You Searched For "3ac" and got 20 results
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3 mins read
Crypto lender Vauld has frozen withdrawals, and hedge fund Three Arrows Capital has filed for bankruptcy. Here are the crypto firms hit by the sell-off.
The crash in crypto prices is spurring a liquidity crisis among lenders and exchanges. Here are the…
George Glover
1 min read
Crypto hedge fund Three Arrow Capital defaults on $670 million loan as liquidity dries up across the sector
"We are working diligently and expeditiously to strengthen our balance sheet and pursuing options s…
Brian Evans
1 min read
Crypto hedge fund Three Arrow Capital defaults on $670 million loan as liquidity dries up across the sector
"We are working diligently and expeditiously to strengthen our balance sheet and pursuing options s…
Brian Evans
2 mins read
Crypto platform Voyager Digital cuts daily withdrawal limit to $10,000 after revealing $660 million exposure to struggling crypto hedge fund
Voyager Digital may not be repaid the 15,250 bitcoin and $350 million of USDC stablecoin it had loa…
Carla Mozée
2 mins read
Crypto fund creator Su Zhu said his 3 months in a Singaporean prison were 'really enjoyable' because he finally didn't have internet, caffeine, or alcohol
"I would say it's something that if everyone got to experience once, I think it's definitely good f…
Matthew Loh
2 mins read
The FTX implosion wasn't crypto's darkest hour of the year – these 2 crises were even more disastrous for digital assets
The Terra Luna crash and the collapse of Celsius and Three Arrows Capital caused even more damage t…
George Glover
1 min read
Founders of crypto mega fund Three Arrows Capital vanish after filing for bankruptcy
The Singapore-based 3AC filed for bankruptcy in the US earlier this month to protect its assets fro…
2 mins read
Failed hedge fund Three Arrows Capital is pitching a marketplace where crypto victims can sell their bankruptcy claims - and calling it 'GTX' in an apparent nod to FTX
"If this launches, we deserve every second of this crypto ice age," 'Wolf of All Streets' trader Sc…
George Glover
2 mins read
Crypto exchange Gemini lays off more employees in second round
After terminating nearly 10 per cent of staff some time back owing to "turbulent market conditions'…
2 mins read
After firing 150 employees, crypto lending platform Celsius Network files for bankruptcy
The platform said that it initiated voluntary Chapter 11 bankruptcy proceedings to provide it with …
2 mins read
Crypto broker Voyager Digital files for bankruptcy a week after it suspends trading
Top cryptocurrency broker Voyager Digital on Wednesday filed for bankruptcy in the US, after top cr…
1 min read
Crypto exchange Zipmex pauses withdrawals due to volatile market conditions
In a tweet late on Wednesday, Zipmex said that due to a combination of circumstances "beyond our co…
1 min read
Another crypto lending platform is freezing withdrawals as the industry's downward spiral continues
Babel Finance will temporarily stop allowing users to take out their crypto holdings, the second le…
Katie Canales
4 mins read
From TerraUSD's meltdown to the collapse of a $32 billion crypto empire, here is a full timeline of the crypto market's year in 2022
The industry endured a series of collapses, including FTX, algorithmic stablecoin UST, and centrali…
Morgan Chittum
2 mins read
Crypto exchange CoinFlex says it needs more time to restart withdrawals as it scrambles to fix a $47 million bad debt
CoinFlex halted withdrawals while it searches for a solution to the $47 million bad debt, which the…
Zahra Tayeb
2 mins read
Bitcoin dips below $19,000 in broad crypto sell-off as Three Arrows liquidation sends ripples through the market
The risk asset sell-off and the liquidation of troubled hedge fund Three Arrows Capital helped driv…
George Glover
3 mins read
Fear not, bitcoin bulls — the current rout will weed out the solid crypto operators from the weak ones. 3 experts explain how
Two crypto routs and insolvency worries pertaining to crypto funds including Three Arrows and Celsi…
Zahra Tayeb
2 mins read
Tether stablecoin loses its dollar peg as contagion from FTX's collapse spreads through the crypto market
Despite reassurances from founders of the stablecoin, Tether has continued to push back its timelin…
Matthew Fox
2 mins read
FTX's liquidity crisis shows that debt is toxic for crypto and investors should not lever up highly volatile assets, Tether co-founder says
"Everyone thought that the major exchanges were not susceptible to any kind of serious meltdown. An…
Jennifer Sor
1 min read
Cryptocurrency lending platform Celsius lays off a quarter of its workforce
The platform last month paused all withdrawals citing "extreme market conditions". According …