Cryptocurrency News

Crypto lending platform Hodlnaut suspends services due to liquidity crisis

2022.08.09 19:01

Crypto lending platform Hodlnaut suspends services due to liquidity crisis
Crypto lending platform Hodlnaut suspends services due to liquidity crisis

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 plans.

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