Also, 31 March 2023 has been announced as the deadline by the exchange firm Bitfront to clear all the deposits and withdrawals of investors. This year has been exceptionally challenging for the crypto market, thus, pushing Bitfront to close down.
It is being backed by a Japanese LINE Corporation. Bitfront said that their shutdown is in the best interest of the LINE blockchain and the LINK token economy.
It also mentioned that they have done its best to be the leader in the blockchain industry. In the statement it repeated that they are not shutting down because of the recent news of firms being accused of misconduct. Bitfront is shutting down for the prosperous growth of the LINE blockchain and LINK token.
(By Shourya Jha)
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