Instability in the crypto sector has led to Singapore-based Vauld halting withdrawals and searching for new financial backing.

Monetary Authority of Singapore "reprimanded" Three Arrows and accused it of providing misleading information concerning its relocation to the British Virgin Islands

Extreme volatility in digital asset markets prompted the freeze, leaving its 1.7 million customers unable to redeem their holdings

Tencent Holdings, Ant Group, Baidu and JD.com are among signatories to a pact to stop secondary trading in NFTs and other digital collectibles

The cryptoassets were stolen on June 23 from Horizon Bridge, a service operated by the Harmony blockchain that allows assets to be transferred to other blockchains.

The regulator has rejected more than a dozen proposals for spot bitcoin ETFs over the past year, with much of its focus on the lack of any "surveillance-sharing agreements"

Crypto broker Voyager Digital issued Singapore-based Three Arrows with a default notice on Monday after it failed to make payments on a $670m loan

Compass Mining, a provider of crypto mining gear, announced that two of its key executives have resigned. It has also disputed a debt claim by coin miner Dynamics.

The sudden plunge in crypto values, which started in May amid a broader economic slowdown, complicates Pyongyang's ability to fund its weapons programmes

Recent crypto chaos proof that Beijing’s ban on cryptocurrency trading was justified, says Chinese state-run newspaper The Economic Daily

Three Arrows Capital (3AC) – a prominent hedge fund based in Singapore that deals in crypto – has defaulted on a loan worth more than $670 million, broker Voyager Digital says

The number of coins miners are transferring to exchanges has climbed steadily from June 7, researchers said, in a sign that 'miners are increasingly liquidating their coins on exchanges'