Asian crypto lender Vauld has been granted a three-month moratorium by the Singapore High Court to continue to explore its options, The Block reported on Monday, citing sources with knowledge of the matter. The court granted a … Read more
KEY POINTS Voyager commenced bankruptcy proceedings in the U.S. Bankruptcy Court for the Southern District of New York on Tuesday. The company suffered huge losses from its exposure to crypto hedge fund Three Arrows Capital, which … Read more
KEY POINTS Nexo has signed a term sheet with Vauld giving it 60 days of exclusive talks to explore an all-equity acquisition of the company. If successful, Nexo said it plans to restructure the company … Read more
Key Points: Crypto lender Vauld on Monday paused all withdrawals, trading and deposits on its platform and is exploring potential restructuring options, the company said. Vauld said it is facing “financial challenges” due to “volatile market conditions” … Read more