Dear Coinchase Community:
Recently, after investigation, it was found that at the 11:45 pm on June 30, at the cashierest.com
exchange, the phenomenon of buying and selling CCH at a low price of 0.01 KWR appeared. This incident caused CCH prices to fall, which damaged the assets of the Coinchase users. We apologize for this!
In response to the above phenomenon, Coinchase team contacted the cashierest.com exchange at the first time and cooperated with the assistance investigation. The current incident is still under investigation. Coinchase team will continue to focus on developments and retain the right to pursue legal liability for acts that maliciously undermine market prices.
Regarding this emergency, in order to protect the interests of investors, Coinchase team will take the following measures:
1. Coinchase will open price protection and share dividends with users to promote the sustainable and stable development of the project.
2. Coinchase will increase CCH Savings interest, the Savings function has been finalized, will be open soon, the specific opening time will be notified in advance.
3. Coinchase is developing the Loan function of CCH to provide users with efficient and convenient digital asset management. The Loan function will be opened in the near future, and the specific time will be subject to the announcement.
4. Coinchase team members and investors decided that the team's token lock period will be extended by 2 years.
5. Coinchase will open the membership system, achieve mutual benefit and sustainable development with users, provide the best quality service for Coinchase members, and protect the interests of members.
Finally, Coinchase team is also committed to this, we have the courage and perseverance to take responsibility, to protect the interests of users is our goal, in the following time, we will take more active market behavior, we have the confidence to make CCH rose, alleviating the selling pressure in the secondary market and creating a win-win situation. We are very determined, and we have the confidence and ability to bring long-term and substantial benefits to our currency users.