by COINS NEWS - 1 year ago
tldr; Three Arrows Capital’s founders Su Zhu and Kyle Davies are nowhere to be found, according to officials charged with liquidating the bankrupt company. The Singapore-based hedge fund defaulted on a $670 million loan and failed to repay $270 mill...
by COINS NEWS - 1 year ago
submitted by /u/N0tMac [link] [comments]
Cryptocoins News / NewsBTC - 1 year ago
Crypto hedge fund 3 Arrows Capital is slated to be another pillar piece of 2022’s bear market headlines, joining the likes of brutal bear market moments that include Terra Luna’s downfall and CeFi’s drama. While rumors have swirled...
Bitcoin News / Bitcoin.com - 1 year ago
The troubled crypto hedge fund Three Arrows Capital Ltd., otherwise known as 3AC, has filed for bankruptcy according to recent court filings. The court papers show 3AC is aiming for an ancillary Chapter 15 proceeding so liquidators and creditors cann...
by COINS NEWS - 1 year ago
submitted by /u/lunargrover [link] [comments]
Bitcoin News / Bitcoin.com - 1 year ago
On Wednesday, it was reported that the crypto hedge fund Three Arrows Capital (3AC) was liquidated by a British Virgin Islands court and following the alleged liquidation, the Monetary Authority of Singapore (MAS) has reprimanded 3AC for misleading r...
Bitcoin News / Bitcoinist - 1 year ago
Newly surfaced reports revealed that some hedge funds are now shorting Tether USDT. A Monday report from the Wall Street Journal (WSJ) stated several opened short positions on USDT. According to the report, a leading crypto brokerage, Genesis Global...
by COINS NEWS - 1 year ago
submitted by /u/aktivate74 [link] [comments]
by COINS NEWS - 1 year ago
Short sellers have been ramping up their bets against tether, the world’s largest stablecoin, amid a broad market selloff that has called into doubt the financial health of some crypto companies. In the past month, more traditional hedge...
by COINS NEWS - 1 year ago
submitted by /u/OkOrdinary5299 [link] [comments]
by COINS NEWS - 1 year ago
submitted by /u/elumeus [link] [comments]
Cryptocoins News / NewsBTC - 1 year ago
The crypto ecosystem is still dealing with the fallout caused by the collapse of the Terra ecosystem, the company behind stablecoin USDT, Tether, is being targeted by hedge funds. Confirmed by Paolo Ardoino, CTO at Tether and crypto exchange Bitfine...
by COINS NEWS - 1 year ago
submitted by /u/smoothcrimi [link] [comments]
by COINS NEWS - 1 year ago
submitted by /u/DSGX [link] [comments]
Bitcoin News / Bitcoin.com - 1 year ago
Last week there was a lot of focus on the crypto hedge fund Three Arrows Capital (3AC) as the firm allegedly had a great deal of leveraged positions liquidated and there’s been speculation about insolvency. According to a recent report, 3AC&#x...
More / Bitcoin Reddit - 1 year ago
Hedge Funds are in real trouble with the market turning down as we head into what is clearly a huge recession. They are selling off all future bets to stay afloat. Thats where we're seeing all this sell pressure. Nothing has changed about the technol...
by COINS NEWS - 1 year ago
submitted by /u/theregos [link] [comments]
Bitcoin News / Bitcoin.com - 1 year ago
Two days ago, Bitcoin.com News reported on the crypto hedge fund Three Arrows Capital (3AC) after reports claimed that the company was allegedly struggling with financial hardship and possible insolvency. Now the crypto firm Finblox is feeling the ef...
by COINS NEWS - 1 year ago
submitted by /u/lunargrover [link] [comments]
Bitcoin News / Bitcoin.com - 1 year ago
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 t...
by COINS NEWS - 1 year ago
submitted by /u/tschmitt2021 [link] [comments]
by COINS NEWS - 1 year ago
submitted by /u/newbonsite [link] [comments]
Cryptocoins News / The Cointelegraph - 1 year ago
Traditional hedge funds are slowly embracing cryptocurrency investments but are keeping their exposure limited as the market continues to mature, according to new research from PricewaterhouseCoopers, or PwC.In its 4th Annual Global Crypto Hedge Fund...
Cryptocoins News / The Cointelegraph - 1 year ago
Ethereum's native token Ether (ETH) rose by more than 5% to reach its intraday high above $1,930 on May 30. Nonetheless, the ETH/USD pair risks facing another sell-off round due to concerns about a massive ETH inflow into an exchange.58.7K Ether tran...
by COINS NEWS - 1 year ago
submitted by /u/chrisgilly [link] [comments]
