Coinmonks
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Coinmonks

Coinbase-Backed Platform Vauld Suspends Operations — Derev Blog

Vauld, a lending platform backed by Coinbase, has halted transactions, trading, and withdrawals due to the ongoing slump. As the market situation continues to worsen, exchanges and lending platforms are facing financial difficulties.

In a corporate statement released on Vauld’s official website, the company announced the decision to suspend withdrawals and elaborated on the situation.

The announcement stated that the lending platform was facing financial strain due to market volatility and the…

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Pete Boyle

Pete Boyle

Founder Growthmodels.co and DecentReviews.co. I examine how businesses grow their revenue.