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...
Tag: Bailout
Celsius investors ‘unlikely’ to provide bail-out funds: WSJ
Major investors of crypto lending platform Celsius are “unlikely” to provide additional financial support, the Wall Street Journal reports. The news outlet said investors such as Canadian ...
Three Arrow Capital Reviews Bailout As An Option!
As per today’s Wall Street Journal article, struggling cryptocurrency hedge firm Three Arrows Capital (3AC) is focusing on negotiating a bailout arrangement. The failure of Terra, one of the largest b...
‘Few Are Feeling OK’: Celsius Investors Unlikely to Fund Bailout: Report
Embattled crypto lending platform Celsius Network is not on the brink of a bailout, according to a Wall Street Journal report citing people familiar with the matter. Caisse de dépôt et placement du Qu...
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...
Ethereum Founder Says A Terra Bailout Should Target These Holders
Ethereum founder Vitalik Buterin said on Sunday that any attempts by Terra to repay its holders should be deployed towards the most vulnerable of its holders. In a tweet, Buterin called for Terra’s de...
Swiss asset manager denies $3B LUNA/UST bail-out talks
GAM Investments has quashed fake news reports that surfaced on Friday that claimed the Swiss asset manager would invest some $3 billion to aid in the recovery of the Terra ecosystem, including LUNA an...
Terra Death Spiral Hits $3 as Bailout Rumors Fade
Key Takeaways Terra’s LUNA token is down another 90% today. Efforts to restore UST’s dollar peg have severely impacted LUNA’s price. Terraform Labs CEO Do Kwon has addressed the community ...
Binance Leads $150 Million Funding Round To Bailout Users Affected By Ronin Network Exploit
The world’s largest cryptocurrency exchange, Binance, joined hands with a host of other investors to close a $150 million funding round. The funds raised in the round, along with the Sky Mavis balance...
Wormhole restores hacked $300M through VC funding in largest ever DeFi bailout
The decentralized finance space experienced its first major setback of the year on 3 February when over $321 million in Ether were stolen from the cross-chain network Wormhole. While it was not the fi...
Opinion: Citadel’s $1.15 billion cash infusion isn’t a bailout but the final test of Ken Griffin’s ‘Death Star’
When you add more than a billion dollars’ worth of liquidity to a market maker that already executed more than one of every four trades in the U.S. markets on a daily basis, while simultaneously givin...