Everyone has been talking about Three Arrows Capital (3AC) over the past week, and there is a reason for that. The venture capital firm is at the forefront of a massive liquidation spurred by the rece...
Tag: 3AC
More Trouble for 3AC as it now looks for Crypto Bailout and Asset Sale Option
Three Arrows Capital is now in the process of being liquidated by cryptocurrency lending platforms. After failing to meet its margin calls, BlockFi, one of the main decentralized finance (DeFi) lendin...
The current Celsius, 3AC situation may not be as bad as rumors suggest
? Want to work with us? CryptoSlate is hiring for a handful of positions! One of the more concerning issues around the current insolvency fears for several centralized lenders and investors is the lac...
3AC Founder Kyle Davies Breaks Silence; Is The Firm Going To Sell All Its Remaining Assets?
A VC firm and a crypto-focused hedge fund, Three Arrows Capital seeks to sell its remaining assets as the platform potentially smell insolvency amid the violent collapse in digital asset markets. As p...
BitMEX and Others Exiting Three Arrows Capital Amid 3AC Insolvency Fears
Three Arrows Capital was a darling among crypto investment firms for years. Now, amid the crypto bear market and after the Terra collapse last month, 3AC appears to be at real risk of insolvency and c...
Celsius Drama, 3AC Insolvency Rumors, Bitcoin Amid $20K: This Week’s Crypto Recap
The market has taken a beating over the past seven days, and it’s not looking very good at the time of this writing. Bad news came from various fronts, which resulted in close to $400 billion being wi...
3AC Performed Treasury Management for Firms in Its Investment Portfolio
Reports are emerging that the venture capital (VC) firm Three Arrows Capital (3AC), which is currently facing an insolvency crisis, habitually offered treasury management services to the companies in ...
Crypto Saving App Pauses Reward Distributions and Changes Withdrawal Limits Amid 3AC Fiasco
Finblox, a high-yield crypto savings platform, has announced that it has halted its user reward system and altered withdrawal limits. The platform cited the prevailing “highly volatile market” as the ...
Genesis Trading Confirms “Large Counterparty” Liquidation Amid 3AC Crisis
Key Takeaways Genesis Trading CEO Michael Moro has confirmed that the firm liquidated “a large counterparty” this week. Though he didn’t name the counterparty, he was likely referrin...
Finblox Limits Daily Withdrawals as Fears Grow Over Future of 3AC
Crypto savings app Finblox is imposing a withdrawal limit and preventing new users from registering due to uncertainty over the future of crypto hedge fund Three Arrows Capital. The latter is a major ...
Three Arrows Capital (3AC) Facing Insolvency as per Recent Reports
7 hours ago | 2 mins read Bitcoin News According to reports, the 3AC “liquidation” reached at least $400 million. According to Dune Analytics, 3AC’s portfolio allocation is $372.47 million. Digital cu...
Liquidity provider asks platforms to freeze 3AC funds to recover assets after litigation
Danny Yuan, the CEO of trading firm 8 Blocks Capital, called out to platforms that are holding funds owned by 3AC to freeze the assets, as rumors of 3AC’s insolvency stay afloat. In a Twitter thread,...
Could 3AC affect Ethereum enough to register newer lows this week
The global crypto market cap has dropped by $369 billion in the past week. Ethereum [ETH], as it stands, took the biggest hit during the past week among the top 10 cryptocurrencies. But the question i...
DeFi contagion fears and rumors of Celsius and 3AC insolvency could weigh on NEXO price
The price of Nexo (NEXO) continued to fall on June 15 as crypto lending firms continue to be shaken by the falling cryptocurrency market. Meanwhile, Nexo has denied rumors of exposure to Three Arrows ...
The 3AC crypto fund is losing millions
Three Arrows Capital, 3AC, is a hedge fund founded in 2012 by Su Zhu and Kyle Davies, and invests heavily in crypto markets. Hedge fund 3AC is blaming the collapse of the crypto market It has recentl...
3AC Transfers $90M FTT on KuCoin
3 hours ago | 2 mins read Editors News 3AC in liquidation of $400 million. Transfers $90 million worth FTT on KuCoin. Refrains FTX from tracking its transactions. The Three Arrows Capital (3AC) has be...
Tether Calms Fears Over Reserve Backing, Exposure to 3AC, Celsius
Key Takeaways Tether has denied the rumors that 85% of its commercial paper portfolio is backed by bad Chinese real estate debt. The firm stated that U.S. Treasuries made up 47% of its reserves and th...
Would 3AC be the latest domino to fall after UST and Celsius
Online chatter has recently increased multi-fold around Three Arrows Capital post speculations related to insolvency. There are swirling rumors that the company will be the latest to crash in a domino...
3AC wallet drops below liquidation level risking over $200 million in ETH
A wallet rumored to belong to investment firm 3AC has just dropped below the threshold for liquidation. The company had over $184 million in stablecoin loans collateralized by $222 million in wETH. A ...
Su Zhu Says 3AC Is “Committed to Working This Out” as Wipeout Rumors Rage
Share this article Su Zhu and Kyle Davies’ Three Arrows Capital is one of crypto’s most respected hedge funds. Su Zhu Speaks Out Three Arrows Capital co-founder Su Zhu has broken his silence after rum...
Scammers Fake Luna 2.0 Token Airdrop, Send Million of Tokens to Vitalik Buterin, 3AC and Justin Sun
Arman Shirinyan Scammer was trying to trick users into sending their Luna tokens to a fake airdrop address The issuer of new Terra 2.0 tokens appeared to send a new Luna 2.0 to addresses of cryptocurr...
LUNA Leading Investor Zhu Su Of 3AC Responds To Luna’s Downfall
Earlier this morning, Zhu Su went on to express his unhappiness towards the Luna slide in a series of tweets. Zhu Su, the CEO of 3AC, conveyed remorsefulness and apologised for ignoring the frequent w...
FTX Ventures and 3AC Bet on Mina Ecosystem
Key Takeaways The raise was co-led by 3AC, FTX Ventures and Pantera Capital among others. Mina Protocol is focused on developing apps that use ZK Proofs as their underlying technology. ZK Proof techno...