The crypto exchange said it had $48 million in exposure with Babel Finance and $5 million with Celsius — both firms faced liquidity and insolvency
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Thailand’s Oldest Lender Delays Bitkub Exchange Acquisition Amid Tighter Crypto Rules
The company that owns Thailand’s Siam Commercial Bank has postponed a deal to acquire a majority stake in Bitkub, the country’s largest cryptocurrency exchange. The
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Strict Thai crypto regulation causes SCB to delay Bitkub acquisition
SCB X notified the Stock Exchange of Thailand that the Bitkub acquisition is “still undergoing due diligence.”
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Breaking: Zipmex suspends withdrawals as CEO denies financial trouble rumors
The CEO of Thai crypto exchange Zipmex denied rumors of financial trouble just moments before the group announced it would pause withdrawals on the platform.
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Coinstore’s Weekly News: 3 July–8 July
Hey Coin Collectors, we are back! Continue reading on Medium »
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A ‘very ambitious’ $100M Metaverse R&D hub is being built in Melbourne
“We’re really designing a whole world,” Two Bulls founder James Kane said about the role his business will play in the yet to launch metaverse.
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