![]() ![]() and to bring together all the existing projects, which are currently working separately, together all under one new brand thus enabling them to be used in conjunction with one another. The basic ethos of SubSudio is to build a decentralised internet for user privacy, freedom of speech and non-censorship. "1st exchange and blockchain business setup in Moldova 2017" The official partner exchange to trade SubSudio tokens is the CiviliXation exchange. This very effectively renders ALL old SUBS that are sat on DEEX and AltsBit worthless so that they can continue with their grand launch on the 22nd February as planned without those two massive nooses hanging over their heads. ![]() So, time really being of the essence, last week SubSudio took the executive decision to set up a brand-new smart contract for SUBS and the new contract address is: 0xD7D7e034b5a9037A88659F734Bc216e7DF56e6FD. If SubSudio would have initiated an ICO it would be realistically finished now before it even got started. This also has the negative effect of spreading FUD amongst their community and instils mistrust with their users and token holders.įortunately for SubSudio, as a start-up, it has been self-financed and thus avoided doing an ICO, regardless of many approaches with offers of priority listings on exchanges and other ICO offers. SubSudio could spend a year, or maybe two, building SubSudio up into the massive global business which they plan to do, and then literally have it completely wiped out overnight with 600k or 500k worth of SUBS dumped on the market, which seems to happen far too commonly nowadays with small crypto exchanges, who then simply put their projects into meltdown and take none of the actual responsibility themselves. When they did finally respond they merely speculated that the issue was with something to do with the Ethereum network itself and that was why users couldn’t withdraw their tokens. As if that wasn’t already a big enough of a challenge on its own, another 500,000 of SubSudio’s tokens are sat on the ‘DEEX Exchange’ and who haven’t honoured SubSudio’s withdrawal request since October 2019, with zero response from their operators. $52.64 a token, as per the last trade executed there, that's a $30+ million liability prior to the SubSudio grand launch on the 22nd. Over 600,000 SUBS tokens are on the AltSBit exchange. Getting SUBS listed on several exchanges has been costly to them in respects of both time and finances to get it listed, with two exchanges now posing large risks to the launch. SubSudio could have potentially failed before even starting due to the issues on two exchanges where its native ERC utility token SUBS is listed. SubSudio start-up is due to launch on the 22nd of February 2020 after nearly 2 years in development and watching the blockchain sphere growth and acceptance into the global marketplace. this is yet another in a long line of “hacks” which could be genuine or, more likely to be, exit strategies as we have witnessed all too often lately. CryptoCurrency exchanges, regardless of them being centralised or decentralised, all have weaknesses beyond technology and are prone to human intervention.ĬHISINAU, CHISINAU, MOLDOVA, Febru/ / - SubSudio, just like many other thousands of crypto start-ups, are all compelled to list on as many exchanges as possible, regardless of the size of their trading volumes or security weaknesses, in order for them to start expanding their communities.ĬryptoCurrency exchange ‘AltsBit’ got "hacked" recently. ![]()
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