Hello my Crypto friends!

Hodlnaut, the Singapore based lender/borrower becomes the latest CEFI platform to halt withdrawals. They follow in the footsteps of Voyager and Celsius who have since filed for Chapter 11 bankruptcy. 

Here is the statement from them:

Hodlnaut have stated that this is due to recent market conditions despite the fact that the markets have recovered somewhat recently. They also announced that they were withdrawing their license application to the Monetary Authority of Singapore (MAS).

This is yet another reminder of why you should keep your crypto in self custody. Not your keys, not your coins!

Stay Safe!!