Crypto lender and exchange Vauld pauses withdrawals, trading, and deposits and says it's exploring a restructuring, after users withdrew $197.7M+ since June 12
The Vauld management wishes to inform that we are facing financial challenges despite our best efforts.
TechCrunch Manish Singh
Related Coverage
- Corporate statement — The Vauld management wishes to inform that we are facing financial challenges despite our best efforts. Vauld Blog
- Temporary change in withdrawal limits CoinLoan Blog · Anna
- Nexo starts process to potentially acquire troubled crypto lender Vauld The Block · Yogita Khatri
- Peter Thiel-Backed Crypto Lender Vauld Suspends Withdrawals Wall Street Journal · Caitlin Ostroff
- Nexo Offers to Acquire Another Struggling Crypto Lender in Vauld Blockworks · Shalini Nagarajan
- Troubled Crypto Lender Vauld Says It May Get Acquired by Nexo Bloomberg · Philip Lagerkranser
- Crypto lender CoinLoan lowers withdrawal limit citing market conditions The Block · Osato Avan-Nomayo
- CoinLoan Decreases Its Withdrawal Limit by 99% Crypto Briefing · Tom Carreras
- Lending Platform Vauld Looks to Restructure Amid Crypto Downturn, Suspends Transactions CoinDesk · Jamie Crawley
- 🎮 Nike plans to create video game NFTs Waivly
- Crypto lending firm Vauld could be acquired by Nexo after pausing customer withdrawals Neowin · Paul Hill
- As Other Companies Discontinue Withdrawal, CoinLoan Reduces Limits to $5,000 per Day Coinspeaker · Ibukun Ogundare
- Vauld halts client withdrawals and hires advisors for potential restructuring The Block · Yogita Khatri
- CoinLoan cuts daily withdrawal limit from $500k to $5k Micky
- Is Nexo Acquiring Vauld Soon In A Big Relief To Crypto Community? CoinGape · Anvesh Reddy
- CZ Warns Users Amid Vauld Suspending Its Activities CoinQuora · Britney James
- 3AC's Shades of Grey The Daily Moon · Yash Garg
- Crypto Lender Vauld Suspends Withdrawals as Customers Yanked $200M PYMNTS.com
- Another crypto lender Vauld pauses withdrawals as market crash takes its toll CNBC · Arjun Kharpal
- Vauld Suspends Operations Due To Financial Difficulties Crypto Adventure · Jinia Shawdagor
- 🇺🇸 America's Necessary Myth for the World Newslit Daily · Jose Montes de Oca
- Crypto lender Vauld suspends withdrawals Finextra
- Coinbase-backed Vauld becomes the latest crypto lender to pause withdrawals CryptoSlate · Samuel Wan
- Coinbase-backed Vauld halts withdrawals Entrackr · Aroon Deep
- Crypto exchange Vauld suspends all transactions due to financial difficulties TechCircle
- Singapore Based VAULD Suspends Withdrawals, What's Next? CoinGape · Anvesh Reddy
Discussion
-
@cz_binance
@cz_binance
on x
Unpopular opinion: careful when using platforms that require VC funding, they often don't have a real business model yet. (over generalization, there are exceptions of course) https://techcrunch.com/...
-
@carnage4life
Dare Obasanjo
on x
If VCs funded it then your money isn't safe on that platform isn't a perspective I thought I'd ever see in tech. How times have changed. https://twitter.com/...
-
@zhr_jafri
@zhr_jafri
on x
4 hotshot YT influencers who promoted Vauld in the past - PR Sundar - Ankur Warikoo - Akshat Srivastav - Booming Bulls Now you know who not to turn to for investment advice. Hope that the investors get their money back. https://twitter.com/...
-
@carnage4life
Dare Obasanjo
on x
When you find out all withdrawals and transfers are paused due to market conditions. https://twitter.com/...
-
@vauldofficial
@vauldofficial
on x
@darshanbathija Our management remains fully committed to working with our financial and legal advisors to the best of our abilities to explore and analyse all possible options, including potential restructuring options, that would best protect the interests of Vauld's stakeholde…
-
@ivanthek
@ivanthek
on x
“We are introducing a temporary measure - a reduction of the account withdrawal limit - in order to balance the flows of funds and prevent liquidity-related interruptions.” #ThingsYouNeverWantToHaveToSay https://coinloan.io/...
-
@frances_coppola
Cassandra Schadenfreude
on x
It's just another crypto lender collapsing. Nothing to look at here, move on. https://www.coindesk.com/...
-
@davidgerard
@davidgerard
on x
Crypto lender CoinLoan announces a “temporary change in withdrawal limits” to $5,000/day. This is totally temporary, because very soon it will be $0. https://coinloan.io/...
-
@sunchartist
Sunil Beri
on x
No shit sherlock. This will continue and maxis will continue to post this is the bottom https://twitter.com/...
-
@jangold_
Jan Nieuwenhuijs
on x
Vauld, a Singapore-headquartered crypto lending and exchange startup, has suspended withdrawals, trading and deposits as it navigates “financial challenges,” Crypto has not bottomed. https://techcrunch.com/...
-
@gilmoreport
Gil Morales
on x
The March of the Crypto Cockroaches continues. All it needs now is some theme music. https://www.wsj.com/...
-
@silvermanjacob
Jacob Silverman
on x
Don't you fund things as a VC via Binance Labs? https://twitter.com/...
-
@wholemarsblog
@wholemarsblog
on x
Vauld suspends all withdrawals, trading and deposits on the platform Smart move to do it on the 4th when nobody will notice. https://www.vauld.com/...
-
@nehafno
Neha
on x
Vauld suspends wallet payments. I remember many YouTubers and Twitter influencers did interview and asked their followers to invest in FD of these crypto exchanges. All money stuck and influencers are on world tours. Followers ki lag gai. https://www.vauld.com/...
-
@vauldofficial
@vauldofficial
on x
@darshanbathija To know more, check our blog: https://www.vauld.com/...