Reflection Tokens Grow as Another Staking Platform Freezes Withdrawals
Voyager is the latest crypto platform to freeze all trading, deposits, and withdrawals.
The New York-based digital asset brokerage announced on Friday, July 1, that ‘current market conditions’ meant the platform could not operate as usual. Voyager offers rewards to investors staking tokens like Polkadot, Apecoin, USDC, Bitcoin, Ethereum, and more.
The catalyst for the suspension of activity on Voyager Digital was a customer defaulting on a loan worth more than $670 million.
The customer – crypto hedge…