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Crypto Lender Vauld Suspends Withdrawals, Company Is Discussing ‘Restructuring Options’ With Advisors

July 4, 2022 by DIGIT

On July 4, the crypto lending company Vauld announced it suspended withdrawals, trading, and deposits after disclosing the firm is “facing challenges.” While not naming any specific companies, the Singapore-based cryptocurrency lending platform and exchange mentioned “financial difficulties” stemming from “key business partners.” Vauld Suspends Withdrawals Over ‘Financial Difficulties’ During the last 30 days, a … Read more

Categories 30% layoffs, 3AC, Bankruptcy, bankruptcy proceedings, Blockfi’s co-founder, celsius, Coinbase Ventures, deposits, Divi Labs, financial advisors, Increased Withdrawals, Insolvency, key business partners, legal advisors, market climate, News, Nick Saponaro, Non Custodial, non-custodial solutions, operations freeze, Pantera Capital, restructuring, restructuring options, Singapore courts, Three Arrows Capital (3AC), trading, Valar Ventures, Vauld platform, Vauld’s Twitter account, voyager, Withdrawals, zac prince


Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$87,535.00-0.01%
  • ethereumEthereum(ETH)$2,938.430.31%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$858.452.05%
  • rippleXRP(XRP)$1.86-0.05%
  • usd-coinUSDC(USDC)$1.000.02%
  • solanaSolana(SOL)$123.67-0.17%
  • tronTRON(TRX)$0.2848520.31%
  • staked-etherLido Staked Ether(STETH)$2,936.120.27%
  • dogecoinDogecoin(DOGE)$0.123157-0.19%