Vauld
9 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. 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 month telling customers it.
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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.
. 9 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advisers to explore a potential restructuring as fallout from the slump in. 8 hours agoVauld said that depositors had withdrawn nearly 200 million in the weeks leading up to this decision. Vauld was established to provide users financial freedom away from the restrictions of banks and governments.
10 hours agoVauld a KYC compliant crypto exchange operating in India has suspended all withdrawals deposits and trading citing financial challenges. Indian crypto exchange Vauld has suspended trading deposits and withdrawals on its platform citing financial challenges amid the markets recent. 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 provided lending services in addition to serving as an exchange leaving it particularly vulnerable to the market shocks. 5 hours ago41 Mins Ago. 9 hours agoVauld laid off 30 of its staff last month.
They provide a holistic banking system for your assets. Vauld a Singapore-headquartered crypto lending and exchange startup has suspended withdrawals trading and deposits on its eponymous platform with immediate effect as it navigates financial. Vauld said it is.
The company said it would apply for a moratorium in Singapore against any potential litigation against it. SINGAPORE REUTERS - Singapore-based crypto lending and trading platform Vauld said on Monday Jul 4 that it would suspend withdrawals and trading and seek new investors the latest. In a blog posted on the exchanges official website.
Vauld CEO Darshan Bathija. 6 hours agoVauld Impacted by Three Arrows Capital Default. A user-friendly interface helps beginners to get started.
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. 8 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. 2 hours agoCustomers have withdrawn over 1977 million since June 12.
5 hours 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. Crypto trading and lending platform Vauld on Monday announced it.
2 hours agoVauld denied having any connection to Three Arrows Capital and the insolvent cryptocurrency lender Celsius in a statement on 16 June. 2 hours agoVauld is exploring a possible restructuring after becoming the latest crypto platform to freeze services. Bathija said Vauld is open to potential options such as restructuring.
The suspension has been in force with immediate effect Vauld. The decision came as the platform was facing financial. I am a bit surprised they are keeping it a secret and not being more.
When cryptocurrency lending platform Celsius froze user accounts amid a. At the time it claimed that it continues to function as usual notwithstanding tumultuous market conditions However based on the aforementioned statement its clear that the firm is now doing a 360. They provide a store of value capital growth easy spending and exchange of cryptocurrencies.
Vauld said that this has happened primarily due to rising financial challenges despite its best efforts. In conclusion Vauld assists you in managing your crypto assets seamlessly. The company laid off 30 of its workforce 10 days ago and today announced that it has halted customer withdrawals.
I am friends with some people at Vauld and was told that they laid off more than 20 of their staff yesterday. 8 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 crypto lender Celsius pausing withdrawals on its. 10 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.
That is too bad as they had a really nice app and most things worked fairly smooth outside of the sometimes delayed deposits and withdrawals.
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