Vauld, a Singapore-based crypto lender, has reached a tentative agreement to be acquired by Nexo a day after Vauld paused customer withdrawals, transfers and withdrawals. The potential deal comes amid a broader liquidity crisis in the crypto lending sector as customers rush to withdraw assets amid a significant and sustained downturn in crypto prices. Nexo said on Tuesday that the companies...
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Sequoia, Andreessen and Bessemer’s Beating and Snap’s Selfie Drone
Is anybody else pumped for some appointment streaming this weekend? The first episode of HBO’s “House of Dragon,” the hotly anticipated prequel series to “Game of Thrones,” premieres Sunday night. Then, 12 days later, Amazon will debut its own fantasy series, “The Lord of the Rings: The Rings of Power,” on Sept. 2. It’s fair to say HBO and its debt-laden parent company, Warner Bros....
U.K. Government Blocks Chip Deal by Chinese Firm
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