Cryptocurrency Binance WazirX India Enforcement Directorate probe money laundering crypto

Cryptocurrency Binance WazirX India Enforcement Directorate probe money laundering crypto

The news comes as Binance’s CEO and WazirX’s CEO had a vocal disagreement on Twitter regarding the ownership of WazirX The news comes as Binance’s CEO and WazirX’s CEO had a vocal disagreement on Twitter regarding the ownership of WazirX After India’s Enforcement Directorate (ED) issued orders to freeze ₹64.67 crores worth of crypto exchange […]

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Vauld users to continue earning interest on their fixed deposits, says CEO Darshan Bathija

Vauld users to continue earning interest on their fixed deposits, says CEO Darshan Bathija

The users of the crypto lending platform Vauld will continue to earn interest on their fixed crypto deposits. This was confirmed by Vauld CEO Darshan Bathija, on the company’s official Telegram channel. In an FAQ posted, Bathija clarified all the doubts Vauld users had after the company suspended withdrawals and deposits citing the crypto market’s […]

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Weekly Crypto Roundup: testing times, trapped funds, and thefts

Weekly Crypto Roundup: testing times, trapped funds, and thefts

Bitcoin spent most of its time around the $20k mark, before rising slightly over $22,000 on Friday Bitcoin spent most of its time around the $20k mark, before rising slightly over $22,000 on Friday Testing times Crypto watchers and investors hoping for a dramatic change in the market were again disappointed this week as Bitcoin […]

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‘Only invested after watching videos on YouTube’: Indian investors of Vauld blame influencers

‘Only invested after watching videos on YouTube’: Indian investors of Vauld blame influencers

Popular crypto lending platform Vauld’s suspension of withdrawal and deposit services has caused panic in the crypto world. Many in India, however, have blamed popular YouTubers for promoting Vauld and influencing them to invest in the platform. “I only invested my money after watching videos on YouTube. Akshat Srivastava (YouTube creator) has been a big […]

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Factbox: Cryptocurrency lenders who ran into difficulties

Factbox: Cryptocurrency lenders who ran into difficulties

Crypto lending platforms had to resort to extreme measures in some cases, such as freezing trades Crypto lending platforms had to resort to extreme measures in some cases, such as freezing trades Crypto lenders, which boomed during the COVID-19 pandemic, have run into difficulties recently due to a slump brought on by the downfall of […]

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Vauld users to continue earning interest on their fixed deposits, says CEO Darshan Bathija

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

“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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Vauld users to continue earning interest on their fixed deposits, says CEO Darshan Bathija

Crypto lender Nexo plans to buy fellow lender Vauld

Cryptocurrency lender Nexo plans to buy fellow lender Vauld, it said on Tuesday, the latest sign of consolidation in the digital currency industry as prices tumble. Nexo, which is based in London, said it would buy up to 100% of Vauld and “reorganize its future operations with the aim to accelerate its deeper presence in […]

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Singapore-based crypto lending platform Vauld freezes trades

Singapore-based crypto lending platform Vauld freezes trades

The move comes during the crypto winter which has seen mass layoffs and platforms freezing user funds The move comes during the crypto winter which has seen mass layoffs and platforms freezing user funds As the crypto sector’s turmoil stretches on, more companies are adopting extreme measures to protect themselves, even if it means stopping […]

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Vauld users to continue earning interest on their fixed deposits, says CEO Darshan Bathija

Here’s why crypto exchange Vauld suspended deposit, withdrawal services

Crypto exchange Vauld has suspended deposits and withdrawals on its platforms citing “financial challenges” amid the crypto market’s volatile conditions. Founded in 2018 by Bathija and Sanju Kurian, Vauld provides a suite of products to crypto investors. This includes fixed deposits and asset-backed lending and borrowing platforms. We take a look at why Vauld has […]

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