An ailing crypto hedge fund is reportedly contemplating its options in dealing with massive losses, including being bailed out by other firms and selling remaining assets. In a new report by the Wall ...
Tag: Arrows
Three Arrows at Nearing Doomsday – Are Other Crypto Hedge Funds In The Trenches?
Since the beginning of the year, the crypto market has been in the grip of bears. It has had an arduous path back to its winning ways, as it demonstrated in November 2021 when it smashed the $3 trilli...
Three Arrows Capital team sought funds for GBTC trade before meltdown
Just a few days before hedge fund Three Arrows Capital was liquidated across several crypto exchanges, its affiliated over-the-counter trading firm pitched investors on a new opportunity. According t...
Three Arrows Capital’s On-Chain Activity and What It Reveals
June 17, 2022, 1:05PM EDT • 5 min read Quick Take Rumors about 3AC’s insolvency started circulating on Monday, June 13th As of this writing, 3AC has already liquidated or moved $158.3mm since the spec...
Genesis Trading says it liquidated position of ‘large counterparty’ amid Three Arrows controversy
Michael Moro, CEO of crypto lending and trading firm Genesis, said Friday that the firm had liquidated the collateral of a “large counterparty” — all but confirming its connection to...
Crypto Hedge Fund Three Arrows Capital Considers Asset Sales
The firm’s founders say they still believe in the future of cryptocurrencies Crypto’s total market capitalization, which had topped out at nearly $3 trillion Three Arrows is still trying to quantify ...
Here’s What Led To The Liquidation Of Three Arrows
Three Arrows Capital (3AC), a hedge fund based in Singapore, failed to meet margin calls and witnessed some of its positions liquidated on the weekend. The Crypto crash has forced lenders to significa...
Crypto carnage pushes Celsius, Three Arrows Capital closer to insolvency, June 9-16
The 2022 version of crypto winter has been unlike anything we’ve seen before. As I warned last month, the meltdown of the Terra ecosystem didn’t end with Luna Classic (LUNC) hitting zero. The biggest ...
Three Arrows Capital Considering Bailout
Alex Dovbnya High-flying hedge fund seeking bailout, according to co-founder Kyle Davis Embattled cryptocurrency hedge fund Three Arrows Capital (3AC) is working on securing a bailout agreement, accor...
BlockFi among firms that liquidated Three Arrows collateral: FT
BlockFi was one of the companies that liquidated the collateral on a loan from Singapore-based crypto hedge fund Three Arrows, according to the Financial Times. The Block had previously reported that ...
Genesis Trading May Have Also Liquidated Three Arrows, Here’s Why
Genesis Trading CEO Michael Moro said the company has liquidated positions in a large counterparty that failed to meet a margin call earlier this week. Moro thinks it’s important for any company to pr...
Everything About Three Arrows Capital’s Insolvency Risks and What Happened
One of the largest crypto venture capital firms, Three Arrows Capital, is on the verge of insolvency as it grapples through asset sales and bailouts. The recent condition of 3AC links to all that has ...
Three Arrows Capital weighs bailout as Kyle Davies breaks silence: Report
Crypto-focused hedge fund and venture capital firm Three Arrows Capital is considering the sale of remaining assets and even a bailout as it grapples with the prospect of insolvency in the wake of a v...
Three Arrows Capital Founders Come Clean On Insolvency Risks
Three Arrows Capital’s co-founders Kyle Davies and Zhu Su in an interview on Friday said the firm is considering asset sales and bailout as the insolvency risk looms. Davies says, after suffering heav...
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...
Avalanche Distances Itself From Three Arrows Amid Insolvency Fears
Ethereum competitor Avalanche said on Friday that it has little exposure to beleaguered hedge fund Three Arrows Capital, as the latter faces a potential insolvency. The blockchain said in a tweet tha...
Crypto venture capital giant Three Arrows was liquidated by BlockFi and 3-others
Three Arrows, a huge crypto venture capital, and trading fund, was liquidated by BlockFi and other top-tier crypto lending businesses after it failed to top up its loan collateral. Despite the fact th...
BlockFi Mentions That It Liquidated Three Arrows Capital, Here’s What We Know!
Crypto Lending Platform BlockFi has confirmed via a tweet that despite “best business judgement” it had to liquidate a “large client”. This decision was primarily taken in order to alleviate risks whi...
Three Arrows Capital Liquidates All Staked Ethereum In A Wallet
Crypto hedge fund Three Arrows Capital liquidated all Staked Ethereum (stETH) holdings in one of its wallets on Friday. The hedge fund on the brink of insolvency has been selling its stETH and Ethereu...
Three Arrows Capital reportedly considering asset sales, bailout
? Want to work with us? CryptoSlate is hiring for a handful of positions! Three Arrows Capital, which has been facing allegations of using client funds to meet margin calls, is exploring asset sales o...
Three Arrows Capital Eyes Asset Sale or Bailout, Confirms Co-Founder
Following the recent drama with the crypto hedge fund, one of the co-founders – Kyle Davies – said they are exploring different options, some of which include asset sales and getting rescued by anothe...
Crypto Firm Three Arrows Capital Considers Bailout
Per a report from The Wall Street Journal, proprietary crypto trading firm Three Arrows Capital (3AC) has confirmed the rumors about its insolvency. The firm has hired a legal and financial team of ad...
BlockFi To Ease Risks With Three Arrows Capital! Here’s How
Cryptocurrencies, which had surged on June 15 after US Federal Reserve Chair Jerome Powell sounded a firm inflationary stance, gave up their gains yesterday amid renewed market concerns about increasi...
Crypto hedge fund Three Arrows hires financial experts to help stay afloat
Since being hit hard by a market sell-off in digital assets, cryptocurrency hedge fund Three Arrows Capital Ltd. (3AC) has recruited legal and financial advisors to find a solution for its investors a...
Three Arrows Capital Liquidated For Millions, Fails To Meet Margin Calls
A new report has revealed that venture firm Three Arrows Capital (3AC) has reportedly failed to meet margin calls from lenders. The developments have once again brought up the risk of insolvency follo...
Three Arrows Sells More Staked Ethereum (stETH) As Liquidation Looms
Singapore-based crypto hedge fund Three Arrows Capital is facing liquidation risks as it continues to remove stETH tokens from its holding. Three Arrows Capital on Thursday has again exchanged 5500 st...
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...
Is Multibillion-Dollar Hedge Fund Three Arrows Next to Unravel? Here’s What’s Going On
Something’s amiss at Singapore-based crypto hedge fund Three Arrows Capital, but it’s not yet clear whether that means the firm is insolvent, as the rumors spreading across the cryptosphere suggest. T...
When Crypto Rebuilds After This Cold Winter, Firms Like Three Arrows Capital Won’t Have a Place; Bitcoin Sinks Toward $20K
“I’ve been seeing a lot of speculation about BlockFi’s risk management practices that I want to address. While our policy is to not comment on specific counterparties, we are committed to provid...
BlockFi Took Part in Liquidating Three Arrows: Report
Key Takeaways On Tuesday, reports emerged that Three Arrows Capital suffered $400 million in liquidations from lending firms. Today, the Financial Times reported that BlockFi was one company that was ...
BlockFi reportedly among firms that liquidated Three Arrows Capital
Latest report about Singapore-based crypto hedge fund Three Arrows Capital (3AC) notes that the venture firm has not met margin calls from lenders. The news looks to spell more gloom for the firm, whi...
The Three Arrows Capital crisis hits the fan with this new twist
The Three Arrows Capital crisis seems to have taken a new shift after latest developments. The Singapore-based hedge fund has been edging towards insolvency with massive liquidations. Co-founder Su Zh...