Business

Singapore-based lender Vauld has suspended all withdrawals, trading and deposits on its platform as it looks at restructuring options. Source link

Withdrawals are still paused and the company has hired restructuring experts as it faces a financial crisis. Source link

The app developer had bought BTC 940.89 and ETH 31,000 in spring of 2021. Source link

Major crypto exchanges reported that consumers purchased up to three times as many stablecoins on Sunday as they usually do amid a brewing economic crisis. Source link

That’s not good. Normally, if these companies were private, they would be trying to figure out how to survive. Take Coinbase for instance. It has been around since 2012, and so it has survived multiple bear markets. But this time around,…

Community investing protocol BnkToTheFuture put forth three proposals in a bid to save Celsius from going under. Source link

Cryptocurrency staking and yield generation platform Finblox increased a $1,500 cap on withdrawals as it deals with the fallout from its exposure to Three Arrow Capital. Source link

Stablecoin issuer Tether has cut its holdings of commercial paper by 58% to $8.5 billion, with a further reduction to $3.5 billion expected at the end of the month as it seeks to tackle speculation about the quality of support for its…

Las pruebas de NFTs en Facebook siguen a una serie de integraciones piloto en Instagram que sucedieron en mayo. Source link

Babel is in the process of signing an engagement letter with the investment banking firm, a source said. Source link