Singapore-based crypto lender Hodlnaut suspends withdrawals


Article content

HONG KONG — Hodlnaut, a Singapore-based crypto currency lender and borrower has suspended withdrawals, swaps and deposits, the company said on Monday, the latest sign of stress in the cryptocurrency industry.

Hodlnaut said the move was “due to recent market conditions” and was “to focus on stabilizing our liquidity and preserving assets.” (Reporting by Alun John; Editing by Toby Chopra)


Source link

Comments are closed.