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Tag: Withdrawals
Vauld hired advisors for potential restructuring and halted client withdrawals
Vauld halted withdrawal, trading, and deposit services. Vauld reported withdrawals amounting to $198 million in the 2nd week of June 2022. Vauld is a crypto trading platform that provides comprehen...
Vauld Crypto Trading and Lending Firm Suspends Withdrawals – crypto.news
Vauld has announced the suspension of fund withdrawals, deposits, and all trading activities on its platform. The firm says the crypto market downturn has brought serious financial challenges upon it ...
Voyager opens withdrawals for transactions submitted prior to suspending trading
Voyager Digital sent out an email to customers announcing that withdrawals processed before the suspension of trading were now being processed. The exchange halted deposits, withdrawals, trading, and ...
Crypto Broker Voyager Says It Is “Pursuing Strategic Alternatives” After Halting Withdrawals
In a tweet thread on Sunday, crypto broker Voyager Digital said it is seeking strategic alternatives and that it is focused on protecting assets and maximizing value for its customers. The statement c...
Vauld halts withdrawals and hires legal and financial advisors
Vauld, a Singapore-based crypto trading and lending platform with most of its team in India, has become the latest crypto firm to halt customer withdrawals amid the market tumult. CEO Darshan Bathija ...
Truth About KuCoin’s Bitcoin Balance Amid FUD Over Halting Withdrawals
Even as rumors are afloat that KuCoin is halting withdrawals on its platform, there is further clarification to this. Speculation was rife that KuCoin would halt withdrawals thanks to the losses suffe...
KuCoin CEO Addresses FUD, Says Crypto Exchange Has Zero Plans To Halt Withdrawals
The chief executive officer of crypto exchange KuCoin is addressing the fear and uncertainty surrounding the platform and says that the company has no plans to halt its withdrawal services. KuCoin CEO...
Vauld Suspends Withdrawals Citing Tough Market Conditions
Advertisement     Vauld has halted withdrawals for its customers, citing unfavorable market conditions. The lending platform received nearly $200 million worth of with...
Peter Thiel-Backed Crypto Lender Vauld Suspends Withdrawals
A cryptocurrency lender backed by Peter Thiel and Coinbase Global Inc. suspended withdrawals, trading and deposits on its platform, citing volatile market conditions and financial difficulties facing ...
Continuing Withdrawal Trend, Another Crypto Lender Voyager Digital Halts Withdrawals, Deposits
This Friday, Voyager Digital, a crypto lender, announced that it had halted withdrawals, deposits, and trading on its platform. The crypto platform said it is exploring strategic alternatives for pres...
Crypto Lending Firm Vauld Suspends Transactions After $198 Million Worth of Withdrawals
As it considers restructuring options, Singapore-based cryptocurrency lender Vauld has suspended all deposits, trading, and withdrawals from its platform. Since June 12, when the cryptocurrency market...
Major Crypto Lender Vauld Suspends Trading After $198 Million In Customer Withdrawals
Topline Singapore-based Vauld on Monday became the latest cryptocurrency platform to pause customer withdrawals as a result of the nascent market’s steep decline over the past month, telling cus...
Coinbase-backed Vauld halts withdrawals as crypto credit crisis intensifies
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 company, which ...
Crypto Lending Platform Vauld Halted All Withdrawals
3 hours ago | 2 mins read Editors News Vauld has raised around $27M from investors to expand its platform. The company hired Kroll Pte Limited as a financial advisor. Vauld intends to apply a moratori...
Coinbase-backed Vauld becomes the latest crypto lender to pause withdrawals
Vauld announced July 4 that it will immediately suspend withdrawals, trading, and deposits on the platform due to volatile market conditions and the impact on key business partners. The statement also...
Withdrawals blocked: start of a crisis for Vauld?
Celsius, Coinbase, Three Arrows Capital, the CEO of FTX explains that many are secretly insolvent exchanges… After the start of this new bear market and the failure of the Terra-Luna ecosystem, severa...
Crypto lending platform Vauld freezes withdrawals and looks to restructure
The toll of crypto lenders who are feeling the pinch continues unabated. Coinbase-backed Vauld is the latest crypto lender to freeze withdrawals, as the crypto winter endures, bringing the industry to...
Crypto Lender Vauld Halts Withdrawals As Stress Mounts
Vauld’s CEO has said that the crypto exchange is halting all trading, deposits, and withdrawals owing to financial difficulties. Vauld Suspends Withdrawal As it navigates “financial challenges,” Vauld...
Crypto Lender Vauld Freezes Withdrawals, Eyes Restructuring
(Bloomberg) — Most Read from Bloomberg Vauld, a crypto lender backed by Coinbase Inc., said it froze withdrawals and hired advisers to explore a potential restructuring, joining rivals from Cels...
Beaten by the Market, Vauld Becomes Latest Crypto Lender to Freeze Withdrawals
Key Takeaways The crypto lending and trading platform Vauld announced Monday that it had paused customer withdrawals due to severe financial challenges. The Singapore-based startup also said that it h...
Coinbase-Backed Lending Platform Suspends Withdrawals, Looking to Restructure
The cryptocurrency market downturn continues taking its toll, and lending companies are feeling the heat across the board. Another crypto lender to cease transactions is Vauld. According to a blog pos...
After Vauld Suspends Withdrawals, These Crypto Exchanges Could Be Next
Indian and Singaporean firm Vauld is the latest in a growing list of crypto exchanges to suspend their operations in the face of a market crash. The exchange- which is exposed to Indian and Singapore...
Singapore crypto exchange freezes withdrawals
Crypto contagion claims another casualty. In a statement, Singapore-based crypto exchange Vauld has made the “difficult decision to suspend all withdrawals, trading and deposits on the Vauld platform ...
Singapore Based Exchange Vauld Suspends Withdrawals Citing Volatility
Cryptocurrency exchange Vauld on Monday informed it had suspended all withdrawals, trading and deposits on its platform with immediate effect. The Singapore-based company said it was exploring restruc...
KuCoin CEO Quashes Rumours of FUD as its Exchange Might Halt Withdrawals
Over the weekend, the Chief Executive Officer of KuCoin Exchange Johnny Lyu allayed all Fears, Uncertainties, and Doubts (FUD) related to rumours spreading on Twitter as the trading platform may halt ...
Voyager Digital Suspends Crypto Trading, Deposits, And Withdrawals
Voyager Digital, a cryptocurrency brokerage firm, announced last Friday that it has suspended all customer trading, deposits, withdrawals and loyalty rewards. “This was a tremendously difficult ...
Three Arrows Capital Files for Bankruptcy, Voyager Suspends Deposits and Withdrawals, Zigazoo Raises $17 Million to Grow Its Web3 Presence
Three Arrows Capital, also known as 3AC, has filed for bankruptcy in the United States. The Chapter 15 bankruptcy was filed in the Southern District of New York on Friday night, just days after 3AC wa...
Crypto Lender Voyager halts all the withdrawals and deposits
The crypto winter has frozen a lot more than market movements. Now, people’s livelihoods are at stake. And just like Sam Bankman-Fried predicted, crypto lending platforms hang by the ropes to stay liq...
KuCoin has no plans to halt cryptocurrency withdrawals
On Saturday, Confederate soldier Lyu, Co-Founder and corporate executive of crypto exchange KuCoin, aforementioned that there was no ‘immense suffer’ from any ‘coin collapse’, no commit to halt withdr...