st. And, after that day, only gambling campaigns will be left on BTT, according to my knowledge. Am I right?

You are right, it was the only non-gabbing campaign after mixers that lasted this long and was really long term project and you know this just by seeing the team's words. Although there is another non gamlbing campaign by icp named as peach bitcoin, but they don't pay everyone, don't know the details as never applied or heard about it like in terms of Open for applicants, so don't know the acceptance procedure of it.

I am also waiting for non gambling campaign on BTT and I really hoped in 2026 Theymos will lift the ban but seeing this I don't think things will get to normal anytime soon.

[salad daging]

I am seeing this service, which has been providing its signature service since the beginning days when I used to post on Bitcointalk, and now, in my point of view, saying goodbye to that last good service is hard for its members who are earning the best pay rewards from this campaign.

Well, I think it is the last non-gambling campaign after mixers that is providing its signature on the BitcoinTalk till May 1st. And, after that day, only gambling campaigns will be left on BTT, according to my knowledge. Am I right?

You are right, it was the only non-gabbing campaign after mixers that lasted this long and was really long term project and you know this just by seeing the team's words. Although there is another non gamlbing campaign by icp named as peach bitcoin, but they don't pay everyone, don't know the details as never applied or heard about it like in terms of Open for applicants, so don't know the acceptance procedure of it.

I am also waiting for non gambling campaign on BTT and I really hoped in 2026 Theymos will lift the ban but seeing this I don't think things will get to normal anytime soon.

Peach bitcoin is a voluntary campaign so you can sign up and be accepted immediately, but if I'm not mistaken in this campaign whoever is the best poster will get a bonus.

Hopefully this is good news so that theymos will lift the ban again, but this also depends on how friendly the US government is to this service, if it gets more complicated then it is likely that theymos will not lift it.

[Cryptsafe]

It is unfortunate that they would have to shut down this way, as it was not their fault that the Lazarus group used their platform to transact stolen assets. They had no idea, and I believe if you ask them too they would say the same but fate just held them ransom this way and they had to give up their position in the industry but I believe they would bounce back and in another form so that the government do not come after them again.

[Lucius]

I am seeing this service, which has been providing its signature service since the beginning days when I used to post on Bitcointalk, and now, in my point of view, saying goodbye to that last good service is hard for its members who are earning the best pay rewards from this campaign.

There are sig campaigns that have a higher pay rate, but people who had an eXch signature didn't do it exclusively for the reward.

Well, I think it is the last non-gambling campaign after mixers that is providing its signature on the BitcoinTalk till May 1st. And, after that day, only gambling campaigns will be left on BTT, according to my knowledge. Am I right?

I think you are right, all sig campaigns that pay in BTC are now exclusively gambling sites. In my opinion, it's not the best for that forum, because most of those campaigns either ask for a certain number of weekly posts in Gambling boards or suggest it in some way.

[Findingnemo]

The room for privacy is getting thinner day by day, it's so unfortunate that they have to shut down after doing very good job in building their reputation, especially on bitcointalk. I guess we still have few of that kind but their future will be uncertain because they are not big as exch and might be the next prey for the regulators in real soon.

[snowpega]

You are right, it was the only non-gabbing campaign after mixers that lasted this long and was really long term project and you know this just by seeing the team's words. Although there is another non gamlbing campaign by icp named as peach bitcoin, but they don't pay everyone, don't know the details as never applied or heard about it like in terms of Open for applicants, so don't know the acceptance procedure of it.

This campaign is voluntary and pays nothing; it is there just to get support, and it's all up to you. Like, if your signature space is free, you can put on peach campaign signature until you are not into any paid signature campaign, and I have been part of two voluntary campaigns, Peach and Bitlst, and both campaigns manager is the same, and I am still putting on a Bitlist signature on my BTT profile.

I am also waiting for non gambling campaign on BTT and I really hoped in 2026 Theymos will lift the ban but seeing this I don't think things will get to normal anytime soon.

Well, honestly, let's see how things will be in the next year on BTT, as I am also the one who is waiting for non-gambling projects on BTT, and I am seeing that there are a lot of gambling signature projects that are providing their signature service on BTT, and there is not even one non-gambling project there on BTT. Well, dear, if you remember, there was a wallet campaign on BTT with the name of Wasabi Wallet Signature Campaign on BTT." Do you have any idea why this campaign stopped providing its service?

[Faisal2202]

Peach bitcoin is a voluntary campaign so you can sign up and be accepted immediately, but if I'm not mistaken in this campaign whoever is the best poster will get a bonus.

Hopefully this is good news so that theymos will lift the ban again, but this also depends on how friendly the US government is to this service, if it gets more complicated then it is likely that theymos will not lift it.

Oh that (about good poster) I did not knew, well I never applied for it, as now on BTT I am free as not in any campaign I might give it some try to see if I am good poster in sight of Icopress or not, it is a good thing.

Speaking of lift, all eyes are on it, we all want it to be lifted this will open new doors for many projects and they can grow, in the recent days, many good projects came into being but I wonder why they stopped advertising, their concept was so awesome. Anyway, all we can do is pray.

[salad daging]

The room for privacy is getting thinner day by day, it's so unfortunate that they have to shut down after doing very good job in building their reputation, especially on bitcointalk. I guess we still have few of that kind but their future will be uncertain because they are not big as exch and might be the next prey for the regulators in real soon.

That's reality! Privacy is dwindling as governments keep trying to dismantle platforms with privacy services making it harder for us to be anonymous.
Building a reputation is not easy, but this has happened and has fallen prey to the regulators and if there are platforms like this in the future then I'm afraid the regulators will crack down again.

[KryptoBull]

It is unfortunate that they would have to shut down this way, as it was not their fault that the Lazarus group used their platform to transact stolen assets. They had no idea, and I believe if you ask them too they would say the same but fate just held them ransom this way and they had to give up their position in the industry but I believe they would bounce back and in another form so that the government do not come after them again.

I'm not exactly sure what pressures eXch is facing that led them to cease operations, but it seems like everything stems from their actions when they were exploited by hackers in the Bybit incident. eXch chose to remain neutral and didn't intervene, which led to them being seen as accomplices and enablers of the hackers.

I'm not saying eXch's actions were wrong, but it's quite risky for the fate of these CEXs. Governments don't want this to happen again, CEXs that don't implement KYC will be in the crosshairs of regulations. Anonymity is no longer as prioritized as transparency and cooperation!

[snowpega]

I think you are right, all sig campaigns that pay in BTC are now exclusively gambling sites. In my opinion, it's not the best for that forum, because most of those campaigns either ask for a certain number of weekly posts in Gambling boards or suggest it in some way.

Yes, mate, I also believe that there should be multiple niches of projects on the BTT platform. I know that there are a lot of gambling projects providing their signature services on BitcoinTalk, but I have never been part of any of them, and I have never applied for them, even though I also knew that there are many slots that are available in different gambling campaigns on majority days.

Well, everyone has their own preference being a part of any project, and in my case, I avoid joining gambling projects as possible as I can avoid them. Just a random question from you mate, have you ever join a gambling signature campaign?

[Lucius]

~snip~
Well, everyone has their own preference being a part of any project, and in my case, I avoid joining gambling projects as possible as I can avoid them. Just a random question from you mate, have you ever join a gambling signature campaign?

I'm not a gambler, but I've been pretty serious about sports betting in the past, so I somewhat understand people's need to "have fun" in that way. I also understand that gambling is a big problem for some people in the form of addiction, but people should simply see it as entertainment, not as a business where the goal is only to profit.

I was a member of several such campaigns, and I'm currently participating in one, although I've always preferred to promote other things - unfortunately there are no more of them on BTT (for now).

[Faisal2202]

This campaign is voluntary and pays nothing; it is there just to get support, and it's all up to you. Like, if your signature space is free, you can put on peach campaign signature until you are not into any paid signature campaign, and I have been part of two voluntary campaigns, Peach and Bitlst, and both campaigns manager is the same, and I am still putting on a Bitlist signature on my BTT profile.

No it do pays If you will check the Bitcoin signature observer thread on bitcointalk, you will see this signature is listed there as in paid list and it pays $4 per post even as the salad dagging said before, the campaign is voluntary, but it do pay.

Well, honestly, let's see how things will be in the next year on BTT, as I am also the one who is waiting for non-gambling projects on BTT, and I am seeing that there are a lot of gambling signature projects that are providing their signature service on BTT, and there is not even one non-gambling project there on BTT. Well, dear, if you remember, there was a wallet campaign on BTT with the name of Wasabi Wallet Signature Campaign on BTT." Do you have any idea why this campaign stopped providing its service?

Nah I don't have any idea about it, maybe because they had some similarity with coinjoin or mixer feature, but I don't know for sure, you have to look for yourself, I did read about it but now I can't remember.

[NotATether]

It is unfortunate that they would have to shut down this way, as it was not their fault that the Lazarus group used their platform to transact stolen assets. They had no idea, and I believe if you ask them too they would say the same but fate just held them ransom this way and they had to give up their position in the industry but I believe they would bounce back and in another form so that the government do not come after them again.

The team said they are not interested in running the exchange, which I will take to mean that they are similarly disinterested in running any future exchange.

This is not the case if some site getting seized by feds and the administrators create a new site.

It will have to be a different service, ran by different people who will do this.