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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.…
Babel Finance, a Hong Kong-based cryptocurrency lending company, has announced that it is suspending withdrawals. Babel Suspends Redemptions and Withdrawals Babel wrote today that “redemptions and withdrawals from Babel Finance...
Stablecoins pose a risk to the financial system due to their lack of transparency and often lack of safe reserves, according to a new Federal Reserve report. Federal Reserve Highlights...
With concerns about financial stability in mind, the European Central Bank (ECB) plans to limit digital euro holdings, according to Board Member Fabio Panetta. The plan is to have a…
The update comes as the celebrated crypto hedge fund Three Arrows Capital faces its biggest liquidity crisis to date. Genesis Trading Says It Liquidated Counterparty Genesis Trading has confirmed that...
The NFT and gaming-focused crypto unicorn Immutable has launched a $500 million fund dedicated to supporting Web3 games and NFT-focused companies building on its Ethereum Layer 2 scaling solution, Immutable...
Three Arrows Capital has reportedly hired legal and financial advisors to help it establish a plan to pay back investors and lenders. Zhu and Davies Mulling Bailout Three Arrows Capital...
The Bank for International Settlements has suggested that new regulatory approaches may be needed to address market manipulation by blockchain miners and validators. BIS Likens MEV to Illegal Market Manipulation...
The bill will now go up for another vote in Panamas National Assembly. President of Panama Strikes Down Crypto Bill The President of Panama has called for amendments to the...
Elon Musk held his first full meeting with Twitter employees on Thursday. There, he discussed his plans for cryptocurrency and other changes following his planned takeover of the social network....