Latest News for: Singapore base


Singapore-based crypto lender Vauld suspends withdrawals

Yahoo Daily News 04 Jul 2022
HONG KONG (Reuters) - Singapore-based crypto lending and trading platform Vauld said on Monday it would suspend withdrawals and trading and seek new investors, the latest sign of stress in the embattled crypto industry.

Breaking: Singapore Based Crypto Exchange Suspends Withdrawals Citing Volatility

CoinGape 04 Jul 2022
Cryptocurrency exchange Vauld on Monday informed it had suspended all withdrawals, trading and deposits on its platform with immediate effect. The Singapore-based company said it was exploring restructuring options with its financial and legal advisors. Volatile Market Conditions Blamed For Financial Challenges ... ....

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

Bitcoin 04 Jul 2022
The Singapore-based crypto startup added. ... “In recent weeks Celsius, Voyager and now Vauld, a Singapore-based exchange have all suspended trading on their platforms.

Crypto exchange Vauld suspends all transactions due to financial trouble | Mint

Live Mint 04 Jul 2022
Vauld, a Singapore-based crypto exchange, said it has suspended all tradings, withdrawals, and deposits on its platform due to “volatile market conditions" and “financial difficulties" that its business partners are facing, which is now impacting it too ... “We intend to apply to the Singapore courts for a moratorium i.e.

GEODIS completes its acquisition of Keppel Logistics

Fresh Plaza 04 Jul 2022
This transaction consolidates GEODIS' Contract Logistics footprint and e-Commerce fulfillment services in Asia-Pacific and particularly in Singapore. Based in Singapore, Keppel Logistics is a Contract Logistics specialist with close to 500 employees ... Singapore and Asia-Pacific.".

Calvin Seng Co Acquires Cloud-Based ERP Provider Grandeur Pinnacle For An Undisclosed Sum

MENA FN 04 Jul 2022
(MENAFN - EIN Presswire) Calvin Seng Co acquires Grandeur Pinnacle SINGAPORE, SINGAPORE, July 4, 2022 / / -- Calvin Seng Co announced today that it's acquiring Singapore-based ... .

Vauld halts customer withdrawals, exploring restructuring options

Invezz 04 Jul 2022
Vauld has suspended all customer withdrawals, according to an announcement the Singapore-based crypto platform published on Monday ... It also has hired two other firms as legal advisors – Cyril Amarchand Mangaldas in India and Rajah & Tann Singapore LLP in Singapore ... We intend to apply to the Singapore courts for a moratorium i.e ... ....

Vauld halts client withdrawals and hires advisors for potential restructuring

The Block 04 Jul 2022
Vauld, a Singapore-based crypto trading and lending platform with most of its team in India, has become the latest crypto firm to halt customer withdrawals amid the market tumult ... India and Singapore, respectively ... "We intend to apply to the Singapore courts for a moratorium i.e.

[Funding roundup] Kreedo, Bhatia Labs, Airattix, PayCardo raise early-stage capital

Your Story 04 Jul 2022
Launched in January 2019, offers a suite of no-code and subscription-based products and services ... PayCardo raises seed round from Singapore-based MaGEHold. Pune-based startup PayCardo has raised an undisclosed amount of funding in a follow-on seed round from a Singapore-based investment firm MaGEHold.

Crypto lender Vauld freezes withdrawals as crisis deepens

Business Day 04 Jul 2022
The Singapore-based company hired Kroll as financial adviser and Cyril Amarchand Mangaldas and Rajah & Tann Singapore as legal advisers, CEO Darshan Bathija said in a blog post on Monday ... It plans to apply for a moratorium with Singapore courts “so as to give us breathing space to carry out the proposed restructuring exercise”, Bathija said.

S'pore-based crypto lender Vauld suspends withdrawals

Straits Times 04 Jul 2022
July 04, 2022 7.20 PM SINGAPORE (REUTERS) - ...

Crypto Lending Platform Vauld Halts Operations Citing Financial Difficulties

Decrypt 04 Jul 2022
Vauld, a Singapore-based cryptocurrency lending and exchange platform, has halted its operations, citing financial difficulties amid volatile market conditions.

Crypto Lender Vauld Halts Withdrawals As Stress Mounts On Crypto Industry

Bitcoinist 04 Jul 2022
As it navigates “financial challenges,” Vauld, a Singapore-based cryptocurrency lending and exchange firm, has suspended withdrawals, trading, and deposits on its platform ... Related Reading ... The Singapore-based crypto company has employed Cyril Amarchand Mangaldas and Rajah & Tann Singapore LLP as legal and finance counsel, respectively.

Title-chasing Tang ready to back up tough talk 04 Jul 2022
... Le (right) on Aug 26 at Singapore Indoor Stadium ... "China is the birthplace of martial arts and it should play a big role in ONE, given that we're an Asian-based promotion," Chatri Sityodtong, chairman and CEO of the Singapore-based promotion, said earlier this year.

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