Singapore-based crypto exchange Zipmex suspends withdrawals, citing “volatile market conditions”
- Southeast Asian crypto exchange Zipmex announced it's halting withdrawals until further notice. — Zipmex joins Celsius, CoinFLEX, Vauld and Babel Finance in freezing client funds amid stresses in c...
Crypto lender Vauld disclosed a ~$70M shortfall, listing $330M in assets and $400M in liabilities, but says the numbers may not be final as audits are ongoing
- Vauld has disclosed a shortfall of $70 million in a letter to creditors. — The firm has also listed multiple other plans if its deal with Nexo doesn't go through.
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.
Singapore-based Vauld, formerly Bank of Hodlers, a crypto trading and lending service, raises $25M Series A led by Peter Thiel's Valar Ventures
Singapore-based Vauld, formerly Bank of Hodlers, a crypto trading and lending service, raises $25M Series A led by Peter Thiel's Valar Ventures
Quick Take — Crypto trading and lending platform Vauld has raised $25 million in a Series A funding round led by Peter Thiel's Valar Ventures.