Z Wallet holders will be able to make partial BTC and ETH withdrawals between August 11 and August 16.
The Thai-based cryptocurrency exchange – Zipmex – will reportedly enable its customers to partially withdraw some of their Bitcoin and Ether holdings, starting from August 11.At the end of July, the platform
clients’ withdrawals citing volatile market conditions. It also disclosed that it remains unknown when those operations will be restored as the circumstances were beyond the firm’s control.the problem with numerous organizations, as some have even provided a rescue plan.multiple applications under Section 64 of Singapore’s Insolvency, Restructuring and Dissolution Act 2018. Their goal was to prevent creditors from making any claims for the next six months.
Last week, Zipmex eased the withdrawals of several altcoins, too, including Solana , Ripple’s XRP, and Cardano’s ADA. Another Asian-based crypto firm affected by the bear market is Three Arrows Capital. In June, the company failed to meet margin calls due to the collapse of the market. A few weeks later, a court in the British Virgin IslandsSPECIAL OFFER
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