BITFRONT, the crypto exchange based out of Palo Alto, California, has announced that it will cease all operations towards the end of the year. The exchange was initially launched as BITBOX in Singapore back in 2018, before rebranding and moving its headquarters to the United States in 2020. BITFRONT to initiate full closure in March 2023 […]
BITFRONT, the crypto exchange based out of Palo Alto, California, has announced that it will cease all operations towards the end of the year.back in 2018, before rebranding and moving its headquarters to the United States in 2020., the challenges presented by the “rapidly evolving” crypto industry forced the exchange to shut down. The statement further read,
The exchange also published a timeline of events leading up to the final shutdown. New sign-ups and credit card payments have been suspended starting 28 November. By 12 December, the exchange will bar all additional deposits and interest payments of their native token, LINK .
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