Bitberry, a South Korea-based crypto wallet app has announced its closure of operations due to market deterioration and uncertainty in the blockchain industry, according to the CEO of Bitberry’s parent company.
The shut down of operation that will occur on the 29th of February, 2020 at 3.00 pm will terminate all support for the app together.
Bitberry gained significant traction among the crypto community because it allowed users to sign in with a Kakao talk ID, where BitBerry simplified the complexities of sending and receiving coins and allowed users to receive crypto payments to a mobile number.
Apart from Bitberry, many other blockchain projects like Consensys, Circle, Coinfloor, Steemit and so on had substantial layoffs.
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