Popular South Korean crypto wallet, Bitberry, is closing down soon. The CEO of Bitberry’s parent company cited “market deterioration and uncertainty in the blockchain industry” as the reason for discontinuing the app.
Bitberry falls victim to the bear market blues
South Korean cryptocurrency wallet app, BitBerry, is closing down for good on the 29th of February, 2020 at 3:00pm. According to a local outlet, all support for the app will be terminated.
Bitberry gained significant traction among the crypto community because it allowed users to sign in with a Kakao talk ID.
Kakao Talk is one of the most popular messenger apps in S. Korea, and BitBerry simplified the complexities of sending and receiving coins and allowed users to receive crypto payments to a mobile number.
BitBerry was owned by parent company Root One Soft, who’s…
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