On September 5, major cryptocurrency mining provider Poolin announced it too would halt all withdrawals from its cryptocurrency wallet, PoolinWallet. In a Medium post, Poolin said the company decided to temporarily suspend withdraws and internal transfers in order to preserve assets and stabilize liquidity during the unrelenting crypto downturn. Additionally, Poolin cryptically said it’s exploring, “strategic alternatives with various parties.” What those are remains unclear.
Poolin said it expects to share an update with users including more details and “feasible solutions,” in a week.
“We want to assure you that your assets in PoolinWallet are safe,” the blog post reads.