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ZipmexX Suspends Withdrawals, Citing Celsius and Babel Risk Exposure

ZipmexX Suspends Withdrawals, Citing Celsius and Babel Risk Exposure

Asia's leading digital asset exchange ZipmexX has suspended users' cryptocurrency withdrawals, citing the move as the exchange's assets could be swallowed up by the financial crisis facing the Celsius Network and cryptocurrency lender Babel Finance.

Thailand Tightens Crypto Advertising Rules after Crypto Zipmex Bankrupted

Thailand Tightens Crypto Advertising Rules after Crypto Zipmex Bankrupted

Thailand has announced new measures to regulate cryptocurrency advertising in order to protect investors from being misled into buying risky crypto products.

Crypto Exchange ZipmexX Resumes Withdrawals for Trade Wallet

Crypto Exchange ZipmexX Resumes Withdrawals for Trade Wallet

ZipmexX, Asia's leading digital asset exchange, said in an announcement Friday that it has resumed withdrawals on Trade Wallet in Thailand, and said it will resume withdrawals in other countries tonight.

Zipmex Misses Buyout Payment

Zipmex Misses Buyout Payment

Cryptocurrency exchange Zipmex has missed the latest payment under its buyout agreement with venture capital firm V Venture. Without the $1.25 million payment, the Singapore-based exchange warned it may have to begin liquidating one of its units and suspend payroll.

Crypto Exchange Zipmex Granted 3-Month Protection from Singapore Court against Creditors

Crypto Exchange Zipmex Granted 3-Month Protection from Singapore Court against Creditors

Zipmex, Asia's leading digital asset exchange, said it had won creditor protection from the Singapore High Court for more than three months, gaining time to address liquidity issues.

In Talks with "Interested Parties" for Bailout, Says Zipmex

In Talks with "Interested Parties" for Bailout, Says Zipmex

Zipmex cryptocurrency trading platform is looking ahead as it has confirmed that it is in talks with interested parties who would like to bail out the platform from its recently identified woes.

Thai Regulator Files Charges Against Zipmex Executives

Thai Regulator Files Charges Against Zipmex Executives

The Thailand offshoot of the beleaguered digital assets platform Zipmex might have landed itself in more trouble and this time, it is with the Thai Securities and Exchange Commission (SEC).

Bankrupt Crypto Exchange Zipmex ‘In Advanced Takeover Talks' with V Ventures

Bankrupt Crypto Exchange Zipmex ‘In Advanced Takeover Talks' with V Ventures

A potential buyer is reportedly close to agreeing on a deal to take over Zipmex.

Belt and Road in Hong Kong: the Emergence of Digital Gold in IoT

Belt and Road in Hong Kong: the Emergence of Digital Gold in IoT

A US dollar global economy has led to the underwhelming volume of growth of Chinese goods being traded among the Belt and Road countries and corridors since the initiative began in 2013. GoldZip is the exciting new digital tool allowing countries to barter goods based on their digital gold values.

Australia-based Zip Considers Adding Crypto Trading Options within a Year

Australia-based Zip Considers Adding Crypto Trading Options within a Year

Australia-leading digital retail finance and payments company Zip Co Ltd is considering adding cryptocurrency trading options for customers.

Hodlnaut Applies for Court Protection amid Liquidity Crises

Hodlnaut Applies for Court Protection amid Liquidity Crises

Hodlnaut, a Singapore-based digital currency lending platform, has joined its counterparts in seeking out the protection of the courts with its recent application for Judicial Management.

Zipmex Appoints Restructuring Firm Kordamentha To Work on Recovery Plan

Zipmex Appoints Restructuring Firm Kordamentha To Work on Recovery Plan

Zipmex said it has appointed restructuring specialist as its financial advisor. KordaMentha is expected to help Zipmex establish a restructuring process.

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