Singapore – Page 15

Embattled Crypto Lender Hodlnaut Seeks Judicial Management in Order to Rehabilitate the Company

Eight days ago, the crypto lender Hodlnaut announced that the platform was suspending withdrawals after citing volatile market conditions. This week the company says it is seeking judicial management that aims to “provide the best chance of recovery.” Hodlnaut Updates Customers — Crypto Lender Asks Singapore High Court for Judicial Management The crypto lender Hodlnaut […]

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Crypto lender Hodlnaut seeks judicial management to avoid forced liquidation

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.

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Zipmex gets 3 month protection in Singapore amid halted withdrawals

Troubled crypto exchange Zipmex has time to come up with a restructuring plan by Dec. 2 after halting withdrawals in July.

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Crypto Lender Hodlnaut Pauses Withdrawals — Company Cites Market Conditions, Despite Recent Crypto Rally

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 again. Well before Hodlnaut’s withdrawal pause, the Terra […]

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Crypto lending platform Hodlnaut suspends services due to liquidity crisis

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.

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Nigeria becomes the most crypto-obsessed nation after April crash: Report

The Google trends data for the popular search terms in 15 countries showed that “Ethereum” searches outscored “Bitcoin” in 14 of them.

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Singapore High Court Grants Crypto Lender Vauld Temporary Protection From Creditors

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, Due Diligence by Nexo The Singapore High Court has granted the […]