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DeFiance Capital Wins in Lawsuit Against Defunct Crypto Fund 3AC in Singapore
2.2.2024
The High Court of Singapore turned down plea from the now-defunct crypto hedge fund Three Arrows Capital (3AC) to dismiss DeFiance Capital’s lawsuit filed against the fund. In a recent hearing, Judge Chua Lee Ming gave greenlight to Defiance Capital in its $140 million dispute with 3AC. Further...
OPNX, the Exchange Built by Founders of Doomed Hedge Fund Three Arrows, Is Shutting Down
1.2.2024
Customers were advised to settle their positions by Feb. 7 and withdraw their money by Feb. 14
Crypto Startup Velar Plans Perpetual Swaps Exchange for Bitcoin DeFi After Raising $3.5M
1.2.2024
Crypto trading startup Velar raised $3.5 million to build a suite of DeFi tools for Bitcoin's nascent DeFi scene
Chris Dixon Talks Techno-Optimism, Permissionless Innovation and the Need for Crypto
31.1.2024
The renowned a16z VC talks to Daniel Kuhn about his new book, “Read Write Own: Building the Next Era of the Internet.”
Hashkey Capital and FTSE Russell Launch Trio of Indices to Track Diverse Crypto Assets
24.1.2024
Digital asset investment company Hashkey Capital has collaborated with the London Stock Exchange Group (LSEG) subsidiary FTSE Russell to unveil three indices for tracking cryptocurrencies. These indices enable investors and traders to keep an eye on a diverse collection of assets spanning different...
Three Arrows Capital Co-founder Su Zhu Says Prison Was an “Enjoyable Experience Overall”
23.1.2024
Su Zhu, the co-founder of now-collapsed hedge fund Three Arrows Capital (3AC), has shared his thoughts on his time spent in prison, describing it as an “enjoyable experience overall.” During a video podcast, Zhu expressed appreciation for his time behind bars, even claiming that he...
New Web3 and Blockchain Focused VC Fund, Paper Ventures, Launched With Initial Capital of $25 Million
23.1.2024
Paper Ventures, a new blockchain venture capital (VC) fund focused on early-stage Web3 and blockchain projects, has been launched with an initial fund of $25 million. The fund, founded by experienced venture capitalists, will not only invest in outstanding projects but will help nurture them....
Michael Howell Predicts Continued Surge in Global Liquidity Benefiting Stocks, Gold, and Crypto
23.1.2024
Crossborder Capital’s Michael Howell, a veteran in global finance, offered a liquidity-based view on the current state of the economy. He challenged the prevailing narrative of monetary tightening with evidence of a rise in liquidity, which in turn should uplift stocks, gold, and cryptocurrencies....
Pantera Capital Projects Bitcoin Price Resurgence and Increased DeFi Market Activity
22.1.2024
Cryptocurrency management company Pantera Capital has released its yearly projections on Bitcoin (BTC) and the wider industry with expectations of more bullish activity for the market leader. In a recent market report, the firm highlighted the projected movement of the Bitcoin price valuation....
Hut 8 Responds to Short Seller Report Accusing Bitcoin Miner of Malpractice
21.1.2024
Bitcoin miner Hut 8 has expressed confidence in its latest partnership with USBTC following a controversial report released by JCapital Research warning investors of possible risks. In a brief response on Jan 19, the company stated that it had read the report and would provide all necessary updates...
Former LedgerPrime Employees Launch Split Capital Hedge Fund Focused on Liquid Tokens
19.1.2024
Former employees of crypto trading firm LedgerPrime have unveiled a new hedge fund named Split Capital, focusing on liquid tokens. Split Capital’s founders include Zaheer Ebtikar, Michael Churchouse, and Nai Boonkongkird, with Shiliang Tang, former chief investment officer at LedgerPrime...
Bitcoin and Altcoins Swing In Relation to Phases in the Bull Cycle: Pantera Capital
19.1.2024
The volatility of digital assets particularly Bitcoin (BTC) can be examined in various stages of a bull market in relation to other tokens, Pantera Capital suggests. A new market report by Pantera Capital shows the relationship between multiple assets in crypto bull cycles, the state of the market...
Egyptian Fintech Startup Zeal Secures $4 Million to Fund Expansion to New Markets
18.1.2024
The Egyptian fintech startup has revealed that it recently raised $4 million in funding via a round led by venture capital firms Raed Ventures and Cur8 Capital. CEO said the firm’s capital raise is expected to help Zeal accelerate its journey “towards utilizing AI to revolutionize...
QCP Capital Predicts ETH to Outperform BTC Amid ETH Spot ETF Approval Expectations
17.1.2024
QCP Capital, a Singapore-based crypto trading firm, has forecasted that Ethereum will outperform Bitcoin in the medium term. In a recent post on Telegram, the company argued that the narrative surrounding potential ETH Spot ETF approvals will help ETH outshine the BTC in the short future. QCP said...
Study: Venture Capital Investments in Top Ten Web3 Projects Were 70% Lower in 2023
16.1.2024
In 2023, the top ten Web3 projects collectively raised $1.78 billion in funding, a figure which is 70% lower than the $5.87 billion raised in the previous year, the findings of a new study have shown. The findings also show that Web3 projects were able to attract $9 billion in capital with...
HashKey Becomes Crypto Unicorn After Closing $100M Raise
16.1.2024
Operator of licensed Hong Kong exchange says raise will promote compliant, innovative global growth
Radiant Capital Resumes Arbitrum Markets Operations After Security Breach
5.1.2024
Source: DALL·E Radiant Capital has announced the reopening of its lending and borrowing markets on Arbitrum after an extensive security review. According to Radiant Capital’s recent post, this resumption came after a detailed review and resolution of the security breach that resulted in...
Radiant Capital Reports Exploit of $4.5 Million Ethereum Loss
3.1.2024
Source: Radiant Capital (Edited by Hongji Feng) Radiant Capital has confirmed a security breach in its network, leading to the theft of Ethereum valued at approximately $4.5 million. According to the blockchain security company PeckShield Inc., the hacker drained 1,900 Ethereum tokens within...
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...