Three Arrows Capital

Three months after receiving approval from the High Court of Singapore to start looking into 3AC's assets there, liquidators for Three Arrows Capital (3AC) seized $35.6 million from the bank accounts of the defunct cryptocurrency hedge fund in the country. The cash seized by Teneo, the...

Ardana, a DeFi and stablecoin ecosystem building on Cardano (CRYPTO: ADA), halted development on Thursday, citing "funding and project timeline uncertainty." What happened: Ardana Labs said it will keep the project open-source for builders, while “treasury balances and remaining...

The co-founder of the collapsed crypto fund Three Arrows Capital (3AC) says FTX founder Sam Bankman-Fried was allegedly “hunting” the fund's positions and colluding to bring it down. Kyle Davies on Wednesday said he was the biggest critic of the collapsed crypto exchange...

Last month, Blockworks hosted its Digital Asset Summit (DAS) at the Royal Lancaster Hotel in London, England. During this event, builders, financiers and enthusiasts gathered to speak about the new world of finance and cryptocurrency that’s still developing. At the time, the markets were...

FTX founder and former CEO Sam Bankman-Fried announced via Twitter Friday that FTX US, FTX Trading, quantitative research firm Alameda Research and 130 additional affiliated companies to the FTX Group have commenced voluntary proceedings under Chapter 11 bankruptcy. That begs a very...

Beleaguered cryptocurrency lender Hodlnaut had downplayed its exposure to the Terra ecosystem and its sister token Luna (CRYPTO: LUNC) created by fugitive Do Kwon in the run-up to and after its crash and had suffered a nearly $190 million loss as it collapsed, according to the findings of an...

Bankrupt cryptocurrency lending firm Voyager Digital Ltd. (OTC: VYGVQ) has sought creditors' approval for its $1.42 billion sale to cryptocurrency exchange FTX, after securing an initial court clearance. U.S. Bankruptcy Judge Michael Wiles said that as...

Bankrupt crypto lender Voyager Digital has announced the sale of its entire stake in cryptocurrency platform Coinify for $2 million. Voyager, which filed for chapter 11 in July, acquired Coinify in August last year for $15 million in cash, plus 5.1 million Voyager common shares. Coinify, a...

Cryptocurrency platform Coinbase Global Inc (NASDAQ: COIN) reported second-quarter financial results after market close Tuesday. Here’s what analysts are saying about the company, the crypto bear market and what’s ahead. The Coinbase Analysts: Bank of America analyst Jason Kupferberg...

Cryptocurrency platform Coinbase Global Inc (NASDAQ: COIN) reported second quarter financial results and shared an updated full year guidance after market close Tuesday. What Happened: Coinbase reported second quarter revenue of $802.6 million, compared to $2.0 billion in the previous year’s...

Coinbase Global Inc (NASDAQ: COIN) said that struggling cryptocurrency firms that failed to successfully navigate the economy engaged in risky lending practices. What Happened: “We believe these market participants were caught up in the frenzy of a crypto bull market and forgot the...

Three Arrows Capital (3AC), a cryptocurrency hedge firm that just filed for Chapter 15 bankruptcy in New York, received a $2.36 billion loan from Genesis. It required a margin of more than 80% on its loans to 3AC, and when 3AC failed to meet those criteria, it liquidated collateral. After that...

Bankrupt crypto hedge fund Three Arrows Capital's (3AC) assets have been frozen by the New York bankruptcy court after a ruling from a federal judge on Tuesday. What Happened: Judge Martin Glenn of the Southern District of New York granted an emergency motion to freeze 3AC’...

Crypto hedge fund Three Arrows Capital (3AC) filed for Chapter 15 bankruptcy protection earlier this month, and the beleaguered fund's legal team has said its co-founders are untraceable. What is known , is the list of creditors for the hedge fund. The list of Three Arrows Capital...

Sam Bankman-Fried, the founder and CEO of FTX, has said the company has “a few billion” to bail out other cryptocurrency companies. What Happened: In a recent interview with Reuters, Bankman-Fried said that FTX still has enough cash to do a $2 billion deal if needed...