
Three Arrows Capital (3AC) Owes $3.5B to Creditors as per Documents
Recent court documents of embattled crypto hedge fund 3AC show that the company owes $2.3 billion to Genesis Asia Pacific, one of the largest lenders.
Recent court documents of embattled crypto hedge fund 3AC show that the company owes $2.3 billion to Genesis Asia Pacific, one of the largest lenders.
Fintonia Group has been in business since 2014 and has been governed by the Monetary Authority of Singapore since 2016.
The NFT world is currently dominated by a few iconic collections, with CryptoPunks and the Bored Ape Yacht Club (BAYC) NFTs topping the charts.
According to Ben Gore, Christie’s COO, the launch of the fund will open more opportunities for exploring Web3 as well as provide another advantage over competitors.
The sell-off of Bitcoin is a way for companies to maintain their balance sheet.
Altcoins led by Ethereum have been the major contributors to the price rally. On the other hand, Bitcoin faces a strong resistance at its 200-week moving average.
With the impressive positive movements across crypto, shares of Coinbase increased by 9.07% to almost $59.
Fox-Geen revealed that the SPAC process takes longer for crypto companies.
Despite the glimmer of hope in BTC and ETH rally, analysts and investors alike, remain unconvinced about its sustainability.
Binance has received a fine from the Dutch governing bank for violating its Money Laundering and Terrorist Financing Prevention Act.
Binance CEO said that his company aims to remain a pure Web 3 company and would not just take bets for the sake of it. Binance is also eyeing some potential acquisitions in this bear market.
Yuga Labs also mentioned that the early testing phase which includes a lot of trips would mostly include participants who are Otherdeed owners and third-party developers.
NFT trading volumes have taken a hit across the board owing to crypto winter, as OpenSea plans to downsize workforce by 20%.
Since TIME launched TIMEPieces on September 22nd, 2021, the company has dropped over 20,000 pieces of NFT.
The Organismo Agenti e Mediatori’s amendment to its rules also follows the European Union’s ground-breaking regulations which seek to tame a volatile “Wild West” cryptocurrency industry.