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22.07 - 15:25
Crypto Conversations: Decoding the recent spate of crypto firms pausing withdrawals
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Against a backdrop of declining cryptocurrency prices and increasing customer withdrawals, the Singapore-based crypto firm Vauld joined an increasing list of crypto-based entities halting withdrawals and even trading, with the company admitting, on July 4, to be facing financial challenges brought upon by the existing volatile market conditions. This follows news of crypto firms such as Celsius, Voyager, Terraform Labs, and the hedge fund Three Arrows Capital (3AC) having either suspended all trading activity or even declared bankruptcy, as is...
Read more on moneycontrol.comAbout this in other media
Top Cryptocurrency News on July 21: Tesla sells bitcoin holdings, Zipmex suspends withdrawals and more moneycontrol.com /2 years ago
Crypto firms facing insolvency 'forgot the basics of risk management' — Coinbase cointelegraph.com /2 years ago
Coinbase says it has no exposure to collapsed crypto firms Celsius, 3AC and Voyager cnbc.com /2 years ago
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