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Xunlei announced the discontinuation of LinkToken pocket transfe
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Date：2024-05-01 18:34:46 Channel：Build Read：
Xunlei recently announced that it would stop the LinkToken Pocket transfer service. This decision has triggered attention and discussion on digital currency payments from all walks of life. As an emerging payment method, digital currency payment is gradually changing people's consumption habits and financial landscape. This article will conduct an in-depth discussion on Xunlei’s suspension of LinkToken’s pocket transfer service, and analyze the current status, development trends and impact of digital currency payments on the social economy.In today's digital era, digital currency payment has become an indispensable part of people's daily lives. As a well-known Internet company, Xunlei’s move to stop the LinkToken pocket transfer service has undoubtedly attracted widespread attention. This move not only means Xunlei’s adjustment in the field of digital currency, but also reflects the importance of digital currency payment in the field of financial technology. With the popularity of digital currency payments, people are increasingly accustomed to paying via mobile phones or electronic wallets instead of traditional cash transactions.The rapid development of digital currency payment is inseparable from the promotion of technological innovation. With the continuous maturity and application of blockchain technology, the security and convenience of digital currency payments have been greatly improved. Digital currencies represented by Bitcoin, Ethereum, etc. are gradually entering people's lives. Globally, more and more merchants are beginning to accept digital currency payments, which also provides more possibilities for the circulation and use of digital currencies.However, digital currency payments also face some challenges and controversies. On the one hand, due to the large price fluctuations of digital currencies, there are certain investment risks, which makes some people less accepting of digital currencies. On the other hand, the regulatory and legal issues of digital currency payments have also attracted much attention. In some countries and regions, regulatory policies for digital currency payments are unclear, and there are regulatory loopholes and legal risks.Xunlei’s suspension of LinkToken’s pocket transfer service has undoubtedly caused a certain shock to the digital currency payment market. This move may affect users' trust in digital currency payments and may also trigger more discussions about the security and reliability of digital currency payments. For the digital currency payment industry, Xunlei’s decision will be an important event and will also promote the healthier development of the digital currency payment industry.To sum up, digital currency payment, as an emerging payment method, is changing people's lifestyles and consumption concepts at an unprecedented speed. Xunlei's discontinuation of LinkToken's pocket transfer service is just a microcosm of the development of the digital currency payment field. In the future, digital currency payment will continue to flourish and become an important part of the financial technology field. We expect digital currency payments to be better integrated into people’s lives and bring more convenience and opportunities to social and economic development.The four most famous international exchanges:
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Huobi INTL
China Line APP DL China Line APP DL
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On January 12, the Mutual Finance Association issued “Risk Tips on Preventing Disguised ICO Activities” on its official website, naming Xunlei’s LinkToken project. The Mutual Finance Association stated that Xunlei has gradually completed the liquidation of ICO projects in various places, represented by the issuance of Xunlei's "LinkToken" (formerly known as "Wanke Coin"), a technology called "Issuance of Virtual Digital Assets with Mining Machines as the Core" ( IMO) model is worthy of vigilance and contains hidden risks.
According to news on January 16, Xunlei announced today that its blockchain product LinkToken will no longer support the function of transfers between users outside the application scenarios developed by Xunlei and Xunlei partners.
The announcement stated that Xunlei will officially release a new version of LinkToken Pocket on the AppStore and official website on January 25. This version will not support transfers between users except for application scenarios developed by Xunlei and Xunlei partners. On January 31, Xunlei will complete the comprehensive upgrade of LinkTouch Pocket in mainland China to the new version.
The following is the full text of Xunlei’s announcement:
Notice on stopping the LinkToken Pocket transfer service
Xunlei is very grateful for the supervision advice from the China Internet Finance Association. Since the launch of Wanke Cloud business, Xunlei has been committed to protecting the rights and interests of users and curbing speculation. The risk warning from the association has made us further think about how to better protect users and eliminate speculation. After many discussions and trade-offs, Xunlei decided to take The following rectification plans.
Outside the application scenarios developed by Xunlei and Xunlei partners, Xunlei will no longer support the function of transfers between users. Specific measures are as follows:
Xunlei will officially release a new version of LinkToken Pocket on the AppStore and official website on January 25. This version will not support transfers between users except for application scenarios developed by Xunlei and Xunlei partners. Users are requested to transfer the LinkToken stored on the trading platform back to their personal LinkToken pockets from now until January 25th to avoid the loss of personal assets. On January 31, Xunlei will complete the comprehensive upgrade of LinkTouch Pocket in mainland China to the new version.
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