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Crypto lender Hodlnaut seeks judicial management to avoid forced liquidation
16.8.2022
Singaporean law offers temporary protection against any legal proceedings and claims, which the company believes would provide a breathing space to focus on its recovery plan
Zipmex gets 3 month protection in Singapore amid halted withdrawals
15.8.2022
Troubled crypto exchange Zipmex has time to come up with a restructuring plan by Dec. 2 after halting withdrawals in July
India Freezes Peter Thiel-Backed Vauld’s Crypto and Bank Assets Worth $46 Million
13.8.2022
India’s Enforcement Directorate (ED) has frozen crypto exchange Vauld’s crypto and bank assets worth about INR 370 crore ($46,439,181). Vauld halted deposits and withdrawals last month. The Indian law enforcement agency is reportedly investigating more than 10 cryptocurrency...
Crypto Lender Hodlnaut Pauses Withdrawals — Company Cites Market Conditions, Despite Recent Crypto Rally
8.8.2022
On August 8, the crypto exchange and lending platform Hodlnaut announced that the company has paused withdrawals, token swaps, and deposits. Hodlnaut joins a slew of crypto firms that have frozen withdrawals during the last three months, leaving customers little hope that they will see their funds...
Crypto lending platform Hodlnaut suspends services due to liquidity crisis
8.8.2022
Hodlnaut avoided 3AC exposure and earlier denied ever buying UST, but several reports and on-chain data have shown that the lending firm at one point owned over $150M worth of UST
Nigeria becomes the most crypto-obsessed nation after April crash: Report
8.8.2022
The Google trends data for the popular search terms in 15 countries showed that “Ethereum” searches outscored "Bitcoin" in 14 of them
Singapore High Court Grants Crypto Lender Vauld Temporary Protection From Creditors
3.8.2022
Singapore-based Vauld will have some breathing space after the country’s High Court gave its parent company creditor protection for the next three months. The decision comes as the troubled crypto lending platform seeks acquisition by rival Nexo. Vauld to Have 3 Months for Restructuring,...
Singaporean financial watchdog to consult public on stablecoin regulation
2.8.2022
The financial regulator admits it’s high time to shift the focus from the KYC/AML issues to more nuanced risks, poised by stablecoins
$200M BitGet BTC-USDT protection fund hints at investor-centric trend
1.8.2022
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
FOMO Pay taps Ripple's liquidity solution for treasury management
26.7.2022
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
25.7.2022
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’
22.7.2022
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 Davies did not disclose their whereabouts, but a lawyer who monitored the interview noted the duo is located...
Video Game Giant Square Enix Plans to Drop a Final Fantasy VII NFT Collection in 2023
21.7.2022
According to the non-fungible token (NFT) company Enjin, the firm has inked a deal with the Japanese entertainment conglomerate and leading video game developer Square Enix. The partnership will produce the launch of Final Fantasy VII 25th Anniversary cards and figures on the cross-chain network...
Ex-Coinbase Manager Charged With Insider Trading, Layoffs at Blockchain.Com, KuCoin Raises USD 10M + More News
21.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Ex-Coinbase Manager Charged With Insider Trading, Layoffs at Blockchain.Com, KuCoin Raises USD 10M + More News
Crypto lender Vauld seeks protection against creditors: Report
21.7.2022
The crypto exchange, which is backed by Peter Thiel and Coinbase, halted withdrawals in July following an apparent run on its assets
Crypto Exchange Zipmex Halts Withdrawals Citing Market Conditions, Financial Difficulties of Business Partners
20.7.2022
Cryptocurrency exchange Zipmex has halted withdrawals due to “volatile market conditions, and the resulting financial difficulties of our key business partners.” The exchange operates in Singapore, Australia, Indonesia, and Thailand. Zipmex Pauses Withdrawals Crypto exchange Zipmex...
Singapore's financial watchdog pushes back against Terra and 3AC associations
19.7.2022
According to the MAS managing director, TerraForm Labs, Luna Foundation Guard and Vauld were “not licensed or regulated" by Singapore's financial watchdog
NFT Warning, Bitcoin Mining Academy, Inflation in EU Heats Up + More News
19.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: NFT Warning, Bitcoin Mining Academy, Inflation in EU Heats Up + More News
Singapore Considers Imposing New Restrictions on Crypto Trading
6.7.2022
The Monetary Authority of Singapore (MAS) has told Parliament that the central bank is considering imposing additional restrictions on cryptocurrency trading. They include “placing limits on retail participation, and rules on the use of leverage when transacting in cryptocurrencies.”...
Singapore's financial watchdog considers further restrictions on crypto
4.7.2022
The Monetary Authority of Singapore may consider “placing limits on retail participation” for investors, as well as introduce rules on the use of leverage for crypto transactions