There has been no shortage of crypto casualties this summer. On August 8, Singapore’s Hodlnaut joined fellow lenders Vauld and Celsius and Singaporean exchange Zipmex in suspending user crypto withdrawals because of “recent market conditions.” The measure was ostensibly taken to “stabilize liquidity,” a phrase also used in Celsius’ withdrawal freeze announcement. With little warning, investors were hit with the news that the bulk of their digital wealth had b ...
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