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Social Media Company Line Shuts Down Crypto Exchange Bitfront
Summary: Japanese social media company Line said on Monday that it is shutting down its crypto exchange Bitfront. Registrations and deposits have been halted, while customers were given until March 31 to withdraw funds. Bitfront is one of many crypto companies that shut down due to the crypto bear market this year. Earlier this month, FTX ...
Japanese social media company Line said on Monday that it is shutting down its crypto exchange Bitfront.
Registrations and deposits have been halted, while customers were given until March 31 to withdraw funds.
Bitfront is one of many crypto companies that shut down due to the crypto bear market this year. Earlier this month, FTX was forced to go into bankruptcy due to a liquidity crisis. In addition, Bitcoin’s price has fallen $52,600 down from that of last year’s.
Author: Katie Lin
Tags: bear market,Bitfront,Crypto,Crypto Exchange,Line,Social Media
Link: Social Media Company Line Shuts Down Crypto Exchange Bitfront [Copy]
