Crypto Lender Hodlnaut Freezes Withdrawals, Citing Market Conditions

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Crypto lender hodlnautdotcom said it's halting withdrawals and withdrew its application for a license in Singapore because of 'recent market conditions.' By OKnightCrypto

both declaring bankruptcy. The total crypto market cap has slumped to about $1 trillion from more than $3 trillion in November.

Hodlnaut is consulting with Singapore-based law firm Damodara Ong on a timeline for a plan to preserve user assets., an insurance company that specializes in decentralized finance.Adds AUM figure, partnership with Nexus Mutual.

 

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