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Court Freezes $1 Billion of Assets of Three Arrows Capital Founders
21.12.2023
The worldwide order by a British Virgin Islands court applies to founders Su Zhu, Kyle Davies and Davies' wife, Kelly Chen
Court Freezes 3AC Co-Founders’ Assets Worth $1.14 Billion
21.12.2023
Source: Adobe/Christophe Fouquin A British Virgin Islands court has issued an order freezing approximately $1.14 billion in assets belonging to the co-founders of Three Arrows Capital (3AC). According to Teneo, the firm’s liquidator, the court order prohibits co-founders Su Zhu and Kyle...
Bitcoin Could Retract to $36K Before Uptrend Resumes, QCP Capital Says
21.12.2023
In a recent note, the Singapore-based investment fund said expects topside resistance for bitcoin in the $45k-$48.5K region
Report Highlights USDT’s Role in the Underground Economy of Cambodia
20.12.2023
A recent report from the South China Morning Post (SCMP) explains the enabling role that Tether’s USDT has on the underground Chinese-linked economy of Cambodia. The stablecoin is allegedly used in different activities like sidestepping capital controls for Chinese nationals, who can use...
Hashkey Capital Singapore Secures Full Capital Markets Services License From Singapore
20.12.2023
Reflecting Singapore’s progressive stance on digital assets, the Monetary Authority of Singapore (MAS) has awarded Hashkey Capital Singapore a full Capital Markets Services license, enabling the firm to enhance its fund management services and contribute significantly to the burgeoning...
Crypto Asset Manager HashKey Capital Secures CMS License from Monetary Authority of Singapore
19.12.2023
Image Source: HashKey Group HashKey Capital’s Singapore subsidiary has obtained a central bank license from the Monetary Authority of Singapore. On December 19, HashKey Capital Singapore announced that it had been granted a full Capital Markets Services (CMS) license by the Monetary Authority...
HashKey Capital Singapore Secures Capital Markets Services License From MAS
19.12.2023
The firm follows crypto exchange DigiFT, which received a CMS license last month
Montenegro Court Officially Revokes Extradition Approval For Do Kwon
19.12.2023
Source: Reuters The Appellate Court of Montenegro has accepted an appeal by Do Kwon’s attorneys – revoking the High Court’s decision to extradite the Terraform Labs’ founder to either South Korea or the USA. Therefore, the Appellate Court has annulled the decision of...
Arrest Warrant Issued for Self-Proclaimed ‘Crypto King’ Accomplice in $14 Million Scam
15.12.2023
Source: Pixabay A judge in Ontario, Canada has issued a warrant for the arrest of Ryan Rumble, an accomplice of Canada’s self-proclaimed “crypto-king” Aiden Pleterski, for aiding the con artist in his years-long eight-figure crypto investment scam. A class action lawsuit launched earlier this year...
Patientory Inc. and ESG Initiative’s WIVA Combine Forces To Advance Democratization of Healthcare Data
15.12.2023
Patientory Inc. partners with Wharton students in a capital raise agreement. The partnership grants the students a right to invest in the healthcare blockchain company at a future date. This will help advance the development of Patientory aiming to solve the industry’s problems around data...
NFT-Focused Line Next Secures $140 Million Investment in Funding Round Led by Peter Thiel-Sponsored Firm
14.12.2023
Line Next, a subsidiary of Line Corporation, said on Dec. 13 that it has secured a $140 million investment in a funding round led by the Peter Thiel-sponsored Crescendo Equity Partners. Line Next has said it will use the capital raised to fund the expansion of its global business and develop...
3AC’s Su Zhu Examined in Singapore Court as Prosecutors Seek to Recover Creditor’s Assets
13.12.2023
Source: Adobe/Christophe Fouquin Three Arrows Capital’s (3AC) co-founder Su Zhu was probed in a Singapore court for the first time about the company’s collapse as prosecutors intensified efforts to recover funds belonging to creditors. According to a recent Bloomberg report, Zhu will be subject...
Three Arrows Co-Founder Su Zhu Faces Questioning in Singapore Court in Hunt for Assets: Bloomberg
13.12.2023
Zhu is expected to be released from jail this month for good behavior, Bloomberg reported
Skybridge Founder Sees Bitcoin as Multi-Trillion-Dollar Asset — Confident Jamie Dimon Will Change His Tune About BTC
13.12.2023
Skybridge Capital founder Anthony Scaramucci has predicted a multi-trillion-dollar future for bitcoin, independent of the U.S. Securities and Exchange Commission (SEC)’s spot bitcoin exchange-traded fund (ETF) decision. He also urged Senator Elizabeth Warren to learn more about Bitcoin...
Skybridge Capital’s Crypto Investments Rise by 130%, Says Founder Anthony Scaramucci
12.12.2023
Image Source: CNBC Investment firm Skybridge Capital has reported an increase of 130% in its cryptocurrency investments courtesy of the recent surge in prices. Anthony Scaramucci, the company’s founder, shared the impressive returns in a recent interview with Bloomberg, while acknowledging...
Venture Capital Crypto Fund C1 Eyes Australia for Bargains: Report
11.12.2023
Source: Adobe / Sutthiphong Venture Capital crypto fund C1 Fund has been meeting a number of Australian businesses offering to buy private holdings from investors, reports the Australian Financial Review. C1 is a $500 million fund managed by investors based in Silicon Valley and the United Arab...
Crypto VC C1 With Coinbase Lineage Eyes Acquisition in Australia: Report
11.12.2023
Crypto venture capital firm C1, which is led by former Coinbase executives, has met with several cryptocurrency groups and Australian venture firms offering to buy private holdings from investors using its $500 million ($AUD 760 million) fund, according to the Australian Financial Review
Digital Asset Brokerage Firm Nonco Raises $10M Seed Funding Led by Valor Capital, Hack VC
8.12.2023
The firm says it has already seen $6 billion in volume in the Latin American region since its debut in April
Gate.io Lend & Earn Reaches New Heights with $500M in Loaned Assets
8.12.2023
Dec. 8th, Panama，Panama City – Gate.io, a leading crypto exchange and Web3 innovator, has announced a significant milestone for its crypto lending platform, Lend & Earn. The platform has reached an all-time high of over $500 million in capital committed by lenders, with nearly a quarter...
BitMEX Announces Strategic Partnership with PowerTrade, a Crypto Options Platform
6.12.2023
Source: Adobe / Dennizn BitMEX, a prominent crypto derivatives exchange, has unveiled a strategic partnership with PowerTrade, a crypto options platform. On November 6, BitMEX announced that it will partner with PowerTrade, which is supported by industry heavyweights such as Ascend Ventures...