Tag: hodlnaut

The Algorand Foundation Revealed That It Has A $35M Exposure In USDC To Crypto Lender Hodlnaut

An Algorand Foundation report indicated $35 million exposure in USDC to Hodlnaut, a troubled crypto lender based in Singapore that halted withdrawals last month. Based...
Cryptocurrency

As it seeks legal protection, Hodlnaut discloses a $193 million cash loss

In a court statement submitted earlier this month, embattled cryptocurrency lender Hodlnaut disclosed a roughly $200 million cash shortfall. The reasons why the business froze...
Cryptocurrency

Hodlnaut Announces Police Inquiry, Lays Off 80% Of Employees

After filing for judicial management last week, the Singapore-based crypto firm updated its community. Hodlnaut claims that it laid off about 40 people "to...
Cryptocurrency

Hodlnaut, A Cryptocurrency Lender, Seeks Creditor Protection In Singapore

Hodlnaut, a cryptocurrency lender that just stopped accepting withdrawals, submitted an application in Singapore to be given creditor protection. According to a statement posted on...
Cryptocurrency

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