The Hodlnaut crypto platform halted their users ability to withdraw funds today “due to recent market conditions.” In their FAQ the company says that this will not be a short process, and they promise another update on Friday, 19 August 2022.
Some of us might have opened an account for the referral bonus, deposit bonus, of for their high-yield payout on stablecoins. Hopefully the funds eventually get returned.
Hodlnaut is the latest in a string of blows to the crypto industry after the collapse of TerraUSD. The Voyager app also halted withdrawals last month.
