Troubled crypto lender Hodlnaut is seeking protection from creditors a week after it halted withdrawals amid a liquidity crisis. In its first update, the crypto platform stated that it has filed an ap...
Tag: Hodlnaut
Embattled Crypto Lender Hodlnaut Seeks Judicial Management in Order to Rehabilitate the Company – Bitcoin News
Eight days ago, the crypto lender Hodlnaut announced that the platform was suspending withdrawals after citing volatile market conditions. This week the company says it is seeking judicial management ...
Hodlnaut: Crypto lender nearing bankruptcy
Hodlnaut, a Singapore-based cryptocurrency lending company, in recent days notified the Asian city-state’s financial authority (MAS) that it has discontinued the possibility of withdrawals for its cus...
Crypto lender Hodlnaut seeks judicial management to avoid forced liquidation
Singapore-based crypto lending platform Hodlnaut is seeking judicial management to manage its ongoing liquidity crisis and avoid the forced liquidation of assets in the current bear market. The crypto...
Bitcoin and Ether Fall; Angry That Hodlnaut Has Frozen Your Funds? Too Bad, It’s in the Terms and Conditions
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 wel...
Crypto Lending Platform Hodlnaut Suspends Services Due to Liquidity Crisis – crypto.news
Singapore-based crypto lending platform Hodlnaut has immediately halted all withdrawals, token swaps, and deposits. The company has also stopped all borrowing and lending services due to “prevailing m...
Crypto Lending Firm Hodlnaut Halts Withdrawals Amid Liquidity Issues
Hodlnaut, a Singapore-based cryptocurrency lending platform, announced the suspension of withdrawals on Monday. Hodlnaut cited bearish market conditions that cause liquidity issues. However, the crypt...
Crypto Lending Firm Hodlnaut Snoozes Withdrawals Amid Liquidity Issues – crypto.news
The cryptocurrency market liquidity trend is not yet over as the Singapore-based crypto lending platform, Hodlnaut is struggling to survive the heat. Hodlnaut revealed that it has ceased withdrawals a...
Singaporean Crypto Lender Hodlnaut Freezing Withdrawals Due to ‘Difficult Market Conditions’
Apart from halting withdrawals, Hodlnaut has also informed Singapore’s Monetary Authority (MAS) about withdrawing its license application that received in-principle approval from the central bank back...
Singapore Crypto Lender Hodlnaut Suspends Withdrawals, Citing Tough Market Conditions
Singapore-based cryptocurrency lending and borrowing platform Hodlnaut announced on Monday that it had suspended customer withdrawals, swaps, and deposits. The firm cited “difficult market conditions”...
Crypto Lending Firm ‘Hodlnaut’ Halts Withdrawals and Services
7 hours ago | 2 mins read Defi News The platform’s decision was attributed to current market circumstances. Hodlnaut apparently had $187 million in TerraUSD [UST]. Aside from Terra’s demise, a number ...
Hodlnaut halts withdrawals and deposits
Hodlnaut, a popular crypto lender based in Singapore, has temporarily suspended withdrawals, deposits, and token swaps on its platform. The protocol in a press release issued on Monday cited prevailin...
Crypto lending platform Hodlnaut halts withdrawals and is working on a recovery plan
Crypto lending platform Hodlnaut has halted withdrawals in an apparent liquidity crisis. The firm cited recent market conditions for the move and said that it needs to “focus on stabilising our ...
Hodlnaut Halts Customer Withdrawals, Becomes Latest Exchange To Plunge Into Crisis
Hodlnaut stopped offering exchange services on its platform on Monday, citing liquidity crisis and the need to discuss a recovery strategy with a legal advisory firm as the industry battles to survive...
Crypto Lender Hodlnaut Pauses Withdrawals — Company Cites Market Conditions, Despite Recent Crypto Rally – Bitcoin News
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 with...
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 offici...
Crypto Lender Hodlnaut Pauses Withdrawals, Deposits, and Token Swaps
Singapore-based crypto lending platform Hodlnaut has joined a growing list of crypto lenders that have paused withdrawal services. The company announced on Monday that it had suspended token swaps and...
Singapore’s crypto lender Hodlnaut shuts down
Ibiam Wayas Ibiam is an optimistic crypto journalist. Five years from now, he sees himself establishing a unique crypto media outlet that will breach the gap between the crypto world and the general p...
Hodlnaut Becomes Latest Crypto Lender to Freeze Withdrawals
Key Takeaways Hodlnaut is the latest cryptocurrency lender to halt withdrawals and operations, citing “market conditions.” The firm has also withdrawn its application for a digital payment...
Singapore-Based Hodlnaut Halts Withdrawals Citing ‘Market Conditions’
Crypto lender Hodlnaut has halted withdrawals, token swaps, and deposits for its users. The Singapore-based platform stated that it reached this “difficult decision” on the back of recent “market cond...
Hodlnaut is the latest crypto lending platfor…
Following on from Celsius, Voyager, BlockFi and others, Hodlnaut is the latest crypto lending platform to halt withdrawals, token swaps and deposits, citing difficult market conditions. The ongoing li...
Singapore-based Hodlnaut freezes customer accounts, drops license application
Singapore-based crypto lending platform Hodlnaut announced a freeze on withdrawals citing declining market conditions. Holdnaut added that it has withdrawn its license application from the Monetary Au...
Crypto Lender Hodlnaut Freezes Withdrawals, Pulls Singapore Application
Law firm Damodara Ong is now working with Hodlnaut on a recovery plan The platform’s next update is scheduled on August 19 — two weeks from now Crypto lender Hodlnaut has frozen withdrawals, token swa...
Earning High Yields Without the Complexity of DeFi? Welcome to Hodlnaut
Key Takeaways Investors are pursuing high yields in a low interest rate environment. High yield opportunities are available to those who don’t have the time to go down the DeFi rabbit hole. Hodlnaut a...