Melotic Shuts Down Digital Asset Exchange
Hong Kong-based cryptocurrency startup Melotic has announced that it is shutting down its digital asset exchange, citing a lack of sufficient growth. In a 3rd May blog post, Melotic indicated that the cost of operating its platform had become prohibitive. The exchange, which hosts a number of altcoins and decentralized app (dapp) tokens, appears to have fallen victim to low trading volumes. According to the post, users will have until 15th May to withdraw their balances, and deposits. After 15th May, the exchange will be shut off. Melotic said that it intends to continue operating with an....
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