ID:
zipmex-992
100 pts
Platform:
Type:
Category:
Method:
Data Sources:
Multi-chains
Exchange
Assets
Liquidity Management
Extended Method:
Exposure to Celsius and Babel
Days in Operation:
1000
(2.74 Years)
100 pts each
Zipmex, a cryptocurrency exchange that operates in markets like Singapore and Thailand, resumed withdrawals as the fallout from a series of defaults spreads further throughout the digital-assets industry. Zipmex reported significant liquidity issue due to its $48 million exposure with Babel, $5 million with Celsius. The exchange is mulling offers from interested parties.
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