⚠️Hotbit Will Merge the Shares of Leveraged ETF Products LDO1D5S and CFX1D5S on May 16th, 2023
Dear respected users, Since the net value of leveraged ETF products LDO1D5S and CFX1D5S are lower than 0.1 USDT, which triggers the Share Merging Mechanism. As such, Hotbit will merge the shares of LDO1D5S and CFX1D5S at 08:30 AM UTC on May 16th, 2023.
Because the price will increase by 10X after the merger, the number of users' existing assets will be multiplied by 0.1, meanwhile, the 10 shares of LDO1D5S and CFX1D5S will be merged into 1 share, consequently, the net value per share will be up 10 times and user's holding amount will be down to 1/10. In this connection, the user’s total assets will stay the same after the merging.
The net value conversion is based on the net balance at the time of the merger.
⚠️Hotbit Will Merge the Shares of Leveraged ETF Products LDO1D5S and CFX1D5S on May 16th, 2023
Dear respected users, Since the net value of leveraged ETF products LDO1D5S and CFX1D5S are lower than 0.1 USDT, which triggers the Share Merging Mechanism. As such, Hotbit will merge the shares of LDO1D5S and CFX1D5S at 08:30 AM UTC on May 16th, 2023.
Because the price will increase by 10X after the merger, the number of users' existing assets will be multiplied by 0.1, meanwhile, the 10 shares of LDO1D5S and CFX1D5S will be merged into 1 share, consequently, the net value per share will be up 10 times and user's holding amount will be down to 1/10. In this connection, the user’s total assets will stay the same after the merging.
The net value conversion is based on the net balance at the time of the merger.
Such instructions could actually endanger people — citizens receive air strike warnings via smartphone alerts. Ukrainian President Volodymyr Zelensky said in a video message on Tuesday that Ukrainian forces "destroy the invaders wherever we can." The fake Zelenskiy account reached 20,000 followers on Telegram before it was shut down, a remedial action that experts say is all too rare. Some people used the platform to organize ahead of the storming of the U.S. Capitol in January 2021, and last month Senator Mark Warner sent a letter to Durov urging him to curb Russian information operations on Telegram. On February 27th, Durov posted that Channels were becoming a source of unverified information and that the company lacks the ability to check on their veracity. He urged users to be mistrustful of the things shared on Channels, and initially threatened to block the feature in the countries involved for the length of the war, saying that he didn’t want Telegram to be used to aggravate conflict or incite ethnic hatred. He did, however, walk back this plan when it became clear that they had also become a vital communications tool for Ukrainian officials and citizens to help coordinate their resistance and evacuations.
from cn
