Three Arrows Capital To Become Latest Victim Of Crypto Crash | Cryptocurrencies – Tech Tribune France

Crypto hedge fund Three Arrows Capital went into liquidation just days after it was accused of defaulting on a multi-million dollar loan to crypto bank Voyager. Consulting firm Teneo has confirmed that two people from the beleaguered investment house’s British Virgin Islands offices have been appointed to oversee the liquidation, after Sky News broke the … Read more

Crypto Hedge Fund Three Arrows Capital Defaults on $650 Million Loan

Placeholder while loading article actions Crypto broker Voyager Digital issued a notice of default to hedge fund Three Arrows Capital on Monday for failing to make required payments on a loan worth more than $650 million, the latest sign of financial turmoil that rocked the cryptocurrency world as the value of tokens on the market … Read more

Crypto Hebdo: From Celsius’s liquidity crisis to the bankruptcy of Three Arrows Capital and prospects… – BeinCrypto International

Crypto Hebdo From Celsiuss liquidity crisis to the bankruptcy of

Cryptocurrencies continue to bog down in the bear market as Celsius Network and Three Arrows Capital experience crisis. Bitcoin plunged below $20,000. Ethereum also fell below $1,000. Moreover, the European Union is rushing to regulate the sector. Finally, Circle will launch a euro-backed stablecoin. Celsius Network on the brink of a cash crisis On the … Read more

Cryptos: The difficulties of the Three Arrows Capital fund raise fears for the worst for the sector

The questioning of the solvency of this fund at 10 billion dollars added to the uncertainties on the Celsius lending platform raise fears of a devastating domino effect on the ecosystem of cryptoassets. The cryptocurrency winter is tough for many players. In the space of a few months, two billion in capitalization have gone up … Read more

Crypto crash: What contagious risks could Celsius, Three Arrows pose? Here’s what to watch – CNET

The latest crisis began on Sunday with Celsius, one of the largest crypto lending platforms, suspending all withdrawals, trades and transfers between accounts. The company has reportedly hired restructuring lawyers to advise them on possible solutions to its growing financial problems, according to a report published Tuesday by The Wall Street Journal. Meanwhile, rumors swirled … Read more

‘Staked Ether’ Becomes the Center of Crypto Stress, from Celsius to Three Arrows | Cryptocurrency

Staked Ether Becomes the Center of Crypto Stress from Celsius

The price gap between ether locked on Lido and spot ether has reached record highs as large holders sell off their tokens, sparking concern of a potential ripple effect in loan markets cryptocurrencies. A token known as “staked ether” has suddenly become a key target for crypto traders trying to monitor extreme tensions in digital … Read more