News Snapshot:
Zipmex, a Thailand-based crypto exchange, has halted withdrawals due to a combination of circumstances. The Southeast Asian stock exchange has halted withdrawals until further notice. A tweet by the exchange said: “Due to a combination of circumstances beyond our control, including volatile market conditions, and the resulting financial difficulties of our key business partners, in order to maintain the integrity of our platform, we would pause withdrawals until further notice.” Failed Acquisition by Coinbase Prior to stopping withdrawals, UKTN had released reports that Zipmex could be in trouble, but the crypto exchange ultimately dismissed that as mere rumours. This came...
