Published 2 years ago

Singapore-based crypto lender Vauld suspends withdrawals

Summary by Ground News

Vauld, a Singapore-headquartered crypto lending startup, has suspended withdrawals, trading and deposits on its eponymous platform with immediate effect. The announcement follows Vauld cutting its workforce by 30% two weeks ago.

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Times of India

Crypto-trading platform Vauld suspends operations

The decision comes amid a broader volatility in the cryptocurrency market and as the platform faces financial challenges. Vauld is looking at a potential restructuring.

2 years ago·India

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News18 India

Crypto exchange Vauld stopped all trading activities, also prohibits deposit-withdrawal, Indians' money got stuck

Singapore-based crypto exchange and Indian startup Wald (Vauld) on Monday said that it has stopped trading activity on its platform with all types of deposit withdrawals. Wald said that the drastic decline in crypto and the tightening of regulations in India has significantly affected the trading values.

2 years ago·India

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Reuters

Singapore-based crypto lender Vauld suspends withdrawals

Singapore-based crypto lending and trading platform Vauld said on Monday it would suspend withdrawals and trading and seek new investors, the latest sign of stress in the embattled crypto industry.

2 years ago·United Kingdom

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CNBC

Another crypto lender Vauld pauses withdrawals as market crash takes its toll

Vauld is the latest victim of the cryptocurrency price plunge this year that has exposed flaws in a number digital coin projects and business models.

2 years ago·United States

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Channel News Asia

Singapore-based crypto lender Vauld suspends withdrawals

HONG KONG: Singapore-based crypto lending and trading platform Vauld said on Monday (Jul 4) it would suspend withdrawals and trading and seek new investors, the latest sign of stress in the embattled crypto industry. Vauld CEO Darshan Bathija said in a blog post that it was facing "financial challenges" du

2 years ago·Singapore

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Bangkok Post

Crypto lender Vauld freezes withdrawals, eyes restructuring

Vauld, a crypto lender backed by Coinbase Inc, said it froze withdrawals and hired advisers to explore a potential restructuring, joining rivals from Celsius Network to Babel Finance in resorting to last-ditch measures to survive the market rout.

2 years ago·กทม, Thailand

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