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Report: Three Arrows Capital Liquidated for Millions, Sources Say Crypto Hedge Fund May Face Insolvency
15.6.2022
According to “well-placed sources,” speaking with The Block reporter Frank Chaparro, the digital currency hedge fund known as Three Arrows Capital (3AC) may be facing insolvency after significant liquidations. Sources say that the 3AC “liquidation totaled at least $400...
After Terra and Celsius, Crypto Market Now Might Be Hit With Three Arrows
15.6.2022
The major crypto hedge fund Three Arrows Capital (3AC) is rumored to be insolvent, with reports suggesting the firm has already faced massive liquidations and on-chain data indicating large sales of ethereum (ETH) staked on staking provider Lido in the past week....
Read More: After Terra...
Tether Denies Claims of Asian Commercial Paper Backing, Exposure to Three Arrows Capital
15.6.2022
Stablecoin issuer Tether has denied that its commercial paper portfolio is 85% backed by Chinese or Asian commercial papers
Su Zhu’s cryptic statement as rumors swirl of 3AC liquidations and insolvency
15.6.2022
“We are in the process of communicating with relevant parties and fully committed to working this out” Su Zhu stated
Three Arrows Capital to Move Headquarters to Dubai, Raise External Capital
28.4.2022
Crypto firms eye the Middle East amid regulatory scrutiny from Singaporean officials
Bottomed out? MINA rises 75% nine days after hitting its worst level to date
24.3.2022
A $92 million token sale round, Coinbase listing, and an overall crypto market rebound boosted MINA's massive upside move
Aptos, Led by Meta’s Ex-Employees, Gets $200 Million to Build a Scalable Blockchain System
16.3.2022
Aptos, a new startup created by some of Meta’s former employees involved in the Diem project, has announced it has raised $200 million for its upcoming goal of creating a scalable blockchain system. The investment, conducted in a strategic funding round, involves some well-known VC names...
Near Foundation Raises $150 Million to Bolster Web3 Adoption
14.1.2022
On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol’s native crypto asset jumped more than...
Nexo partners with Three Arrows Capital to launch NFT lending & art financing service
16.12.2021
Bored Ape Yacht Club and CryptoPunks NFTs are two of the options supported as collateral for crypto credit lines on the platform
Three Arrows buys 156K ETH in the weeks after CEO 'abandoned ETH'
8.12.2021
Only a few weeks ago, CEO Zhu Su was blasting ETH on Twitter for high gas fees and accessibility issues. Now, his company is buying the dip
Play-to-Earn Gaming Guild Raises $18 Million in Funding Round Led by Animoca Brands
24.11.2021
A play-to-earn (P2E) blockchain gaming guild has raised $18 million in a Series A financing round according to an announcement on Wednesday. Avocado Guild detailed that the firm raised the funds from investors such as Animoca Brands, Goldentree Asset Management, Three Arrows Capital, and Solana...
Ethereum vs. Avax Social Media Battles Rage as L1 Fees Keep Rising
23.11.2021
The Ethereum scaling wars are raging on social media due to the problems that this chain is facing, with fees on layer one (L1) at very high levels. Zhu Su, CEO of Three Arrows Capital, a notable crypto VC company, announced he withdrew his support from the project, criticizing the state in which...
Three Arrows Capital CEO backtracks on Ethereum abandonment comments
22.11.2021
Zhu Su backtracked after the initial scathing comments, saying that he “loves Ethereum and what it stands for.”
Three Arrows Capital, Jump Capital back $40M Neon Labs token sale
9.11.2021
Venture capital continues to flood the cryptocurrency market, with Neon Labs securing a considerable fundraise via its NEON token sale
Avalanche Foundation Launches $200 Million Blizzard Fund to Entice Innovation on Its Chain
4.11.2021
Avalanche Foundation, the organization behind the Avalanche chain, has announced the launch of Blizzard, a fund that will entice development and innovation on the Avalanche ecosystem. The Fund, which has $200 million available for its task, is composed of contributions coming from Avalanche...
Solana DEX raises $18M Series A from Three Arrows Capital, Coinbase Ventures
22.9.2021
Several prominent investors took part in the Orca fundraiser, including Three Arrows Capital, Polychain and Coinbase Ventures
Avalanche Pulls Down $230 Million Investment Led by Polychain and Three Arrows Capital
17.9.2021
Avalanche, a smart contract-enabled cryptocurrency, has received a $230 million investment from a group of VC companies. The funding round, which is being described as a private sale, was led by Polychain and Three Arrows Capital, with the participation of other companies. This investment will give...
Three Arrows Capital execs launch NFT fund
31.8.2021
The new fund, Starry Night Capital, plans to exclusively invest in “the most desired” NFTs on the market
Three Arrows Capital CEO Su Zhu outlines his bullish thesis for Dogecoin
26.8.2021
Three Arrows Capital CEO Su Zhu is bullish on Dogecoin because it's easy to understand and captures the attention of “blue-collar traders.”
Big Guns Back $10M Investment in DeFi’s dYdX
26.1.2021
The funding round, led by Three Arrows and DeFiance Capital, was also joined by Andreessen Horowitz, Polychain Capital and Coinbase co-founder Fred Ehrsam