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…
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$200M BitGet BTC-USDT protection fund hints at investor-centric trend
Bitget’s reasoning behind using a combination of a stablecoin and Bitcoin in the protection fund is to counter massive unforeseen volatility in crypto markets.
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 five of its entities, the…
Ripple Joins Forces With Singaporean Fintech Giant to Improve Cross-Border Payments
The blockchain company – Ripple – teamed up with the Singaporean fintech firm – FOMO Pay, aiming to boost its cross-border treasury flows. Ripple’s Latest Partnership As a digital payment…
FOMO Pay taps Ripple’s liquidity solution for treasury management
Ripple has continued to see adoption for its remittance technology from private institutions despite the ongoing lawsuit in the U.S.
The lasting agony of 3AC: Law Decoded, July 18-25
A crypto hedge fund co-founders acknowledge their mistakes, driven by bull market overconfidence.
Three Arrows Capital Founders Speak After Filing Bankruptcy, Exec Says the ‘Whole Situation Is Regrettable’
This week the two co-founders of the embattled cryptocurrency hedge fund Three Arrows Capital spoke to Bloomberg about their fund crumbling at the seams. The co-founders Su Zhu and Kyle…
Cake DeFi Partners With Razer Silver to Further Crypto Adoption Among Gamers
Singapore-based fintech platform Cake DeFi has partnered with Razer Silver, a loyalty rewards program for gamers, to provide them with easy access to various crypto assets, including bitcoin (BTC) and…
Troubled Crypto Firm Vauld Filed for Protection Against Creditors (Report)
One of the worst affected crypto companies by the unpleasant macroeconomic conditions – Vauld – reportedly filed for protection against creditors in Singapore. The process should grant the entity the…
Crypto lender Vauld seeks protection against creditors: Report
The crypto exchange, which is backed by Peter Thiel and Coinbase, halted withdrawals in July following an apparent run on its assets.
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