Showing 1 - 8 of 8
Zipmex crisis creates toxic Thai legacy
Business, Poonyapat Luenam, Published on 12/08/2022
» Smith Chayavorakul had been investing in cryptocurrency for eight months, riding the boom-and-bust cycle of market prices. But things changed when the Singapore-based crypto exchange Zipmex prevented investors from making withdrawals after it was caught in the market meltdown.
Bitkub and Circle team up for USDC
Business, Poonyapat Luenam, Published on 19/07/2022
» Bitkub has joined hands with Circle, a peer-to-peer payment platform developer, to promote the digital stablecoin USDC in Thailand.
Crypto bankruptcy adds to Thai woes
Business, Poonyapat Luenam, Published on 16/07/2022
» The collapsing value of Thai digital assets has been exacerbated by the bankruptcy of US-based Celsius Network, following months of rapidly deteriorating sentiment in the global and domestic cryptocurrency markets and a series of insolvencies among high-profile crypto lenders.
Voyager Digital goes bust after loan default
Business, Poonyapat Luenam, Published on 08/07/2022
» Voyager Digital, a major cryptocurrency investment firm, declared bankruptcy on July 6 after crypto hedge fund Three Arrow Capital (3AC) defaulted on a US$650 million loan.
Voyager Digital halts all trading after 3AC default
Business, Poonyapat Luenam, Published on 05/07/2022
» Major crypto exchange Voyager Digital halted all trading, deposits and withdrawals, preventing all users from accessing their funds after losing over half of its assets from Three Arrows Capital's (3AC) default on a loan worth over US$650 million.
3AC defaults on loan worth $670m
Business, Poonyapat Luenam, Published on 29/06/2022
» Three Arrows Capital (3AC), a prominent crypto hedge fund, defaulted on a loan worth over US$670 million, prompting a steep fall in Bitcoin's price to below $21,000.
FANDOM to spur digital content business
Business, Poonyapat Luenam, Published on 07/06/2022
» FANDOM, a community-focused digital platform that allows fans to connect with famous influencers and artists as well as earn revenue via digital assets, is slated to launch in August.
Luna 2.0 coin crashes after rocky launch
Business, Poonyapat Luenam, Published on 31/05/2022
» The relaunch of the highly controversial Luna cryptocurrency faces a rocky start after losing 75% of its value.