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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...
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...
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 billionaire crypto investor admits there are still hard times ahead for most financial markets, but says that as long as the crypto space produces new tech, it will be…
BlockFi was one of several companies involved in the liquidation of Three Arrows Capital (3AC) according to the Financial Times. BlockFi Likely Liquidated Its Position On Tuesday, June 15, reports...
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…
“We are in the process of communicating with relevant parties and fully committed to working this out” Su Zhu stated.
Su Zhu and Kyle Davies’ Three Arrows Capital is one of crypto’s most respected hedge funds. Su Zhu Speaks Out Three Arrows Capital co-founder Su Zhu has broken his silence...
During the last year, there’s been a lot of discussion concerning bitcoin treasuries or public firms putting bitcoin on their balance sheets. However, the leading crypto asset by market valuation…
A $92 million token sale round, Coinbase listing, and an overall crypto market rebound boosted MINA's massive upside move.