Auto Added by WPeMatico

Singapore High Court Grants Crypto Lender Vauld Temporary Protection From Creditors

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…

Continue ReadingSingapore High Court Grants Crypto Lender Vauld Temporary Protection From Creditors

Thailand’s Oldest Lender Delays Bitkub Exchange Acquisition Amid Tighter Crypto Rules

The company that owns Thailand’s Siam Commercial Bank has postponed a deal to acquire a majority stake in Bitkub, the country’s largest cryptocurrency exchange. The decision comes amid tightening crypto…

Continue ReadingThailand’s Oldest Lender Delays Bitkub Exchange Acquisition Amid Tighter Crypto Rules

Crypto Lender Nexo Moves Forward With Plan to Acquire Troubled Rival Vauld

Leading cryptocurrency lender Nexo has offered to buy distressed competitor Vauld, which halted operations in the face of financial difficulties. The proposal comes after the Singapore-based company said it was…

Continue ReadingCrypto Lender Nexo Moves Forward With Plan to Acquire Troubled Rival Vauld

Twitter User Accuses Nexo of Embezzlement Through Charity, Crypto Lender Denies Allegations

A Twitter account has accused the Bulgarian co-founders of the Swiss-based cryptocurrency lender Nexo of misappropriating funds from a charity platform. The company has rejected the allegations in the anonymous…

Continue ReadingTwitter User Accuses Nexo of Embezzlement Through Charity, Crypto Lender Denies Allegations