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Xunlei announced the discontinuation of LinkToken pocket transfe
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Date：2024-04-20 18:45:04 Channel：Trade Read：
Xunlei recently announced that it would stop the LinkToken pocket transfer service. This news caused quite a stir in the digital currency field. This decision will undoubtedly have a profound impact on the digital currency payment market. Let’s delve into the reasons behind this incident and its possible impacts.As a well-known Internet company, Xunlei’s LinkToken Pocket was once a dark horse in the field of digital currency payment and attracted much attention. However, the sudden decision to stop the transfer service makes people wonder: Where will the future of digital currency payments go?In this era of information explosion, digital currency payment is gradually becoming more popular, but with it, issues such as security and supervision are also becoming increasingly prominent. Xunlei’s move may be to better consider user interests and legal compliance, but it also reflects the many challenges and dilemmas in the digital currency payment market.From a technical perspective, the development of digital currency payments is inseparable from safe and efficient transfer services. Does Xunlei’s discontinuation of LinkToken’s pocket transfer service mean that the digital currency payment market has put forward higher requirements for service quality and security? This has also sounded the alarm to other digital currency payment platforms, which need to continuously innovate and improve service levels to win the trust and recognition of users.In addition to the technical level, regulatory policies are also a key factor in the development of the digital currency payment market. As regulation continues to increase, the digital currency payment market is also constantly changing. Xunlei’s suspension of LinkToken’s pocket transfer service may also be related to regulatory policy adjustments. In this case, digital currency payment platforms need to be more proactive in adapting to changes in regulatory policies, doing a good job in compliance, and ensuring the stability and sustainability of services.On the other hand, user experience is also an aspect that digital currency payment platforms need to pay attention to. As user needs continue to change, digital currency payment platforms need to continuously optimize services and improve user experience to retain existing users and attract more new users. Xunlei stopped the LinkToken pocket transfer service, perhaps out of consideration for user experience, hoping to better meet user needs by adjusting services.In such a fiercely competitive situation in the digital currency payment market, Xunlei’s decision will undoubtedly trigger profound thinking in the industry. Digital currency payment platforms need to continuously optimize their services and adapt to market changes in order to remain invincible in the fierce competition.To sum up, Xunlei’s announcement to stop the LinkToken pocket transfer service is not only a piece of news, but also a microcosm of the development of the digital currency payment market. The future of digital currency payments is full of challenges, but also opportunities. Only by continuously innovating and adapting to market changes can digital currency payment platforms stand out in future competition. It is hoped that the digital currency payment market will develop steadily in the future and provide users with a more convenient and secure payment experience.The four most famous international exchanges:
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On January 12, the Mutual Finance Association released “Risk Tips on Preventing Disguised ICO Activities” on its official website, which named 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 "Wankebi"), a technology called "Issue 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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