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Hodlnaut is one of the many crypto firms to stumble under cratering market conditions and imploding companies, alongside Three Arrows Capital, Voyager Digital and Celsius Network. In the blog post, Hodlnaut pointed the finger at “losses suffered” from TerraUSD’s crash. Source
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Crypto lending platform Hodlnaut has filed an application to be put under creditor protection in Singapore. Original Source
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Ether followed a similar pattern, rising over $2,000 late Sunday before falling below $1,900. The second largest crypto by market cap was recently down roughly 2.5% from the previous day, although well above levels earlier this summer amid amid growing investor enthusiasm for The Merge, which will change the Ethereum
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The crypto lender has also withdrawn its application to be regulated in Singapore. Source
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On August 8, the crypto exchange and lending platform Hodlnaut announced that the company has paused withdrawals, token swaps, and deposits. Hodlnaut joins a slew of crypto firms that have frozen withdrawals during the last three months, leaving customers little hope that they will see their funds again. Well before
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Blaming market conditions and lack of liquidity, Singapore-based crypto lending platform Hodlnaut has become the latest firm to suspend withdrawals and deposits.The crypto lending firm made an official announcement on Monday, claiming that market conditions have forced it to suspend its services and that it is actively working on recovery
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Singapore-based crypto lending platform Hodlnaut will partner with United States crypto exchange Okcoin in an effort to drive adoption and crypto transactions among users.In a Wednesday announcement, Hodlnaut said the partnership would allow its users and those on Okcoin to purchase cryptocurrencies and earn rewards on their holdings. The lending
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The cryptocurrency industry has been constantly evolving since Bitcoin made its first appearance over a decade ago. What
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