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Troubled Vauld May Be Acquired and Come Under ‘Nexo Umbrella’

5.7.2022
Singapore-based crypto lender Vauld may get acquired by major crypto lender Nexo (NEXO). The news was announced by Vauld CEO Darshan Bathija today, stating that the exchange has signed “an indicative term sheet” with Nexo to buy “up to 100% of Vauld.” The CEO added that, “The completion of this...

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

4.7.2022
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...

Lending Platform Vauld Looks to Restructure Amid Crypto Downturn, Suspends Transactions

4.7.2022
Singapore-based lender Vauld has suspended all withdrawals, trading and deposits on its platform as it looks at restructuring options

Keys lost in the Vauld: Singapore crypto exchange freezes withdrawals

4.7.2022
Not your keys, not your coins. Crypto CeFi lender Vauld has suspended "all withdrawals, trading and deposits."

Blockfi CEO Says FTX Has an ‘Option to Acquire’ Crypto Lender at a Price of up to $240M

3.7.2022
According to Blockfi’s co-founder Zac Prince, the company has signed definitive agreements with the crypto firm FTX and the deal is currently up to shareholder approval. The deal represents a total of $680 million, but Prince also noted that $240 million of that total could be used...

Crypto Turmoil: 3AC Files for Bankruptcy, FTX and BlockFi Agree, Suspensions at Voyager

2.7.2022
Multiple important news reached the market as another week of harsh crypto winter neared its end, providing more clarity on where some major industry players stand.... Read More: Crypto Turmoil: 3AC Files for Bankruptcy, FTX and BlockFi Agree, Suspensions at Voyager

BlockFi announces deal with FTX US, including 'option to acquire' for $240M

1.7.2022
According to CEO Zac Prince, BlockFi signed agreements with FTX US totaling $680 million — for a company that had a $5 billion valuation in June 2021

Crypto Selloff Proves Computer Code Leads To ‘Better Outcome’ Than Human Discretion - Arthur Hayes

1.7.2022
Pure decentralized finance (DeFi) protocols have fared far better than the more centralized crypto lending and borrowing companies during this bear market. This proves that computer code and transparent standards give “a better outcome,” crypto essayist and former BitMEX CEO Arthur Hayes...

Midas․Investments Wants to Bridge the Gap With CeDeFi Strategies

1.7.2022
PRESS RELEASE. Crypto investment platform Midas Investments has reported that it has created an infrastructure that is designed with built-in, automated tools and strategies that don’t require investors to master the nature of trade within the volatile decentralized finance market....

FTX and Ledn Compete for Troubled BlockFi - Reports

1.7.2022
Both major crypto exchange FTX and crypto lender Ledn have reportedly joined the race for a stake in the troubled crypto lender BlockFi. Bloomberg and CNBC reported about the ongoing negotiations between BlockFi and FTX. According to CNBC's undisclosed sources, FTX is close to finalizing a term...

Three Arrows Reprimanded by Singapore, Crypto AUMs at Record Low, N Korean Hackers + More News

30.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________... Read More: Three Arrows Reprimanded by Singapore, Crypto AUMs at Record Low, N Korean Hackers + More News

Lending network enables transparent credit history in Africa via blockchain partnership

29.6.2022
Creditcoin Founder Tae Oh said the partnership brings them closer to their goal of giving the unbanked a fairer shot

British Virgin Islands court reportedly orders to liquidate 3AC

29.6.2022
The order reportedly came on the same date with Voyager Digital issuing a notice of default to 3AC for its failure to pay its 15,250 Bitcoin and 350 million USDC loan

Alkemi Earn integration brings DeFi lending to 1.5M Ledger users

29.6.2022
The objective of the Ledger project is to provide consumers with a way to purchase and use digital assets without giving up control to third-party platforms or systems

Celsius’ Positions are Now Healthier, Three Arrows Capital Was a 'Victim of Contagion' - Nansen

29.6.2022
Troubled crypto lender Celsius (CEL) has managed to improve the health ratio of its on-chain positions since pausing withdrawals, according to blockchain analytics platform Nansen. Meanwhile, they said, the crypto hedge fund Three Arrows Capital (3AC) was the victim of the contagion.... Read More:...

Surprise twist as BlockFi receives Money Services License in Iowa

29.6.2022
Despite a significant fine from Iowa’s regulator just two weeks earlier, BlockFi has scored itself a license in the state

Celsius Stories Littered With ‘People Familiar With the Matter’ Sources, Report Claims Lender Struggles With Arguments Over Bankruptcy

28.6.2022
The embattled crypto lending platform Celsius has kept withdrawals and transfers frozen since June 12 and told the Celsius Network community that the “process will take time.” Since then, Celsius users are wondering why they are still receiving weekly rewards, and reportedly...