Poolin Offers Promissory ‘IOU’ ETH Tokens As The Merge Rolls Out; Customer Reserves Remain Frozen

China-based crypto mining-pool services provider Poolin, which halted all withdrawals from its PoolinWallet on the back of liquidity problems, will be issuing IOU tokens corresponding to that value. Poolin said that the IOU token symbolizes users’ specific types of assets kept in PoolinWallet’s assets account, multi-signature wallet account, and mining pool account. Poolin reducing the impact … Read more