Vauld has raised around $27M from investors to expand its platform. The company hired Kroll Pte Limited as a financial advisor. Vauld intends to apply a moratorium in the Singapore courts. Today, Singapore-based cryptocurrency lending and exchange venture Vauld has halted all withdrawals, trading, and deposits on its platform As
In a recent interview, Terra co-founder Do Kwon expressed his “devastation” in the LUNA collapse which made thousands of investors impacted by the crash. JUST IN: #Terra founder Do Kwon says in an interview that he has been 'devastated' by the $LUNA collapse. — Watcher.Guru (@WatcherGuru) June 23, 2022 The
Since the dip in the market, all the cryptocurrencies are struggling to make a long uptrend move. While some tokens have performed well after the Crashdown, and some are recovering now to display an upward momentum. In fact, LUNA is a matter of the moment as it totally destroyed the
In the past, the crypto market has faced failures in the algorithmic stablecoins, the mechanism behind the stablecoins seems to be prominent in papers. Still, when it comes to executing them in the real-world, the hurdles are more challenging. Some examples to be remembered are Titan and Iron. The fundamental
