ChainCatcher news, cryptocurrency exchange BitForex announced that its official website will go live on July 24, 2024, at 20:00 (GMT+8) and will open for withdrawal applications.It is reported that the exchange has been out of operation since February this year. Users have been unable to withdraw funds and access the website, leading to a warning from the Hong Kong Securities and Futures Commission (SFC) in March. Last weekend, BitForex stated that it will reopen withdrawal services after being out of operation for 5 months.

ChainCatcher news, a document released by Bloomberg analyst James Seyffart shows that Global X has officially submitted to withdraw its Bitcoin ETF (Global X Bitcoin Trust) application.In response, the analyst stated: "This is not surprising, as we first learned of their exit from the competition in early December, but now it is an official withdrawal."