The trading platform is aiming to fully resume withdrawals by June 30. The deadline is based on its “current understanding” of the situation.
As reported by U.Today, the embattled cryptocurrency giant, which is now on the brink of insolvency, is considering a bailout by another company. Crypto lending platform Celsius, which suddenly halted withdrawals on June 13, is yet to resume them.In 2019, CoinFLEX secured funding from venture capital giant Digital Currency Group. Its backers also include Dragonfly Capital Partners and Polychain Capital.
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