Tag: cryptocurrency market

‘Invested all my family’s lifetime savings’: Users panic as Vauld suspends crypto withdrawals

‘Invested all my family’s lifetime savings’: Users panic as Vauld suspends crypto withdrawals

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“I have 25 Bitcoin in Vauld. I have invested all my family’s lifetime savings,” John Mayer, 37, a US-based Vauld user told indianexpress.com during a conversation on a social media website. Mayer is among the many investors who are now desperately looking for relief after Vauld, a popular crypto lending platform, suspended its withdrawals and […]

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Crypto markets may pose risks to wider financial stability, ECB warns

Crypto markets may pose risks to wider financial stability, ECB warns

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Cryptocurrencies will pose a risk to financial stability if the emerging sector maintains its rapid growth of the last two years and financial firms deepen their involvement, the European Central Bank (ECB) said on Tuesday. The crypto market slumped sharply this month after the downfall of major “stablecoin” terraUSD. The crash has led to calls […]

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