Vauld
Vauld provided lending services in addition to serving as an exchange leaving it particularly vulnerable to the market shocks. Whether youre an advanced user with a professional trading interface in mind or a middle-of-the-road user who shies away from complicated terms and.
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- Borrow crypto up to a loan-to-value ratio of 6667 and pay it back anytime.
. Billions of dollars of value have been wiped. - Buy and Sell 30 cryptocurrencies and tokens including. Bathija said Vauld is open to potential options such as restructuring.
Vauld enables customers to earn industrys highest interest rates on major cryptocurrencies On its website it says it offers 1268 annual yields on staking several so-called stablecoins. 11 hours agoVauld intends to apply for a moratorium in the Singapore courts to get a breathing space to carry out the proposed restructuring exercise Vauld further said. 10 hours agoVauld a crypto lender backed by Coinbase Inc said it suspended withdrawals and hired advisers to explore a potential restructuring as fallout from the slump in.
9 hours agoVauld said that depositors had withdrawn nearly 200 million in the weeks leading up to this decision. Vauld said that this has happened primarily due to rising financial challenges despite its best efforts. 6 hours ago41 Mins Ago.
Suspended withdrawals trading and deposits on its platform citing. The company said it would apply for a moratorium in Singapore against any potential litigation against it. The company laid off 30 of its workforce 10 days ago and today announced that it has halted customer withdrawals.
Darshan Bathija Vaulds co-founder and CEO in a blog post on the companys website talked about the financial difficulties of business partners and customer withdrawals in excess of 1977. The company laid off 30 of its staff last month similar to global crypto. Crypto trading and lending platform Vauld on Monday announced it.
Vauld the Coinbase-backed Indian cryptocurrency exchange said on Monday it is suspending all withdrawals trading and deposits as it battles financial challenges. 7 hours agoVauld was founded in March 2018 and had generally enjoyed life in the crypto lending game surviving the 2018-19 bear market but it seems that the current turndown is proving too much. Founded in 2018 by Bathija and Sanju Kurian Vauld provides a suite of products to crypto investors including fixed deposits and asset-backed lending and borrowing platforms.
3 hours agoA cryptocurrency lender backed by Peter Thiel and Coinbase Global Inc. 3 hours agoCustomers have withdrawn over 1977 million since June 12. - Earn up to 1268 APY on Crypto Fixed Deposits.
10 hours agoBacked by Coinbase Vauld is the first crypto exchange in India to officially be impacted by the markets recent downturn. Singapore-based Vauld on Monday became the latest cryptocurrency platform to pause customer withdrawals as a result of the nascent markets steep decline over the past month telling customers it. 9 hours agoVauld has seen withdrawals of around 198 million since June 12 the day when the downturn in crypto markets began to come to a head with crypto lender Celsius pausing withdrawals on its platform.
With Vauld taking control of your financial future is as simple as depositing and earning. 10 hours agoCryptocurrency exchange Vauld has suspended its operations including withdrawals trading and deposits on its platforms the company said in a statement on Monday June 4. Vauld is a crypto platform that is built and designed for all types of crypto customers.
SINGAPORE REUTERS - Singapore-based crypto lending and trading platform Vauld said on Monday Jul 4 that it would suspend withdrawals and trading and seek new investors the latest. It raised 25 million in a Series A funding round led by Peter Thiels Valar Ventures in July last. In a blog posted on the exchanges official website.
6 hours agoVauld is the latest victim of the cryptocurrency price plunge this year that has exposed flaws in a number of digital coin projects and business models. 8 hours agoVauld CEO Darshan Bathija said in a blog post that it was facing financial challenges due to the volatile market conditions the financial difficulties of our key business partners inevitably. - Trade on a massive order book while earning interest.
The suspension has been in force with immediate effect Vauld. - Borrow up to an LTV of 6667 and pay back anytime. 10 hours agoFounded in 2018 by Bathija and Sanju Kurian Vauld provides crypto lending and deposit products.
- Earn upto 1268 APY on your Crypto Fixed Deposits. - Trade on a massive order book while earning interest on your tokens. - Buy and Sell 250 cryptocurrencies and tokens including BTC ETH XRP and DOGE using fiat currencies at the best rates in the.
ET reported on June 21 that the collapse of Terras blockchain native token Luna - which reportedly erased 40 billion from the crypto market - has had a cascading effect. 11 hours agoVauld a KYC compliant crypto exchange operating in India has suspended all withdrawals deposits and trading citing financial challenges.
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