US court freezes Three Arrows Capital assets and approves subpoenas for founders
The order was made in response to an emergency motion by liquidators, who say that 3AC’s founders—Su Zhu and Kyle Davies—have been uncooperative.
The order was made in response to an emergency motion by liquidators, who say that 3AC’s founders—Su Zhu and Kyle Davies—have been uncooperative.
South Korea has agreed with the United States to share digital asset crime investigation data and make joint efforts to investigate entities and persons connected to the collapsed Terra blockchain.
Looking around now at the constant stream of insolvencies cropping up in the industry, it is clear that we are facing a contagion story that is almost as big as the mortgage crisis of 2008.
In a recent interview with eCarbon CEO Joshua Fernando, we discussed the what, when, and hows of the digital currency crash and when will the 'crypto' winter end.
Digital asset hedge fund Three Arrows Capital, which had been around since 2012, now appears to be dragging other industry names into its whirlpool.
CoinGeek's Patrick Thompson looks at how the speculative era is inching to an end following the recent events in Bitcoin that have had a domino effect on the broader digital assets market.
According to the BIS, the need for the project is due to "the collapse of many stablecoins and decentralized finance (DeFi) lending platforms."
The move is to ensure Terraform employees are available for the ongoing investigation of the crash of the blockchain's LUNA and UST tokens.
Three Arrows Capital fails to meet margin calls, and as a result, some of its lenders have began liquidated the positions that 3AC had on its platform.
Joshua Henslee released a video sharing his thoughts on why a second major crash in the digital currency sector is happening and why he thinks we’re entering a longer-term bear market.
The U.S. securities regulator has sent a letter of inquiry to an unnamed major exchange requiring information on how it protects its users from insider trading on its network.
If a decentralized stablecoin can crash and take billions of digital currency market capitalization due to "fear," it is hard to imagine what a centralized stablecoin crash could do to the industry.