Hotbit exchange announced the closure
Cryptocurrency exchange Hotbit announced the closure after five years of operation and asked users to withdraw their remaining assets by June 21. All operations on the exchange will be terminated today, May 22. The company explained that the decision to close was largely influenced by the deterioration in the working conditions of the exchange itself. “After Hotbit management was forced to suspend operations for several weeks due to an investigation in August 2022, the industry…