• Tech News
  • Fintech
  • Startup
  • Games
  • Ar & Vr
  • Reviews
  • How To
  • More
    • Mobile Tech
    • Pc & Laptop
    • Security
What's Hot

The Nothing Headphone (1) is totally bizarre in the best kind of way

July 1, 2025

Apple Drops MLS Season Pass to Half-Price

July 1, 2025

Apple’s Next MacBook Might Have More in Common With Your iPhone Than You Think

July 1, 2025
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Facebook Twitter Instagram Pinterest VKontakte
Behind The ScreenBehind The Screen
  • Tech News
  • Fintech
  • Startup
  • Games
  • Ar & Vr
  • Reviews
  • How To
  • More
    • Mobile Tech
    • Pc & Laptop
    • Security
Behind The ScreenBehind The Screen
Home»Tech News»Zipmex pauses withdrawals “until further notice” – DailyTech
Tech News

Zipmex pauses withdrawals “until further notice” – DailyTech

July 21, 2022No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Zipmex pauses withdrawals “until further notice” – TechCrunch
Share
Facebook Twitter LinkedIn Pinterest Email

Zipmex, a digital belongings alternate with operations in Singapore, Australia, Indonesia and Thailand, said on Twitter that it “could be pausing withdrawals till additional discover.”

The Singapore-headquartered firm cited a “mixture of circumstances past our management together with unstable market situations, and the ensuing monetary difficulties of our key enterprise companions.”

Because of a mix of circumstances past our management together with unstable market situations, and the ensuing monetary difficulties of our key enterprise companions, to take care of the integrity of our platform, we’d be pausing withdrawals till additional discover.

— ZIPMEX (@zipmex) July 20, 2022

Zipmex will not be the one crypto alternate that has run into difficulties amid a worldwide dump in crypto markets. Crypto unicorn Babel suspended withdrawals in June, whereas Celsius, considered one of crypto’s greatest lenders, filed for chapter per week in the past.

Vauld, one other Singapore-based crypto platform, suspended withdrawals, buying and selling and deposits resulting from monetary challenges earlier this month.

DailyTech has reached out to Zipmex for remark and can replace this story if we hear again from them. Reuters reviews that in a livestream on Wednesday night, Zipmex Thailand CEO Akalarp Yimwilai mentioned its workplace’s difficulties have been due to issues at Singapore-based Zipmex International, whose companions Babel Finance and Celsius, have been experiencing liquidity issues.



Source link

See also  DoorDash won’t deliver Walmart’s groceries starting next month
DailyTech Notice pauses withdrawals Zipmex
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Nigeria limits ATM withdrawals to boost digital payments

December 8, 2022

FCA issues final notice to former Sonali Bank CEO for AML failings

November 19, 2022

Browser-based spell check from Google and Microsoft can lead to stolen personal data

September 18, 2022

How to join a Microsoft Teams meeting

September 18, 2022
Add A Comment

Comments are closed.

Editors Picks

Oral-B iO7 review: Affordable luxury

August 28, 2023

United Airlines Mobile App Now Offers AirTag Share Item Location Tool – iDrop News

December 13, 2024

Apple Rolling Out Communication Safety Feature for Children to Six New Countries

February 21, 2023

Revenue up 13%, Ukraine war impact steady at €300m

July 22, 2022

Subscribe to Updates

Get the latest news and Updates from Behind The Scene about Tech, Startup and more.

Top Post

The Nothing Headphone (1) is totally bizarre in the best kind of way

Apple Drops MLS Season Pass to Half-Price

Apple’s Next MacBook Might Have More in Common With Your iPhone Than You Think

Behind The Screen
Facebook Twitter Instagram Pinterest Vimeo YouTube
  • Contact
  • Privacy Policy
  • Terms & Conditions
© 2025 behindthescreen.fr - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.