Midas Is Going To Say Good Bye Soon

Reports claim that the company is now aiming to focus on a new project. It will align with our vision for centralized decentralized finance (CeDeFi), according to Levin. In addition to this, the crypto company Midas disabled deposits and swaps together with withdrawals for some time to make cautions and balance adjustments. It has been revealed that the company is targeting to deduct 55% from user balances held in bitcoin, ether, and stablecoins, with the adjustment to be compensated for in MIDAS tokens. They aim to swap them for tokens for their new project. Levin further stated: There had been no official words regarding the timeline of the closure yet. However, we hope to see a new good project as claimed by the company after Midas shuts down its platform. Stay tuned for more updates. Also Read: Kia Teases Its First Electric SUV EV9 Ahead of 2023 Debut – (phoneworld.com.pk)