Cryptocurrency Analysis and News Portal
Wu Blockchain, a Chinese crypto reporter, tweeted that 97,477 ETH was transferred from the cryptocurrency exchanges FTX, Binance and Coinbase to a wallet marked by Nansen as belonging to Three Arrows Capital. Nansen, a blockchain analysis firm, confirmed the data to CryptoX. Source
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Crypto hedge fund Three Arrows Capital (3AC) has bought more than half a billion dollars worth of Ether in the time since CEO Zhu Su publicly slammed the cryptocurrency on Twitter. Do the purchases mean he's changed his mind, or was he just taking advantage of a market crash to
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Solice, a cross-platform PC and virtual reality (VR) game built in the mold of Decentraland and The Sandbox, announced the raise on Thursday. The round was led by Zhu Su’s Three Arrows Capital, with participation from Alameda Research, Jump Capital, Genblock Capital, Kucoin Labs, Solar Eco Fund, CMS Holdings, Rarestone
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Mean DAO has raised a $3.5 million funding round to boost Solana’s decentralized finance (DeFi) ecosystem with a protocol for money streaming, a service that automates payment and banking workflows and allows for flexible payment schedules.The project announced the funding round on Monday, led by Three Arrows Capital, SoftBank and
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CEO and founder of hedge fund Three Arrows Capital (3AC) Zhu Su tweeted that he has “abandoned Ethereum despite supporting it in the past,” before making a U-turn on the statement. In the Nov. 21 thread, Su claimed that Ethereum culture “suffers massively from the Founders’ Dilemma,” and that “everyone is
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Decentralized finance development firm Neon Labs has concluded a $40-million private token sale as part of its ongoing efforts to create an Ethereum-compatible environment on the Solana blockchain, underscoring heightened investor demand for scalability and liquidity solutions in the rapidly growing decentralized finance market.The private sale of NEON tokens was
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“Cardano is going to follow the path we’ve seen from chains other than Ethereum,” said Matovu. “Step by step other alternative chains pop up, and what we’ve seen is that a few teams build key protocols and then the ecosystem pops up around them.” Original Source
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Solana ecosystem project Orca has concluded an $18 million Series A investment round led by some of the biggest venture funds in crypto, offering further evidence that high-profile investors are keen to back SOL-based startups. Orca, which operates as a decentralized exchange, will use the funds to continue developing its automated
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Avalanche, a smart contract-enabled cryptocurrency, has received a $230 million investment from a group of VC companies. The funding round, which is being described as a private sale, was led by Polychain and Three Arrows Capital, with the participation of other companies. This investment will give these companies participation in
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Executives hailing from Singapore-based fund manager, Three Arrows Capital (3AC), have launched a fund focused on collecting premium digital art in the form of nonfungible tokens (NFTs).The fund, dubbed Starry Night Capital, was founded by Three Arrows Capital’s CEO, Su Zhu, 3AC co-founder, Kyle Davies, and the pseudonymous NFT collector,
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