Articles filed under
Vauld
11 articles
Okto pledges US$5 mln to support Vauld users
The US$5 million fund aims to help Vauld users who can’t withdraw their assets from the platform.
Singapore court extends crypto lender Vauld’s creditor protection to Feb. 28
The Singapore High Court has extended the creditor protection period for crypto lender Vauld to Feb. 28, as the firm has yet to come up with a revival plan
India authorities freeze Vauld exchange’s assets worth $46.5 mln
India’s Enforcement Directorate (ED), the country’s economic crime unit, on Thursday froze 3.70 billion rupees (US$46.5 million) in assets at the struggling cryptocurrency exchange Vauld, local media reported citing unnamed sources. See related article: India crypto traders try to dodge fallout from WazirX woes, spat with Binance Fast facts The move comes days after the […]
Flippening ahead?; NFT sales fall again
Is the flippening coming soon? And NFT sales drop 25% in July as the crypto winter continues.
Singapore court gives Vauld parent three-month protection from creditors
Defi Payments, the parent company of troubled Singapore-based crypto exchange Vauld, received court approval to protect the platform from potential lawsuits for three months. See related article: Singapore crypto lender Vauld reportedly owes retail investors US$363 million Fast facts See related article: Zipmex seeks moratorium from creditors in Singapore court
Creditors take hostile action as crypto firm Vauld seeks bankruptcy protection
Crypto lender Vauld, which halted withdrawals earlier this month, is facing hostile action from multiple creditors, according to a new affidavit reviewed by Moneycontrol. See related article: Nexo in talks to buy out Vauld Fast facts As per the affidavit, Vauld has received two demand letters and two civil claims from four creditors. One of […]
Tesla’s Bitcoin bump; Zipmex freezes withdrawals
Bitcoin drops after Tesla sells 75% of its bitcoin holdings. Meanwhile, South Korean authorities raid 15 companies as part of their Terra Luna investigations.
Singapore crypto lender Vauld reportedly owes retail investors US$363 million
Singapore-based Vauld owes creditors US$402 million, with 90% of the debt owed to individual investors, according to a document filed to Singapore’s High Court on July 8 by Vauld co-founder and CEO Darshan Bathija, The Block reported. See related article: Crypto trading volumes dip to 18-month low amid bear market Fast facts The troubled crypto […]
Vauld buyout talks; Celsius fights against bankruptcy
Crypto exchange Vauld is in buyout talks with Nexo. Meanwhile, other exchanges are in a fight against bankruptcy as Celsius pushes on despite short squeeze.
Nexo in talks to buy out Vauld
Nexo said it plans to not only protect Vauld’s existing customer base but also to give them access to an improved range of services. See related article: Celsius repays debts, cuts jobs amid bankruptcy fears Fast facts Nexo said it signed an indicative term sheet with Vauld that grants it a 60-day exclusive exploratory period […]
MAS mulls crypto limits; Pacquiao’s Pacman NFTs
Singapore’s monetary authority mulls on crypto limits. Meanwhile, Manny Pacquiao drops his NFT collection despite the crypto winter.