Dropping Like Flies - Thorncoin Suspends Lending Plans

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Like dominoes, the lending platforms are coming down or changing plans one after another.

After the announcement yesterday by Davorcoin, comes one today by Thorncoin.

From Thorncoin Telegram & Twitter:

"Updates!

With everything that has happened in the lending space over the last few weeks we will be re-branding our platform from lending and staking to staking and long term staking to ensure the sustainability of our platform and for the protection of our members. We will launch a promo version of our long term staking by tomorrow.

We know some people are not happy with the delay but we will not launch our platform until we know everything is in place for the long term."

Can't say we're too thrilled to hear about this change ourselves, but we'll wait to see what this long term staking option looks like before we make a full assessment.

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