Vauld
12 hours 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trading and deposits on its platforms the company said in a statement on Monday June 4. 4 hours agoCustomers have withdrawn over 1977 million since June 12.
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. 12 hours 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 continues to. 8 hours agoVauld chief executive Darshan Bathija said in a blog post that it was facing financial challenges due to the volatile market conditions the financial difficulties of our key business partners. 10 hours agoVauld CEO Darshan Bathija said in a blog post that it was facing financial challenges due to the volatile market conditions the financial difficulties of our key business partners inevitably.
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. The suspension has been in force with immediate effect Vauld. Vauld the Coinbase-backed Indian cryptocurrency exchange said on Monday it is suspending all withdrawals trading and deposits as it battles financial challenges.
4 hours agoVauld CEO Darshan Bathija said that this is due to a combination of circumstances like volatile market conditions the financial difficulties of our key business partners inevitably affecting us and the current market climate. - Buy and Sell 30 cryptocurrencies and tokens including. Vauld a Singapore-headquartered crypto lending and exchange startup has suspended withdrawals trading and deposits on its eponymous platform with immediate effect as it.
With Vauld you can easily convert your fiat assets into cryptocurrencies and buy sell trade or even invest in crypto assets getting better returns than you would from traditional savings accounts. The company laid off 30 of its workforce 10 days ago and today announced that it has halted customer withdrawals. Bathija said Vauld is open to potential options such as restructuring.
The decision came as the platform was facing financial. Vauld provided lending services in addition to serving as an exchange leaving it particularly vulnerable to the market shocks. With Vauld taking control of your financial future is as simple as depositing and earning.
11 hours agoVauld said that depositors had withdrawn nearly 200 million in the weeks leading up to this decision. 12 hours agoVauld a KYC compliant crypto exchange operating in India has suspended all withdrawals deposits and trading citing financial challenges. Vauld said that this has happened primarily due to rising financial challenges despite its best efforts.
Vauld was founded in March 2018 and had generally enjoyed life in the crypto lending game surviving the 2018-19 bear market but it seems that the current turndown is proving too much. Vauld founded in 2018 by Darshan Bathija and Sanju Kurian helped crypto investors earn and borrow crypto including borrowing against your own assets and having no cap on daily withdrawals. All this has led to a significant amount of customer withdrawals over 1977 million since June 12 he said.
- Trade on a massive order book while earning interest on your tokens. The company said it would apply for a moratorium in Singapore against any potential litigation against it. 12 hours agoVauld intends to apply for a moratorium in the Singapore courts to get a breathing space to carry out the proposed restructuring exercise Vauld further said in the statement that it has.
8 hours agoVauld Impacted by Three Arrows Capital Default. 8 hours agoCrypto lender Vauld on Monday paused all withdrawals trading and deposits on its platform and is exploring potential restructuring options the company said. Indian crypto exchange Vauld has suspended trading deposits and withdrawals on its platform citing financial challenges amid the markets recent.
12 hours agoVauld laid off 30 of its staff last month. Crypto trading and lending platform Vauld on. Darshan Bathija Vaulds co-founder and CEO in a blog post on the companys website talked about the financial difficulties of business partners and customer withdrawals in excess of 1977 million since June 12.
- Borrow up to an LTV of 6667 and pay back anytime. Amid broader volatility in the crypto market due to several global macroeconomic factors and the recent collapse of multiple crypto-financial institutions Singapore-based crypto-trading platform Vauld has suspended all deposit and withdrawal options. Vauld was established to provide users financial freedom away from the restrictions of banks and governments.
Singapore-based Vauld on Monday became the latest cryptocurrency platform to pause customer withdrawals as a result of the nascent markets. 11 hours 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. Vauld CEO Darshan Bathija.
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