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Report: Bitmex, Deribit Liquidate 3AC’s Positions — Negativity Continues to Plague the Crypto Hedge Fund

Two days ago, Bitcoin.com News reported on the crypto hedge fund Three Arrows Capital (3AC) after reports claimed that the company was allegedly struggling with financial hardship and possible insolvency.…

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Report: Three Arrows Capital Liquidated for Millions, Sources Say Crypto Hedge Fund May Face Insolvency

According to “well-placed sources,” speaking with The Block reporter Frank Chaparro, the digital currency hedge fund known as Three Arrows Capital (3AC) may be facing insolvency after significant liquidations. Sources…

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Ethereum Name Service Domains Surpass 1 Million Registered Names

Ethereum Name Service, or ENS, surpassed a million created names this week, according to statistics from the crypto metrics dashboard Dune Analytics. Data shows that there’s been a significant spike…

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Metrics Show Decentralized Exchange Volumes Continue to Slide This Year

Decentralized exchange (dex) volumes have been dropping since December 2021 according to current statistics. However, last month dex trade volumes spiked 2.37% higher than the volumes recorded in February. Despite…

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Creators of the Cool Cats NFT Collection Sign With Leading Talent Agency CAA

According to a report released on Friday, the creators of the non-fungible token (NFT) collection Cool Cats have signed a deal with the American talent and sports agency based in…

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Bored Ape Yacht Club Donates $1 Million in Ethereum to Ukraine Following Community Efforts

On March 8, the team behind the Bored Ape Yacht Club (BAYC) donated $1 million in ethereum to the Ukraine government’s ether wallet. The BAYC team donated the funds in…

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Umbria Launches AVAX Cross-Chain Bridge Solution, Claims Tech Is 90% Cheaper Than Alternative

On Tuesday, the team behind the Umbria network announced the launch of the new Narni cross-chain Avalanche bridge. Umbria says the bridge is 90% cheaper than the official Avalanche bridging…

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Opensea’s All-Time NFT Sales Volume Crosses $20 Billion

Data indicates the non-fungible token (NFT) marketplace Opensea has crossed $20 billion in all-time sales. The leading NFT marketplace has seen more than 1.2 million traders leverage the platform since…

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Web3 Data Platform Dune Analytics Propels to Unicorn Status After $69.4 Million Fundraise

The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue. The firm’s latest fundraise follows the company’s Series A last…

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