KCN: BITSPARK CEASES TO EXIST

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BITSPARK CEASES TO EXIST

Hong Kong money transfer startup Bitspark will cease to exist. This is stated in the official press release: “This decision was not taken lightly, particularly due to the excellent performance we have seen since the release of our Cash Point product late last year which has seen 400% MoM growth and, as our customers will attest, they’ve been running dry on cash daily for the last month due to demand. Unfortunately due to internal restructuring that hasn’t worked out, and a decision taken by shareholders internally, we have made the decision to close our doors. While the HK protests and now virus epidemic haven’t affected us much, it hasn’t helped either. Over the period of the 3rd of Feb to the 4th March 2020, functionality will remain intact for our customers to withdraw their crypto. Subsequent to that, account logins will be disabled, for a period of 90 days after the 4th of March”… Follow the world of blockchain with us. The news release partner STEX.com.

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