Singapore-based lender Vauld has suspended all withdrawals, trading and deposits on its platform as it looks at restructuring options. Source
Lending Platform Vauld Looks to Restructure Amid Crypto Downturn, Suspends Transactions
Month: July 2022
Solana DeFi Protocol Crema Loses $8.8M in Exploit
The attacker started by creating a fake tick account. A tick account is “a dedicated account that stores price tick data in CLMM,” the developers said, referring to Crema’s market making protocol. After that, the attacker exploited a command by writing the data on the fake account and circumventing security measures. Source
Singapore crypto exchange freezes withdrawals
Crypto contagion claims another casualty. In a statement, Singapore-based crypto exchange Vauld has made the “difficult decision to suspend all withdrawals, trading and deposits on the Vauld platform with immediate effect.” In what appears to be a run on the crypto bank, the group intends to “apply to the Singapore courts for a moratorium,” as Vauld customers have tried to withdraw an “excess of a $197.7 million since 12 June 2022.” The decision to suspend withdrawals is a screeching U-turn. Reportedly, Vauld boasted $1 billion assets under management in May this year,…
Software Firm Meitu Lost Up to $52.3M in H1 Due to Slide in Crypto Prices
CryptoX – Cryptocurrency Analysis and News Portal The app developer had bought BTC 940.89 and ETH 31,000 in spring of 2021. Source The post Software Firm Meitu Lost Up to $52.3M in H1 Due to Slide in Crypto Prices appeared first on CryptoX. CryptoX Portal
Solana (SOL) Stuck Below $33 In Past Days As Bearish Pressure Still Intact
The price of Solana (SOL) has been unable to break out of a tight range between $32 and $33 during the past few days. As of this writing, SOL is trading at $32.72, down 16.5% in the last seven days – and around the same level it was trading Friday, data from Coingecko show, Monday. According to analysts, the lack of price movement in Solana suggests that the market is uncertain about the direction of the cryptocurrency. Suggested Reading | Litecoin (LTC) Drops Below $50 After Consistent Bearish Squeeze Solana…
Why new investors are bullish on cryptocurrency
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Newer investors are more likely to own cryptocurrencies. CNBC’s Kate Rooney reports on the rise of their digital asset ownership. For access to live and exclusive video from CNBC subscribe to CNBC PRO: There’s something different about the flood of new investors who entered the market in the last 18 months. They are younger, more diverse, use technology to make trades and turn to social media to learn about investing and research investment ideas, a new CNBC/Momentive Invest in You survey found.…
ViaBTC’s Sixth-Anniversary Events Come to a Successful End, Bringing Tens of Thousands of Users to a Crypto Carnival
As the official event “Collect Cards to Share $50,000 Bonus” ends on ViaBTC’s website, the sixth-anniversary events that lasted for more than 40 days are drawing to a close. During this period, ViaBTC has celebrated its sixth-birthday along with tens of thousands of crypto enthusiasts, sharing joy and expressing gratitude to those who have stood by, believed in, and supported ViaBTC for the past six years. Were you reminded of the beautiful moment when you first met ViaBTC in the event “Share Your ViaBTC Memories”? ViaBTC’s story started in June…
‘Wild ride’ lower for BTC? 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week still in holiday mode with United States financial markets off for Independence Day. The largest cryptocurrency, stuck below the increasingly daunting $20,000 mark, continues to feel the pressure from the macro environment as talk of lower levels remains omnipresent. After a quiet weekend, hodlers find themselves stuck in a narrow range while the prospect of a breakout to the upside appears increasingly hard to believe. As one trader and analyst singles out July 4 as the site of a “wild run to the downside”…
‘Wild ride’ lower for BTC? 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week still in holiday mode with United States financial markets off for Independence Day. The largest cryptocurrency, stuck below the increasingly daunting $20,000 mark, continues to feel the pressure from the macro environment as talk of lower levels remains omnipresent. After a quiet weekend, hodlers find themselves stuck in a narrow range while the prospect of a breakout to the upside appears increasingly hard to believe. As one trader and analyst singles out July 4 as the site of a “wild run to the downside”…
VOYAGER DIGITAL STOPS WITHDRAWALS AND TRADING
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Today Voyager Digital $VGX announced they are stopping all services with includes trading, depositing, and withdrawing. And Voyager is shutting down their debit card also. 🟪Buy Bitcoin & Crypto with IRA/401k w/ItrustCapital ($100 Bonus) 📊Buy Bitcoin & Crypto w/Bitget (No KYC and up to $8000 Bonus) 💳Get a Blockfi Bitcoin Reward (1.5% Back in BTC) Credit Card: 🚧Buy Crypto Domain Names w/ Unstoppable Domains: 🔒Safeguard Your Bitcoin and Crypto w/ Ledger Hardware Wallet 💰Earn Interest and DCA Crypto w/ Vauld: 🚨Protect Yourself…