Altcoin News Official TheBitTimes.com

Cross-chain services are suspended for Kekchain, PublicMint, Dyno Chain, Red Light Chain, Dexit, Ekta, HPB, ONUS, Omax, Findora, and Planq. Cross- chain protocol Multi chain revealed on May 31 that its team has been unable to contact its CEO, Zhaojun, fueling rumors that the protocol's leadership may have been arrested in China amid ongoing technical issues.  "The team has done everything possible to maintain the protocol running, but we are currently unable to contact CEO Zhaojun and obtain the necessary server access for maintenance," noted a Twitter thread. As reported by Cointelegraph, the protocol has experienced technical problems over the past week, with transactions delayed across multiple cross-chain bridges without a clear explanation. In the past two days, the Multichain protocol has experienced multiple issues due to unforeseeable circumstances. The team has done everything possible to maintain the protocol running, but we are currently unable to contact CE...

SpankChain was forced to close its crypto payment processor after the hunt for a new adult-industry-friendly service provider yielded no results. Ethereum-based adult entertainment platform SpankChain is shuttering its crypto payment processor, SpankPay, after losing its payment service provider Wyre in February and failing to find a new one.  In February, SpankPay revealed that its previous provider — crypto payment platform Wyre — had terminated its agreement to provide payment services to SpankPay, referring to "violations of any third-party payment processor or network rules." After a long and difficult consideration, we have decided to close down SpankPay, our crypto payment processor that we built as a safe haven for our community. Rest assured your money is safe and we’ll get it to you as soon as possible. — SpankPay (@SpankPay) March 20, 2023 In a March 20 post, SpankPay said this was a “targeted shutdown” by Wyre because their new payment processor “doesn’t wor...