Authorities in Thailand are reportedly planning to amend regulations and authorize the country’s central bank to tighten oversight of cryptocurrency and digital assets. “Right now, the central bank has no room to enter into the regulatory framework except for notifying that cryptos are not a...
Yet another crypto lender announced that it has frozen withdrawals, leaving customers potentially facing steep losses. While details are scant, the Singapore-based lending platform Hodlnaut may have had exposure to both the Terra/LUNA algorithmic stablecoin, which collapsed in May after a weeklong $48 billion run,...
Zipmex is seeking bankruptcy protection in Singapore, the Thailand-based cryptocurrency exchange said Wednesday (July 27). “This helps protect Zipmex against third-party actions, claims, and proceedings while it is active, and enables the team to focus all our efforts on resolving the liquidity situation, without having...
Despite the Chicago Board of Options Exchange’s volatility index showing a lack of investor anxiety ahead of the Federal Reserve rate increase, bitcoin was down 3.5% in the 24 hours leading up to Monday (July 25) afternoon. The top cryptocurrency was selling at almost $21,900,...
December 18, 2022
Thai crypto exchange Zipmex is headed to court after suspending withdrawals earlier this year. According to a document posted on its website Saturday and titled “Update on Moratorium Applications in Singapore,” the company said it will be in court in Singapore Friday (Dec. 23) for a hearing on its “application for super-priority for rescue financing.” […]
August 10, 2022
Authorities in Thailand are reportedly planning to amend regulations and authorize the country’s central bank to tighten oversight of cryptocurrency and digital assets. “Right now, the central bank has no...
July 28, 2022
Zipmex is seeking bankruptcy protection in Singapore, the Thailand-based cryptocurrency exchange said Wednesday (July 27). “This helps protect Zipmex against third-party actions, claims, and proceedings while it is active, and...
July 25, 2022
Despite the Chicago Board of Options Exchange’s volatility index showing a lack of investor anxiety ahead of the Federal Reserve rate increase, bitcoin was down 3.5% in the 24 hours...
