Crypto lender Hodlnaut is officially entering liquidation, according to the company's interim judicial manager. Over $100 million in digital assets were transferred from a wallet belonging to crypto exchange Poloniex in what security firms believe to be a massive hack. Meanwhile, asset manager BlackRock (NYSE:BLK) has officially entered the race for a spot Ethereum exchange-traded fund (ETF) after a 19b-4 filing by Nasdaq was submitted to the securities regulator.
Hodlnaut to enter liquidation
The High Court of Singapore has ordered the liquidation of Hodlnaut, a digital asset lender that collapsed during crypto winter.