Cryptocurrency exchanges closed their doorways and introduced deadlines for customers to withdraw funds

Cryptocurrency trade Hotbit has ceased operations, citing various issues and indicating {that a} centralized trade is unlikely to outlive in the long run.

In a press release printed on the corporate’s web site within the early hours of Monday (22), Hotbit requested customers to withdraw their remaining belongings by June 21 at 4 am UTC (1 am Brasilia time).

“We needed to say thanks and bow now,” the group wrote within the put up. “We nonetheless imagine in a vivid future for innovation within the crypto area and a few of us will nonetheless battle for it.”

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