DCG losses top $1B on the back of 3AC collapse in 2022
The crypto conglomerate reported that falling crypto prices and the fallout from Three Arrows Capital’s loan default to Genesis affected its results.
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‘Everything bubble’ bursts: Worst year for US stocks and bonds since 1932
While the crypto markets have taken a bashing in 2022, it hasn’t exactly been rosy for US stocks, bonds and real estate either.
Bitcoin bears well positioned for Friday’s $2.5 billion options expiry
BTC bears are outnumbered based on open interest volume, but bulls' hopes of $20,000 before 2023 have already been hampered.
Realized losses from FTX collapse peaked at $9B, far below earlier crises
Weekly-realized losses peaked at $20.5 billion when Terra Luna (LUNC) imploded and reached $33 billion when 3AC and Celsius collapsed, according to Chainalysis.
3AC subpoenas issued as dispute grows over claims of Terraform dump
The bankruptcy judge has given approvals to subpoenas aimed at Three Arrows Capital’s leadership, while a new Terra Luna conspiracy has been floated.
Three Arrow’s Su Zhu reveals latest attempts at a comeback post-FTX
The fall of FTX appears to have brought back certain crypto "villains” out from hiding, one even wants to start a new podcast series.
Analysis of FTX and Alameda Collapse Points to Terra LUNA Fallout Starting the Domino Effect
An analysis of the FTX and Alameda Research collapse has been published by the blockchain and crypto analytics firm Nansen and the report notes that the Terra stablecoin collapse, and…
FTX ex-exec floats ‘cool token’ idea amid warning rebound may take years
Zane Tackett suggests alternatives to "boomer procedures" when it comes to FTX bankruptcy.
Genesis Trading reveals $175M of funds are locked in FTX
Genesis Trading is the latest firm to declare exposure to FTX and may look to its parent company for help as it did after the 3AC bankruptcy.
Voyager customers could recover 72% of frozen crypto under FTX deal
The plan is tentative at this stage and won't be finalized until it receives approval from Voyager's creditors and the bankruptcy payout plan is approved by the judge.