XcelToken Plus- News Bitspark Shuts Down
Hong Kong-based blockchain remittance start-up Bitspark has abruptly announced its closure, citing internal restructuring issues. On Feb. 3, Bitspark co-founder and CEO George Harrap officially announced the platform’s plans to shut down its services on the 4th of March, 2020. According to the statement, Bitspark users will be able to withdraw their cryptocurrencies from Feb. 3 to March 4 as the platform’s functionality will stay intact over the period. After March 4, account logins will be disabled for a period of 90 days, with users being able to withdraw their funds via Bitspark customer support, the announcement reads. Harrap emphasized that the firm’s abrupt closure comes despite the “ excellent performance ” that Bitspark has seen since the release of its new remittance service Cash Point in 2019. According to Harrap , Bitspark saw a 400% month-over-month growth after releasing the product. Co-founded by Harrap and Maxine Ryan in 2014, Bitspark emerged ...