Today news
About the same in other media
Peter Thiel, Coinbase-backed crypto lender suspends withdrawals
Reading now: 620
fnlondon.comA cryptocurrency lender backed by Peter Thiel and Coinbase suspended withdrawals, trading and deposits on its platform, citing volatile market conditions and financial difficulties facing key business partners.
The platform, Vauld, said on 4 July that it froze operations after users pulled almost $200m over the last three weeks. A sharp decline in cryptocurrency prices that began with the collapse of two cryptocurrencies in May has spooked traders and caused knock-on effects in the digital asset world.
Crypto...
Read more on fnlondon.comAbout this in other media
Crypto Lender Celsius Defends Bitcoin Mining Plans Despite Bankruptcy Filing ndtv.com /1 year ago
Celsius Network Reveals $1.19 Billion Hole In Crypto Lender's Bankruptcy Protection Filing ndtv.com /1 year ago
Crypto lender Celsius Network reveals $1.19 bln hole in bankruptcy filing economictimes.indiatimes.com /1 year ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
