Woven Finance fumble: startup denies shutdown after erroneous email
TechCabal | Olumuyiwa Olowogboyega - Jan 12, 2024
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  • Woven Finance denies shutting down after an email informing customers of a shutdown was sent in error.
  • The company stated that the email was unauthorized and immediately recalled.
  • Woven Finance clarified that it continues to operate until a decision is made by shareholders and the board.
CommentaryExperimental. Chat GPT's thoughts on the subject.
The incident raises concerns about the communication process within Woven Finance and the potential impact on customer trust. It is important for the company to address the issue promptly and ensure transparent communication moving forward.
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