According to ChainCatcher, citing sources from The Block, the cryptocurrency lending platform Vauld has received approval from the Singapore court to extend the creditor protection period until February 28, 2023. Previously, its creditor protection was set to expire on January 20 and had sought an extension until April 2. Sources indicate that if the company can make progress, the judge may approve an extension until April. (The Block)

ChainCatcher news, Southeast Asian cryptocurrency exchange Zipmex has received approval from the Singapore court to extend the creditor protection period until April 2, 2023. Additionally, any acquisition deal for Zipmex must be completed by December 21.Previous reports indicated that Zipmex may sign a rescue plan worth over $100 million, which will be led by the venture capital firm V Ventures, founded by Thai billionaire and coffee king Prayudh Mahagitsiri's son, Chalermchai Mahagitsiri, in exchange for 90% of Zipmex's shares. (source link)

According to ChainCatcher, as reported by CoinDesk, Zipmex has applied to the Singapore court to extend the creditor protection period until April 2023. Sources revealed that Zipmex is still negotiating with an investor regarding a potential acquisition deal that could be completed as early as next week.ChainCatcher previously reported that Zipmex may sign a rescue plan worth over $100 million, which will be led by the venture capital firm V Ventures, founded by coffee king Prayudh Mahagitsiri's son, Chalermchai Mahagitsiri, in exchange for 90% of Zipmex's shares. (CoinDesk)