BlockFi Liquidated Three Arrows Capital: Report
CEO Zac Prince tweeted that the crypto lender “exercised our best business judgment.” Original Source
Read MoreCEO Zac Prince tweeted that the crypto lender “exercised our best business judgment.” Original Source
Read MoreCrypto staking and yield generation platform Finblox has imposed a $1,500 monthly withdrawal limit and paused rewards in light of uncertainty surrounding crypto hedge fund Three Arrows Capital, which made a $3.6 million investment in the Hong Kong-based platform last December. Original Source
Read MoreThe investment firm has been one of the most-vocal crypto market participants in the past few years. Source
Read MorePlease note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
Read MoreCelsius, a crypto lender that has come under scrutiny since it froze withdrawals last weekend, citing "extreme market conditions," holds 409,260 stETH tokens, worth about $470 million at current prices, according to data provided by Ape Board, a portfolio tracker from the blockchain analysis firm Nansen. Original Source
Read MoreSummary: Three Arrows Capital co-founder Su Zhu believes that American boomers capitulated on crypto mid this month. He cites the declining prices of MicroStrategy’s and Coinbase’s stock in the traditional markets. Both assets remain in a confirmed downtrend that eerily resembles that of Bitcoin, thus indicating a strong correlation. The Co-founder of Three Arrows
Read MoreSummary: Su Zhu has admitted via Twitter that his Bitcoin supercycle thesis ‘was regrettably wrong.’ Mr. Zhu’s Bitcoin supercycle thesis had forecasted that BTC could reach $2.5 million if it took a large portion of Gold’s market share. The co-founder of Three Arrows Capital, Su Zhu, has admitted via Twitter that his Bitcoin
Read MoreSummary: Three Arrows Capital Co-Founder Zhu Su believes Bitcoin might have reentered an accumulation range. According to his analysis, Bitcoin has had a record-breaking seven weeks in the red, signaling possible accumulation. Bitcoin spot and derivatives volumes are also at their one-year highs. Bitcoin is exhibiting some strength against stocks almost overnight Earlier this week,
Read MoreCrypto firms eye the Middle East amid regulatory scrutiny from Singaporean officials. Original Source
Read MoreNexo, the crypto borrowing and exchange platform, has launched an NFT Lending Desk in partnership with NFT hedge fund Three Arrows Capital. The new lending desk caters to over-the-counter, or OTC, clients to offer crypto credit backed by NFTs. Nexo is one of the first crypto lenders to allow customers
Read More