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The Latest Breaking News from 3AC

Crypto: A Bernie Madoff-Style Scheme May Have Crushed Prominent Lenders

Most financially troubled crypto lenders have one thing in common: hedge fund Three Arrows Capital.

The Street

Did Tesla Crash the Bitcoin Market?

Electric vehicle company Tesla Inc (NASDAQ: TSLA) purchased $1.5 billion of Bitcoin (CRYPTO: BTC) in January 2021.

Benzinga

Death Threats Compelled Us To Disappear, 3AC Founders Say

Founders of the beleaguered crypto lending and borrowing firm Three Arrows Capital (3AC) say they received death threats following the collapse of their company, and that's what compelled them to disappear.

Benzinga

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Here Is Everyone (For Now) 3 Arrows Capital (3AC) Owes Money To

As Three Arrows Capital (3AC) goes through the liquidation process mandated by the Order of the Eastern Caribbean Supreme Court in the High Court of Justice in the British Virgin Islands, the full depth of the company's implosion and its effect on the crypto industry is starting to become clear.

Benzinga

Benzinga Before The Bell: Musk's Twitter Lawsuit, Uber Penalized For Overcharging People With Disabilities, Johnson & Johnson Cuts Outlook And Other Top Financial Stories Tuesday, July 19

CNBC Amazon Courts More Trouble As Regulators Inspect Its Warehouses

Benzinga

The Weekly Wrap for Saturday, 16 July 2022

This week, a tour of the Subcontinent. Gotabaya Rajapaksa finally took the hint and people partied through the state of emergency. Pakistan is flooding (both ways) and India claims more bragging rights.

inkl Originals

Bitcoin, Ethereum, Dogecoin Continue To Bleed: Analyst Points To Key Level To Watch For 'Oversold' Apex Coin

As investors await inflation data, Bitcoin and other major coins continue to tread red waters. The global cryptocurrency market cap declined 2.85% to $864.3 billion on Tuesday.

Benzinga

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The State of Crypto Investing Right Now: A Flashback TO The 90's And How to Minimize Risk

By CK Zheng, Co-founder and CIO, ZX Squared Capital

Benzinga

Collapsed crypto fund co-founder hits back at liquidators after ‘threats of physical violence’

A co-founder of a collapsed crypto hedge fund reportedly once worth $10 billion has hit back at accusations by liquidators that he is refusing to cooperate with them.

Evening Standard

Crypto Liquidity Crisis -- It's All About (the Lack of) Transparency

The young crypto industry is currently going through its most serious crisis.

The Street

Crypto: Liquidity Crisis Spreads to Major Exchanges

The crisis of confidence affecting crypto lenders is now spreading to major exchanges.

The Street

Mark Cuban Caught in Bankruptcy of Crypto Lender Voyager

Successful entrepreneur and star of the Shark Tank tv show is a crypto investor but one of his bets just backfired.

The Street

Voyager Digital goes bust after loan default

Voyager Digital, a major cryptocurrency investment firm, declared bankruptcy on July 6 after crypto hedge fund Three Arrow Capital (3AC) defaulted on a US$650 million loan.

Bangkok Post

Voyager Digital is the next domino to fall in crypto’s brutal wipeout

Stephen Ehrlich, the company's CEO noted that "volatility in the crypto markets" has forced his hand as the company filed for Chapter 11 bankruptcy.

Input

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news in one place.

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The Street

What's Wrong With Coins? Crypto Crisis Explained

The crypto industry is currently going through an unprecedented crisis. Here's a guide to what's going on, and what might be next..

Benzinga

Crypto Lender Voyager Files For Chapter 11 Bankruptcy Protection

Days after it suspended trading, deposits, and withdrawals on its platform, cryptocurrency lending platform Voyager Digital LLC (OTC: VYGVF) filed for Chapter 11 bankruptcy protection in New York, according to its court

Bangkok Post

Voyager Digital halts all trading after 3AC default

Major crypto exchange Voyager Digital halted all trading, deposits and withdrawals, preventing all users from accessing their funds after losing over half of its assets from Three Arrows Capital's (3AC) default on a loan worth over US$650 million.

The Street

Crypto: Hedge Fund Debacle May Ruin Two Prominent Lenders

Voyager Digital just abruptly halted fund withdrawals, while BlockFi struck a deal with a potential savior.

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news in one place.

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The Street

Bitcoin Had The Second Worst Quarter In Its Young History

Cryptocurrency prices are affected by an unprecedented crisis of confidence

Axios

The crypto bear: The bad, the ugly and no-good

This crypto boom, unlike the last, was marked by debt — that is a greed problem, not a blockchain one.

The Street

Crypto Crisis: More Bad News For a Failing Hedge Fund

Three Arrows Capital (3AC) has become the first big domino to fall in the current crisis of confidence affecting the crypto industry.

The Street

Bitcoin On Track to Close Its Worst Quarter in Over a Decade

Cryptocurrency prices are affected by an unprecedented crisis of confidence linked to concerns about the liquidity of lenders.

The Street

Crypto Crash: A First Big Domino Falls...Who's Next?

Hedge fund Three Arrows Capital (3AC), which bet big on failing crypto Luna and UST, falls into liquidation.

The Street

The Young Billionaire Who Wants to Save Crypto From Chaos

Since the cryptocurrency crash, embattled firms have turned to one name to avoid their collapse: Sam Bankman-Fried.

The Guardian - UK

Three Arrows Capital to become latest casualty of crypto crash

Crypto hedge fund facing collapse after claims of $650m default on loan to Voyager bank

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