Vauld
Vauld the Coinbase-backed Indian cryptocurrency exchange said on Monday it is suspending all withdrawals trading and deposits as it battles financial challenges. Vauld mentioned both Celsius and Three Arrows Capital.
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Indian crypto exchange Vauld has suspended trading deposits and withdrawals on its platform citing financial challenges amid.
. In conclusion Vauld assists you in managing your crypto assets seamlessly. 1 day agoVauld a crypto lender backed by Coinbase Inc said it suspended withdrawals and hired advisers to explore a potential restructuring as fallout from the slump in digital assets. 1 day agoVauld said that depositors had withdrawn nearly 200 million in the weeks leading up to this decision.
15 hours agoIn a statement on Monday Vauld CEO Darshan Bathija said that the management is facing financial challenges due to volatile market conditions which has led to significant. Vauld CEO Darshan Bathija. 1 day agoVauld has seen withdrawals of around 198 million since June 12 the day when the downturn in crypto markets began to come to a head with crypto lender Celsius pausing.
Vauld is a Singapore-based crypto platform which offers users the opportunity to earn interest on hundreds of different crypto assets as well as borrow and. 1 day agoCrypto lender Vauld on Monday paused all withdrawals trading and deposits on its platform and is exploring potential restructuring options the company said. Vauld a crypto lender backed by Coinbase and investor Peter Thiel has halted withdrawals and trading on its platform as the credit crisis in the digital asset market intensifies.
They provide a store of value capital growth easy spending and. 1 day agoCryptocurrency exchange Vauld has suspended its operations including withdrawals trading and deposits on its platforms the company said in a statement on Monday June 4. Vauld was established to provide users financial freedom away from the restrictions of banks and governments.
Vauld a Singapore-headquartered crypto lending and exchange startup has suspended withdrawals trading and deposits on its eponymous platform with immediate. Singapore-based Vauld on Monday became the latest cryptocurrency platform to pause customer withdrawals as a result of the nascent markets steep decline over the past. 20 hours agoCustomers have withdrawn over 1977 million since June 12.
Vauld is exploring a possible restructuring after becoming the latest crypto platform to freeze services. Darshan Bathija CEO Vauld said in a blog post that the current market climate has led to a significant amount of customer withdrawals in excess of 1977 million since 12 June. The company said it would apply for a moratorium in Singapore against any.
1 day agoVauld laid off 30 of its staff last month. With Vauld you can easily convert your fiat assets into. Vauld said it is.
Vauld appears to be trying to do the right thing in keeping the business alive but it will not be a big surprise if it collapses. Crypto trading and lending platform Vauld. 1 day agoIn a statement on its website Vauld said the exchange has witnessed withdrawals above 1977 million since 12th June 2022 when the crypto markets crash was triggered by.
Amid broader volatility in the crypto market due to several global macroeconomic factors and the recent collapse of multiple crypto-financial. When cryptocurrency lending platform Celsius froze user accounts. 1 hour agoCrypto lender Nexo signed a term sheet with Vauld that could potentially result in Nexo buying 100 of the Singapore-based company news organizations including The Block.
Bathija said Vauld is open to potential options such as restructuring.
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