Markets
Markets
Multicoin Raises New $430M Web3 Fund
The fund will make investments in web3 infrastructure, DAOs and DAO tooling, consumer products, new IP-based business models, and creator monetization.
Markets
Soaring Inflation Wallops Crypto and Stocks as Investors Gird for Rate Hikes
Crypto's Correlation with Stocks Stings Yet Again
Markets
The Euro crashes as CPI data casts a shadow
The euro was last worth the same as the dollar in December 2002, shortly after the currency was established. 19 European countries use the Euro and that’s a lot of GDP to make a mess of. And of course we’re looking to the Fed’s interest rate hikes which have made the dollar dollar bill a…
Markets
Three Arrows’ Su Zhu Breaks Silence Accusing Liquidators of Playing Dirty
Su Zhu alleges liquidators failed to claim StarkWare tokens before a July 5 deadline.
Markets
Three Arrows Capital Owes Blockchain.com $270M
Another creditor of beleaguered crypto hedge fund Three Arrows Capital is owed $270M.
Markets
Crypto Contagion: Mapping the fallout from $LUNA, 3AC, Celsius, Voyager and BlockFi
You’ll no doubt be hearing the word contagion from all corners but didn’t we just escape the clutches of the pandemic. Well yes. But crypto is really like a house of mirrors where nothing is ever what it seems. But it’s also a house of cards, built on a complex system of levered dependencies. And…
Markets
Voyager Delivers Painful Lesson on Perils of Counterparty Risk in Bankruptcy Drama
Exposure to Three Arrows Sinks Crypto Exchange as Dominoes Fall
Markets
Crypto Broker Voyager Suspends Withdrawals and Trading After 3AC’s Loan Default
Voyager, a crypto broker, has suspended withdrawals, trading, deposits and loyalty rewards from its app following Three Arrows Capital’s default on its loan.
Markets
FTX Reaches Deal to Acquire BlockFi for Up to $240M as CeFi Lenders Buckle Under Market Pressure
FTX, the second-biggest cryptocurrency exchange by trading volume, has signed an option to purchase crypto lender BlockFi for as much as $240M, BlockFi CEO Zac Prince said Friday.
Markets
Three Arrows is Under Investigation in Singapore for Providing False Information to the Country’s Central Bank
Authorities in Singapore are investigating troubled crypto hedge fund Three Arrows Capital, the country’s central bank announced Thursday.
