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Digivault, which is not involved in the liquidation process, is currently winding down operations, according to the person familiar with the matter. Any buyer would get staff, technology and, for a time, an anti-money laundering registration that comes with the business, the person said. Original Source
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The company has been in talks with existing lender Bifinity and other potential investors to raise capital, but has not been successful. Original Source
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The Nasdaq-listed firm Eqonex is closing its cryptocurrency exchange business. The company cited high competition among crypto trading platforms and fallen volumes as key reasons for shutting down its exchange. Eqonex Closing Crypto Exchange Eqonex Ltd. (Nasdaq: EQOS), a digital asset financial services company, announced the closing of its spot and derivatives
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Nasdaq-listed digital asset investment firm Eqonex has announced it will be exiting the “crowded crypto exchange space” by shuttering part of its operations.In a Monday announcement, Eqonex said it will close trading on its crypto exchange on Aug. 22, with users allowed to withdraw funds until Sept. 14. The firm
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The former head of cryptocurrency exchange Binance's U.K. operations has been appointed as CEO of Eqonex, the parent of crypto custodian Digivault. Original Source
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The Nasdaq-listed digital assets financial services company Eqonex has launched a new type of Bitcoin (BTC) investment product, a BTC dated futures contract with a physical settlement.Announcing the news on Wednesday, Eqonex explained that its BTC dated futures are denominated in the USD Coin (USDC) stablecoin and increase in parallel
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The CEO of digital assets financial services firm Eqonex is to step down as the company holds talks on a potential merger or takeover.CEO Richard Byworth will step down with immediate effect and be replaced with chief operating officer Andrew Eldon on an interim basis, Eqonex announced Monday.Eqonex is“engaged in
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