Showing 1-4 of 4 results
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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.
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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.
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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.
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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.
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