Singapore-based crypto lender Hodlnaut suspends withdrawals

Singapore-based crypto lender Hodlnaut suspends withdrawals

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 stabilising our liquidity and preserving assets". 

Do you like the content of this article?
COMMENT (1)

Inmates can watch the World Cup

The Department of Corrections (DoC) will allow inmates to watch broadcasts of the football World Cup 2022 in prisons across the country.

08:12

Lamphun stun Sukhothai

Lumphun Warriors pulled off a big surprise on Sunday night, beating higher-ranked Sukhothai 3-1 in their last game of the Thai League 1 first leg.

07:30

Ex-actress, model Linda Khathancharoen dies

Former actress and model Linda Khathancharoen died on Sunday after a 15-year battle against cancer. She was 66.

07:22