[PRESS RELEASE – Please Read Disclaimer] MEXC Exchange A few days ago, the Polygon Network ecosystem project Dragoma (DMA) experienced abnormal price fluctuations after its listing on MEXC, as it fell...
Tag: Protection
MEXC Activated the “Investor Protection Fund”
Place/Date: – August 11th, 2022 at 2:22 pm UTC · 3 min read Contact: Ming, Source: MEXC Exchange A few days ago, the Polygon Network ecosystem project Dragoma (DMA) experienced abnormal price fl...
Singapore-based crypto exchange Bitget establishes $200 million protection fund
Singapore-based crypto exchange Bitget has launched a $200 million fund to protect its users’ assets. The Bitget Protection Fund was created to provide security and to ensure secure trading for...
New York State Fines Crypto Wing of Robinhood $30,000,000 for Allegedly Violating Consumer Protection Laws
The state of New York is levying a fine against the crypto branch of trading giant Robinhood for allegedly violating consumer protection and anti-money laundering laws. According to a new press releas...
Ontario regulator includes crypto firms in latest consumer protection alert
The Ontario Securities Commission (OSC) included a number of crypto firms in a consumer alert that called out companies not registered to deal in the Canadian province. The OSC’s investor warnin...
Singapore High Court Grants Crypto Lender Vauld Temporary Protection From Creditors – Bitcoin News
Singapore-based Vauld will have some breathing space after the country’s High Court gave its parent company creditor protection for the next three months. The decision comes as the troubled crypto len...
Crypto Lender Vauld Granted 3-Month Creditor Protection by Singapore High Court – crypto.news
Vauld has been granted three-month protection from creditors by the Singapore High Court. Vauld’s parent firm, Defi Payments Ltd, said the moratorium granted on Monday would provide it with the requir...
Court grants Coinbase-backed Vauld 3-month protection from creditors
Troubled cryptocurrency lending platform Vauld has been given a brief reprieve from creditors after the Singapore High Court granted it a three-month moratorium on Monday. According to a Bloomberg art...
Vauld granted creditor protection for three months 1
Crypto lending outfit Vauld would be counting itself lucky after the Singaporean High Court announced a verdict in its favor. According to the ruling by the court, the firm has been granted an extende...
Crypto lender Vauld granted three-month protection from creditors
Embattled crypto lending platform Vauld has been granted a short period of reprieve from creditors after being given a three-month moratorium by the Singapore High Court on Monday. Its initial reques...
Crypto Lender Vauld Granted 3-Month Protection from Singapore Court against Creditors
Singapore High Court has granted distressed crypto lending firm Vauld a three-month moratorium to continue exploring options on how it can repay its creditors. The latest legal action from the court a...
Vauld gets three-month moratorium from Singapore High Court for protection against creditors
Crypto platform Vauld, which halted customer withdrawals last month, has secured protection against creditors for three months from the Singapore High Court, Bloomberg News reported Aug. 1. Vauld’s pa...
Bitget Crypto Derivatives Trading Platform Launches $200 Million Protection Fund – crypto.news
Bitget cryptocurrency derivatives trading venue has launched a $200 million fund designed to protect its users against unforeseen circumstances such as bitcoin (BTC) price crashes, hacks & thefts,...
Battered Crypto Lender Vauld Granted 3-Month Creditor Protection
The crypto lender, backed by Peter Thiel and Coinbase, was given a moratorium by Justice Aedit Abdullah that will last until November 7. The move will help provide some respite to Vauld, whose 147,000...
$200M BitGet BTC-USDT protection fund hints at investor-centric trend
With the ultimate goal to regain investor confidence amid a prolonged bear market, crypto derivatives exchange Bitget launched a $200 million fund to safeguard users’ assets. Bitget joins the growing ...
Binance CEO CZ Concerned Over New Protection Policy
Editors News The value of top cryptocurrencies gained despite U.S. Federal Reserve’s announcement. Turkey’s central bank forbade cryptocurrency payments in April 2021. Despite the U.S. Federal Reserve...
Bitget Rolls Out $200M ‘Protection Fund’ to Safeguard User’s Crypto
Bitget wants to shore up trader and investor confidence with a new “protection fund” The exchange is pledging to secure the $200 million value of its war chest over a three-year period Singapore-based...
Funding Rounds Continue, Senators Says Crypto Investors Need more Protection, Bulls Continue in Crypto Markets – crypto.news
Fundraising continued today with Sweat Economy, Space & Time, and Center closing successful rounds. Senator says regulators must do more to protect crypto investors while the crypto bulls continue...
Zipmex has filed for bankruptcy protection in Singapore –
Zipmex has filed for bankruptcy and wants moratorium relief. Zipmex wants to solve its financial issues. Zipmex, a southeast Asia-focused cryptocurrency exchange has filed for bankruptcy protection in...
Voyager Ordered by Fed to Stop Misleading Customers About FDIC Protection
The insolvent crypto brokerage firm Voyager has been contacted by both the Federal Reserve and Federal Deposit Insurance Corporation (FDIC). Both bodies have demanded that the company correct all misl...
SEC Chair Gensler Says the Agency is Looking to Regulate Crypto Exchanges to Ensure Consumer Protection ⋆ ZyCrypto
Advertisement     The crypto community has been calling for establishing a workable regulation that will guide the industry in the United States and subsequently prote...
Bitcoin Bear Market Claims Another Crypto Firm as Zipmex Files for Protection From Bankruptcy
Editor’s note: This article’s headline was updated after publication to clarify that Zipmex has filed for protections from bankruptcy and not bankruptcy. South Asian cryptocurrency exchang...
Zipmex seeks extension for bankruptcy protection in Singapore
Struggling crypto exchange Zipmex has filed for a moratorium in Singapore to extend its protection against legal actions from aggrieved creditors. The application comes barely one week after the excha...
Crypto Exchange Zipmex Seeks Bankruptcy Protection In Singapore As Crypto Crisis Spreads
Zipmex offers crypto trading and investment services in Thailand, Indonesia, Singapore and … [+] Australia. SOPA Images/LightRocket via Getty Images Zipmex has become the latest victim of the on...
Zipmex files for protection against creditors in Singapore
Troubled South Asian crypto exchange Zipmex has filed for protection against creditors in Singapore as it faces a liquidity crunch. Announcing the news on Wednesday, Zipmex said its solicitors Morgan ...
Zipmex Files for Bankruptcy Protection, Seeking Moratoriums from Third Party Creditors
Singapore-based crypto trading platform Zipmex has halted some of its core activities in response to its partner Celsius Network and Babel Finance’s financial woes, which it has exposed. Reporte...
Troubled Crypto Exchange Zipmex Wants Bankruptcy Protection
Southeast Asian cryptocurrency exchange Zipmex submitted several moratorium applications under Section 64 of Singapore’s Insolvency, Restructuring and Dissolution Act 2018 last Friday on behalf of fiv...
We All Must Be Digital Guardians
getty Every aspect of our modern human existence and activity is now supported by a cyber ecosystem — the economy, every industry, every supply chain, our food and water supply, heath care, education,...
This CEO warns that the Fed’s strategy has created a big bubble in housing. Here’s what he likes for protection
‘The biggest Ponzi scheme in history’: This CEO warns that the Fed’s strategy has created a big bubble in housing. Here’s what he likes for protection The Fed is tasked with a dual mandate: to ensure ...
China Promises Privacy Protection for Digital Yuan as Adoption Spikes
China has vowed to protect the privacy of users of the digital yuan as it pushes for greater adoption, allaying fears from the country’s critics. Mu Changchun, director-general of the Digital Currency...
Users of payment services like Zelle need better scam protection, Dems tell CFPB
It should be easier for consumers defrauded via popular instant payment services like Zelle to seek redress, since money-transfer scams are reportedly growing more common, a group of Democratic lawmak...
TIPS, I Bonds Are Smart Ways to Buy Inflation Protection
Illustration by Liam Eisenberg Text size As a consumer, it is almost impossible to escape the ravages of inflation, which rose at a 9.1% clip in the 12 months ended June, based on the U.S. Consumer Pr...