Crypto lender Hodlnaut halts withdrawals 'due to market conditions'

Singapore-based Hodlnaut has halted withdrawals, token swaps and deposits due to recent market conditions, it said on Monday. Hodlnaut has also informed the Monetary Authority of Singapore of its intention to withdraw its application for a license to provide digital token payment services. The firm said it made the move "to [also] focus on stabilising [Hodlnaut's] liquidity and preserving assets".