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The Singapore Supreme Court has placed a moratorium on crypto lending platform Vauld until 7 November 2022 instead of the six months requested. He writes about Bloomberg. According to the decision, 147
Cryptocurrency derivatives platform CoinFLEX has announced that a “significant number” of employees from various departments around the world have been laid off. This is stated on the company’s blog. “The personnel and
Crypto financial services provider Babel Finance has lost over $280 million as a result of failed trading decisions with client funds. The Block writes that the calculations were given in the restructuring
Thai cryptocurrency exchange Zipmex has filed a petition with the Singapore court to protect itself from creditors. The moratorium will automatically enter into force for 30 days according to the country’s legislation.
NFT game studio Immutable has reduced its staff to more than 20 employees. Reported by The Block with reference to its own sources. The layoffs have affected about 8% of the company’s
Crypto lending platform Celsius Network has filed a petition to hire former CFO Rod Bolger as an advisor in bankruptcy proceedings. The court will consider the company’s request on August 8. Bolger
Thailand-based cryptocurrency exchange Zipmex has received a bid for a deal in which an unnamed third party will help the company “save” the business. 📢 Important Announcement 📢Our discussions with various interested
Thai cryptocurrency exchange Zipmex has opened the possibility of withdrawing funds from Trade Wallet trading wallets. 📣 Important Announcement📣 The maintenance of the Trade Wallet has ended. Withdrawals for your Business Wallet
In an interview with Bloomberg, Three Arrows Capital founders Su Zhu and Kyle Davis cited overconfidence created by a multi-year bull market as the root cause of the liquidated hedge fund’s collapse.
Exchange and cryptocurrency wallet operator Blockchain.com laid off ~150 employees (~25% of the total) and cut salaries of top executives. Representatives of the company reported this to CoinDesk. The number of employees
