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coinup

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CoinUp responds to recent market rumors: Zhu Pan is not the operator of the platform, and the volatility of CPX mainly comes from concentrated selling pressure in the market

According to official news from CoinUp, regarding recent market discussions about CoinUp and CPX, CoinUp stated that Zhu Pan is not the operator of the CoinUp platform and does not participate in the core operations of the platform; his role is solely as a project party for a project launched on the CoinUp platform.CoinUp also expressed gratitude to users, the community, and the media for their attention and supervision of CPX. In response to the recent significant short-term price fluctuations of the CPX/USDT trading pair, the platform previously announced that this fluctuation was mainly due to concentrated selling pressure from the market, and the specific reasons are currently under further investigation and verification, with updates to be provided in a timely manner based on the progress of the investigation.CoinUp emphasized that after a comprehensive security check of the platform, it has not suffered from hacker attacks, data breaches, or system vulnerabilities; the wallet system, account system, and asset custody are all in a secure and controllable state. The platform's recharge, withdrawal, and trading functions are operating normally, user assets are secure, and account data is complete, with no reported losses of user assets.CoinUp stated that it will continue to improve its risk control monitoring mechanisms, maintain market trading order, and advise users to rely on official channel information, view market fluctuations rationally, and pay attention to controlling trading risks.

Golden Elephant has signed a strategic cooperation agreement with CoinUp.io, planning to purchase 10 million CP tokens in the first phase, and intends to promote the allocation of 200 million USD in CP assets by Hong Kong and US listed companies in the near future

Golden Elephant Information Technology Limited (referred to as GE) announced a strategic cooperation with CoinUp.io. Both parties will engage in deep collaboration in the field of financial asset blockchainization, jointly promoting the connection and development of Web2 financial assets and the Web3 on-chain ecosystem.According to the agreement, GE and CoinUp.io have reached a consensus on future strategic directions, recognizing that "the blockchainization of traditional financial assets" is a core trend in industry development. GE believes that CoinUp.io's public chain CP Chain has great potential in bridging centralized exchanges and decentralized on-chain assets.At the same time, the CoinUp platform token CP has been deeply integrated into the exchange ecosystem, including new coin subscriptions, participation in on-chain projects, fee reductions, governance voting, and other aspects, and is regarded as the most important and unique strategic asset of the exchange.GE has purchased 10 million CP tokens in the first phase and plans to promote several Hong Kong and U.S. listed companies to gradually allocate about $200 million in CP assets in the near future, in order to support the ecological construction of CoinUp.io and allow more investors to share in the growth dividends of CoinUp.io.
Golden Elephant has signed a strategic cooperation agreement with CoinUp.io, planning to purchase 10 million CP tokens in the first phase, and intends to promote the allocation of 200 million USD in CP assets by Hong Kong and US listed companies in the near future
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