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Tag: Three Arrows

3AC Co-Founder Kyle Davies Says He Won’t Apologize for Crypto Hedge Fund Going ‘Bankrupt’

“Am I sorry for a company going bankrupt? No, like companies go bankrupt, almost every company goes bankrupt, right?” Davies said about the public...

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BlockFi and 3AC Resolve Counterclaims in Bankruptcy Settlement, but There’s a Catch

A settlement between defunct crypto lending company BlockFi and the collapsed hedge fund Three Arrows Capital (3AC) was approved by a US bankruptcy court...

Weekly Update #38

Weekly Update #38February 5, 2024CipherTraceMARK COLLINS & DEMETRIOS TSEASRegulatory News:U.S. Justice Dept charges three individuals for $1.89B cryptocurrencyA cryptocurrency (or crypto currency) is a...

OPNX exchange to cease operations

Su Zhu, co-founder of the cryptocurrency exchange OPNX, has announced the platform’s shutdown, attributing the decision to the legal claims from the FTX estate.  The...

Terraform Labs Seeks U.S. bankruptcy shield

Terraform Labs, the Singapore-based company behind the Terra blockchain and its native cryptocurrency LUNA, has filed for Chapter 11 bankruptcy protection in the United...

Howl Review | TheXboxHub

Howl is making me feel guilty; due to the self-descriptive “living ink” design, there is immediately a beautiful look to it. It is reminiscent...

Genesis forfeits BitLicense, pays $8 million to settle NYDFS lawsuit

The New York State Department of Financial Services (NYDFS) announced a settlement with Genesis Global Trading, which includes an $8 million fine and the...

Digital Currency Group Has Paid Off $1,000,000,000 in Short-Term Debt, Says CEO Barry Silbert – The Daily Hodl

Digital Currency Group (DCG) CEO Barry Silbert says the venture capital firm has settled over $1 billion in debt, including the nearly $700 million...

Decrypt’s 2023 Story of the Year: The War on Crypto – Decrypt

After years of mostly unkind words for the crypto industry, 2023 was the year that U.S. regulators took out the sticks and stones. Following the...

A Crypto Christmas Special With Jlabs Digital: Past, Present, And Future

Another year, another Crypto Christmas special for our team at NewsBTC. In the coming week, we’ll be unpacking 2023, its downs and ups, to...

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