Hodlnaut

84 Articles 2 Followers


Another Contagion Victim - Hodlnaut Suspends Withdrawals and Deposits

10 Aug 2022 2 minute read 2 comments kev_nag

“Crypto lending platform Hodlnaut is suspending transactions including withdrawals and deposits, citing market conditions and a lack of liquidity as a reason. On Monday, the crypto lending business released a formal statement explaining why it had to...

Voyager Receives Court Approval, Celsius Withdraws Plan to Rethire CFO, Another Lender Falls

9 Aug 2022 3 minute read 3 comments Cje95

These last 4 days have been filled with quite a bit of action in the crypto lending sphere. In normal fashion, though it continues to be a mixture of good and bad news it does help provide some more clarity on the status of really the centralized len...

Hodlnaut announces its freezing withdrawals

8 Aug 2022 1 minute read 2 comments The Crazy Dude

  Hodlnaut announces to its clients that it freezes withdrawals. Not too much can be written about the news that seems to be cloned from others that precede it. Communicated to their clients and they hire Damodara Ong LLC, a company specializing in l...

Annnnnd Another One Bites the Dust! Hodlnaut Halts All Withdrawals, Deposits, Swaps, Limits to Earning in Kind, Ceases Borrowing and Lending

8 Aug 2022 2 minute read 1 comment Brother Numsee

Annnnnd Another One Bites the Dust! : Hodlnaut Edition 2022 is starting to look like the year of the death of CeFi. Just weeks after Celsius similarly halted withdrawals and entered into Chapter 11 Bankruptcy and in the wake of crises at BlockFi, Voy...

Another One Bites The Dust - Hodlnaut Becomes the Latest CEFI Platform to Fail

8 Aug 2022 1 minute read 3 comments midnightfalcon72

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 fr...

Hodlnaut Halts All Withdrawals

8 Aug 2022 1 minute read 7 comments cryotosensei

Every Monday at 5pm, Hodlnaut will send a weekly interest payout statement to my email. It did so this week - along with an announcement.  As you can infer from the title, Hodlnaut just announced that it would be following in the footsteps of Celsius...

Nexus Mutual: Insurance AND Risk Assessment Resource

21 Jun 2022 1 minute read 0 comments 1securemf

Custodian Insurance and Celsius A quick glance at the cost of coverage shows that Nexus Mutual was (rightfully) dubious of Celsius from the beginning.  The cost of cover for the majority of custodians is a mere 2.6%, not just for centralized exchang...

How I Reacted to the Panic

20 Jun 2022 1 minute read 1 comment 1securemf

The market crashed, Celsius locked withdrawals, and I sought safety.  I made moves I'm proud of and others which were silly. I'll put my pride aside and report both. Coinloan to Self-Custody Celsius locking withdrawals reinforced the old adage "not y...

Thanks to Hodlnaut, I Received my First POAP

28 May 2022 1 minute read 1 comment cryotosensei

Many of you will know that I’m a loyal fan of Hodlnaut, given the frequency I report on its latest happenings here. Hodlnaut certainly doesn’t rest on its laurels. This week, it organised its first Twitter Spaces session with an influencer. As you c...

5 Reasons Why You Should Use My Hodlnaut’s Referral Link

15 May 2022 1 minute read 0 comments cryotosensei

5 Reasons Why You Should Use My Hodlnaut’s Referral Link 1. All the referral bonuses I make from crypto go straight toward paying down my mortgage (which will indirectly contribute to my diaperfinancingfund), so you can rest assured I won’t splurge t...