Crypto exchange Zipmex, which operates in Thailand, Indonesia, Singapore and Australia, released a statement this week denying reports that it has filed for bankruptcy and announcing its progress in r...
Tag: Zipmex
Zipmex aims to slowly reinstate withdrawals of certain altcoins
Crypto platform Zipmex, which froze withdrawals on July 20, is gradually resuming withdrawals from its Z wallet, according to an Aug. 1 blog post. The firm had resumed withdrawals from its Trade walle...
Zipmex Will Enable Withdrawals for SOL, XRP, and ADA
Key Takeaways Zipmex has announced that it will re-enable withdrawals for three cryptocurrency tokens over the coming week. Solana (SOL) will be available starting today, while Ripple (XRP) and Cardan...
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...
Zipmex Files for Bankruptcy after a Week of Rumors
The company revealed that it was facing challenges beyond its control after withdrawal was paused on its platform on July 20. Zipmex, a Thailand-based crypto exchange, has in a recent update disclosed...
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 Files for Bankruptcy P…
The Southeast Asian cryptocurrency exchange Zipmex has filed for bankruptcy protection in Singapore, becoming the latest victim of the market downturn in digital assets. Zipmex resumed withdrawals las...
Zipmex Files For Bankruptcy After Halting Withdrawals Last Week
Applications for moratoriums were filed in Singapore on July 22 by the firm. On July 20, Zipmex temporarily halted all trading and withdrawals on its exchange. According to a corporate update released...
Crypto Exchange Zipmex Goes Bankrupt – Who’s Next To Fall?
After weeks of rumors, cryptocurrency exchange Zipmex said that it had filed for bankruptcy protection in Singapore in response to mounting legal threats from creditors. The Thailand-based crypto exch...
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...
Thailand SEC collects data on losses suffered by Zipmex users
The Thailand Securities and Exchange Commission (SEC) has expressed concerns over the losses suffered by some users of the Zipmex exchange after the platform temporarily halted withdrawals and several...
SEC of Thailand Opens Inquiry Into Zipmex Over Withdrawal Halt
Exchange News The SEC is soliciting input from affected Zipmex customers. Zipmex executives have said that they are prepared to comply with the regulator’s request. Zipmex, a Southeast Asian cryptocur...
Thai SEC is Gathering Data on Losses Incurred by Zipmex Users
Thailand’s Securities and Exchange Commission (SEC) is concerned that some Zipmex users may have lost funds after the exchange briefly halted withdrawals and other services last week due to extreme ma...
Zipmex says it received rescue offer after talks with ‘interested parties’
Zipmex, an embattled South Asian crypto exchange, said it has received an offer regarding a potential rescue deal. In a Twitter post today, the exchange discussed the possibility of a bailout, noting...
Amid Halted Transactions, Zipmex Says It Is Mulling Over Possible Offers For Due Diligence – Coinpedia – Fintech & Cryptocurreny News Media
Zipmex, a Singapore-based Crypto exchange with operations in Thailand as well, is a digital asset exchange that recently encountered financial difficulties. On Thursday, the exchange halted all its w...
Thailand Regulator To Investigate Losses Faced By Zipmex Users
Zipmex, a cryptocurrency exchange that mainly operates in Southeast Asian nations recently halted its withdrawals affecting many investors. However, Thailand’s Securities and Exchange Commission has l...
Thai SEC launches digital hotline for Zipmex users
In the aftermath of the Thai cryptocurrency exchange Zipmex stopping withdrawals last week, local financial regulators are stepping in to look into potential losses by investors. Thailand’s Securities...
Struggling Zipmex exchange in negotiations over a buyout offer
Singapore-based crypto exchange Zipmex said it had obtained a memorandum of understanding from an unnamed party interested in buying the company. ? Important Announcement ?Our conversations with vario...
Distressed Crypto Exchange Zipmex in Talks With ‘Interested Parties’ Regarding a Possible Deal
The Thailand-based cryptocurrency trading venue – Zipmex – might solve its issues with the help of a future partner. The exchange, which halted withdrawals last week, has discussed its situation with ...
It is in Talks with “Interested Parties” for Bailout, Says Zipmex
Zipmex, a cryptocurrency trading platform, is looking ahead as it has confirmed that it is in talks with interested parties who would like to bail out the platform from its recently identified woes. ...
Asian Exchange Zipmex Considers Possible Acquisition Queries
Beleaguered crypto exchange Zipmex touted a possible acquisition offer by one of many interested parties. The exchange, which serves clientele in Singapore and Thailand, added on Sunday, July 24, 2022...
Zipmex reopens withdrawals from trading wallets
Zipmex announced it has resumed withdrawals from its Trade Wallets, two days after the platform paused the feature. Zipmex uses two types of wallets to manage their assets. The first is called a Trad...
Zipmex resumes withdrawals for trade wallets
Cryptocurrency exchange Zipmex has resumed withdrawals from its trade wallet after two days, but said transfers, deposits and trade will continue to be disabled from its Z Wallet. In a Friday announce...
Crypto Exchange Zipmex Suspends Withdrawals To Cushion Market Volatility
Thai cryptocurrency exchange Zipmex has suspended withdrawals on its platform, with the exchange citing a “combination of circumstances beyond its control” as the reason for the decision. Coinbase’s P...
Singapore’s Crypto Exchange Zipmex Restricts Withdrawal till Friday
Zimpex has announced the extension of the suspension of withdrawal till Friday The time of resuming the withdrawals is not specified yet. On Thursday, Zipmex announced to extend its suspension of with...
Zipmex Confirms $53M Exposure to Celsius and Babel Finance
Singapore-based crypto exchange Zipmex declared on Thursday that it has a total of $53 million worth of funds in exposure to crypto lenders Celsius Network and Babel Finance. The latest development co...
Asian Crypto Exchange Zipmex Re-enables Client Withdrawals
Exchange News The exchange said on Wednesday that it had halted all withdrawals. Trade wallet deposits and withdrawals will begin at 17:00 UTC today. Zipmex is preparing to reopen withdrawals and depo...