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BlockFi, Crypto.com, and Others Come Forward Amid Three Arrows Turbulence, Babel Finance Pauses Withdrawals
17.6.2022
After several days of intense discussions and rumors circulating about insolvency at major crypto hedge fund Three Arrows Capital, more details about the financial exposure other companies in the space have had to the hedge fund have emerged, with crypto lender BlockFi being named as...
Bear market no issue for Binance Labs’ DeFi incubation program
17.6.2022
Binance Labs’ parent firm Binance is also looking to hire 2,000 employees amid the latest market decline as the firm sees bear markets as a “great time to bring on top talent.”
Mark Cuban says crypto crash highlights Warren Buffett's wisdom
17.6.2022
The billionaire crypto investor admits there are still hard times ahead for most financial markets, but says that as long as the crypto space produces new tech, it will be fine
Billionaire Jeffrey Gundlach Says He Wouldn’t Be Surprised at All if Bitcoin Falls to $10K
17.6.2022
Doubleline Capital CEO Jeffrey Gundlach, also known as the “bond king,” says he would not be surprised at all if the price of bitcoin falls to $10K. “We’ve already seen around the edges some blowups in parts of the crypto world, and that could be foreshadowing some...
First Mover Asia: When Crypto Rebuilds After This Cold Winter, Firms Like Three Arrows Capital Won't Have a Place; Bitcoin Sinks Toward $20K
17.6.2022
The crypto hedge fund, which has been one of the industry’s most prolific investors in new protocols and is also a large borrower, is facing $400 million in liquidations on its positions; ether drops toward $1,000
BlockFi Liquidated Three Arrows Capital: Report
16.6.2022
CEO Zac Prince tweeted that the crypto lender “exercised our best business judgment.”
Three Arrows Capital has failed to meet margin calls: Report
16.6.2022
Crypto lender BlockFi was among several companies to liquidate at least some of 3AC’s positions, according to a new report
Three Arrows Keep Hurting Crypto Market, Circle's Euro Coin in US, Samsung's Wallet + More News
16.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Three Arrows Keep Hurting Crypto Market, Circle's Euro Coin in US, Samsung's Wallet + More News
Finblox Imposes $1.5K Monthly Withdrawal Limit Amid Three Arrows Capital Uncertainty
16.6.2022
Hong Kong-based interest-earning crypto staking platform Finblox imposed a $1,500 daily limit on withdrawals as speculation mounts around Three Arrows Capital
Three Arrows Capital ‘Ghosted Us’ After USD 1M Went Missing, Trading Firm Claims
16.6.2022
The drama surrounding the troubled crypto hedge fund Three Arrows Capital is continuing, with one trading firm now saying USD 1m was removed from its trading account by the hedge fund, and that Three Arrows Capital’s co-founder Kyle Davies can no longer be reached....
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Liquidity provider asks platforms to freeze 3AC funds to recover assets after litigation
16.6.2022
Danny Yuan said that their team detected that $1 million was missing from their company's funds at Three Arrows Capital (3AC)
True Global Ventures doubles down on Web3 with $146M ‘follow-on’ fund
16.6.2022
The TGV4 Plus Follow On Fund was led by a group of 15 general partners who committed over $4 million on average (over 40%) into the fund
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...
NEXO price drops 40% in three days on rumors of ties to 'insolvent' crypto fund
15.6.2022
Nexo says it currently has no exposure to Three Arrows Capital and has 100% liquidity to meet its debt obligations
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....
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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
Skybridge Founder Advises How to Survive Crypto Bear Market — ‘We Are in a Bloodbath’
14.6.2022
Anthony Scaramucci, the founder of Skybridge Capital, a $3.5 billion asset management firm, has some advice for crypto investors on how to survive a bear market and a crypto bloodbath. Scaramucci on How to Survive Crypto Bear Market Skybridge Capital founder Anthony Scaramucci shared his bitcoin...
Silvergate Capital Could Benefit From Institutional Crypto Adoption, Wells Fargo Says
13.6.2022
The Wall Street bank initiated coverage of the stock with an "overweight" rating and a $120 price target
What are investment DAOs and how do they work?
11.6.2022
Investment DAOs where crypto-rich buyers team together to back startups or make investments work based on governance rights enforced through smart contracts