Markets
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.
Markets
Optimism's TVL Doubles as Trading Activity Surges on Layer 2s
Loopring and Boba Network Shed Nearly $2B in TVL
Markets
Solend and Mango Markets Team Up to Handle Whale's $207M Debt
Scramble to Protect No. 1 Lender on Solana Shifts into New Phase
Markets
Creditor Slaps Three Arrows With Ultimatum to Pay $658M in Debt or Face Default
Crypto Hedge Fund Confronts Latest Crisis
Markets
Time Magazine and The Sandbox to Rebuild NYC in Metaverse
Venerable Publication Latest Media Concern to Embrace NFTs
