Bankrupt cryptocurrency fund Three Arrows Capital's NFTs fetch $10.9 million at Sotheby'sThree Arrows Capital, which filed for US bankruptcy a year ago, spent $15.5 million worth of cryptocurrency on the 37 NFTs in a series of p...
16 Jun, 2023, 10.14 AM IST
Their crypto company collapsed. They went to Bali.Their Crypto Company Collapsed. They Went to Bali.
11 Jun, 2023, 11.04 AM IST
DCG's crypto exchange Luno to cut 35% jobs amid harsh crypto winterMore than a trillion dollars in value was wiped out from the crypto sector last year, with rising interest rates exacerbating worries of an...
25 Jan, 2023, 09.40 PM IST
Crypto firms acted like banks, then collapsed like dominoesIn a span of less than 12 months, nearly all of the biggest cryptocurrency companies have failed spectacularly.
24 Jan, 2023, 08.30 PM IST
RBI pitches for common approach towards crypto assets to address potential risksTo promote responsible innovation and to mitigate financial stability risks in crypto ecosystem, the report said it is vital for policymake...
29 Dec, 2022, 09.16 PM IST
Cryptocurrencies fall after FTX-Binance turmoil spooks investorsThe proposed deal between high-profile rivals followed week-long speculation about FTX's financial health that snowballed into $6 billion o...
09 Nov, 2022, 10.35 PM IST
Three Arrows founders, en route to Dubai, describe ‘regrettable’ collapseIn a wide-ranging interview, the former Credit Suisse traders detailed the events leading to their fund’s implosion, which itself set off a...
22 Jul, 2022, 01.41 PM IST
Crypto hedge fund Three Arrows' liquidators get OK to claim US assetsUS Bankruptcy Judge Martin Glenn in Manhattan gave the liquidators authority to claim 3AC's US-based assets and issue subpoenas to its foun...
13 Jul, 2022, 08.20 AM IST
Singapore's crypto aspirations shaken by Three Arrows collapseCrypto players in Sungapore are bracing for further bankruptcies and legal tussles, and expect that regulators at the Monetary Authority of...
12 Jul, 2022, 01.18 PM IST
Founders of crypto hedge fund Three Arrows Capital go missingThree Arrows Capital was founded by Credit Suisse traders Zhu Su and Kyle Davies and once managed an estimated $10 billion in assets.
12 Jul, 2022, 11.33 AM IST
Blockchain.com faces $270 million hit on loans to bankrupt Three Arrows - CoinDesk3AC has sought protection from creditors under the US Bankruptcy Code, which allows foreign debtors to shield US assets.
09 Jul, 2022, 08.45 AM IST
Crypto lender Voyager files for bankruptcyIn its Chapter 11 bankruptcy filing on Tuesday, Toronto-listed Voyager estimated that it had more than 100,000 creditors and somewhere betw...
06 Jul, 2022, 11.55 AM IST
Crypto lending platform Celsius lays off 150 employeesCelsius raised $750 million in funding late last year, reaching a valuation of $3 billion.
04 Jul, 2022, 12.55 PM IST
Top crypto hedge fund Three Arrows Capital files for bankruptcyAccording to court documents seen by the Financial Times, crypto options and futures exchange "Deribit claimed Three Arrows failed to repay...
02 Jul, 2022, 02.23 PM IST
Crypto lender Voyager Digital suspends withdrawals, depositsThe move comes days after the company issued a default notice to embattled hedge fund Three Arrows Capital (3AC) for the fund's failure to ...
02 Jul, 2022, 08.29 AM IST
Crypto hedge fund Three Arrows Capital has entered liquidation, source saysCrypto broker Voyager Digital issued 3AC with a default notice on Monday after it failed to make payments on a loan of 15,250 bitcoin (appr...
29 Jun, 2022, 06.28 PM IST
Crypto hedge fund Three Arrows Capital considers asset sales, bailoutThe ten-year-old hedge fund Three Arrows Capital, founded by Su Zhu and Kyle Davies, has hired legal and financial advisers to help it work...
17 Jun, 2022, 08.00 PM IST