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Zipmex's Woes May Soon be Over, But Here is the Catch

Zipmex's Woes May Soon be Over, But Here is the Catch

Sources citing an email sent by Mahagitsiri’s representatives indicate that Zipmex’s co-founder and Chief Executive Officer, Marcus Lim, demand to forfeit 100% of his holdings in the company.

Zipmex Requests Moratorium Extension in Singapore

Zipmex Requests Moratorium Extension in Singapore

Cryptocurrency exchange Zipmex has requested an extension of its moratorium on debt in Singapore due to liquidity issues. The company plans to use the extra time to reopen withdrawals on its Z Wallet platform.

Crypto Lender Struggles Extended Creditor Protection For Vauld

Crypto Lender Struggles Extended Creditor Protection For Vauld

Singapore gave Vauld another creditor protection term. The corporation needs a resurrection strategy by Feb. 28. Due to market circumstances, the site stopped 800,000 user withdrawals in July 2022. It received a three-month liquidity moratorium in August 2022.

Zipmex Resumes Some Altcoin Withdrawals After Suspending Withdrawals in July

Zipmex Resumes Some Altcoin Withdrawals After Suspending Withdrawals in July

Mainstream tokens, including bitcoin and ether, remain locked, but all Solana (SOL) tokens will be credited to investors' trading wallets, Zipmex's official statement wrote on Tuesday.

Coinbase To Invest in Singapore’s Zipmex following Acquisition Talks

Coinbase To Invest in Singapore’s Zipmex following Acquisition Talks

Coinbase discussed acquisition deals with Zipmex. After negotiations, the two firms have agreed on strategic investments.

Thai SEC Bars Crypto Staking & Lender Services after Zipmex’s Bankruptcy

Thai SEC Bars Crypto Staking & Lender Services after Zipmex’s Bankruptcy

Thai regulator has banned digital asset operators from offering crypto depository services that pay returns to depositors to protect traders and the public from service providers’ business risks.

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