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Hotbit shuts down as cyber attacks, crypto crises weaken its operations

By Oluwapelumi Adejumo at 2026-05-08 14:21

Sentiment: Positive

Crypto exchange Hotbit said it would halt all operations on May 22 by 04:00 UTC, advising its users to withdraw their assets before June 21. Why Hotbit is shuttering operations In a May 22 statement, Hotbit explained that centralized exchanges had witnessed a continuous outflow of funds following the several crises that hit the crypto […] The post Hotbit shuts down as cyber attacks, crypto crises weaken its operations appeared first on CryptoSlate. Continue reading...

Categories: Exchanges

Tags: #Exchanges #Regulation #binance #Hotbit

Source CryptoSlate