According to a report from Sky News on Wednesday, a judge has apparently ordered the liquidation of Three Arrows Capital. If true, this decision will exacerbate the turmoil that has plagued the crypto...
Tag: liquidation
Three Arrows Capital Ordered Into Liquidation by a Birtish Virgin Islands Court
The Singapore-based cryptocurrency hedge fund – Three Arrows Capital – has reportedly been ordered into liquidation following the downturn of the market and the challenges it faced recently. According...
British Virgin Island Orders Liquidation For Three Arrow Capital: Reports
According to Sky News reports, the British Virgin Islands has ordered cryptocurrency hedge fund firm Three Arrows Capital (3AC) bankrupt. This move will worsen the crypto space’s instability. As per t...
Court Reportedly Orders Liquidation Of Crypto Hedge Fund Three Arrows Capital, Threatening More Market Turmoil
Topline Singapore-based crypto hedge fund Three Arrows Capital has become insolvent and a British Virgin Islands court has ordered its assets to be liquidated, Sky News reported on Wednesday, a develo...
Virgin Islands court orders liquidation of crypto hedge fund Three Arrows Capital
The turmoil that is now affecting the cryptocurrency market was brought further to light when a court in the British Virgin Islands ordered the dissolution of cryptocurrency-focused hedge fund, Three ...
What’s the take of Ripple CTO David Schwartz on the Whale Liquidation Crisis on Solend?
One of the major issues that crypto firms are facing amidst ongoing market crashes is the liquidation crisis due to a lack of securities and various other reasons The eruption broke out on Twitter fol...
Solana-based Solend Protocol Introduces Borrowing Limit, Reduces Max Liquidation
As CoinGape reported, the Solana-based “decentralized” lending protocol Solend has been grappling to avoid a liquidity crisis amid the SOL price crashing and the whale accounts having huge margin call...
Ripple CTO on Solend’s Whale Liquidation Crisis; Decentralized Systems Are Very Democratic
Contents Ripple’s XRP escrows explained SBI considers the use of XRP’s ODL in its business model Ripple CTO David Schwartz, in response to tweets regarding the Solend liquidation crisis, b...
Bitcoin Recovery Wades Off Celsius Liquidation, But For How Long?
The price of bitcoin has made a remarkable recovery above $20,000 after a brutal week riddled with crashes. These dips had driven decentralized finance (DeF)/ lending protocol Celsius, to the brink of...
Solana’s Solend DeFi Platform Votes to Curb Liquidation Risks – crypto.news
Members of the Solend ecosystem are now voting on a governance proposal dubbed SLND2, which aims to achieve three major objectives, including curbing the risk of automatic on-chain liquidation of coll...
Solend Users Vote For “Forced Takeover” Amidst Whale Liquidation Crisis
After voting for a “forced takeover” for a whale account, Solend users have revisited the ballots to decide that Sunday’s “Emergency Powers” plan must be invalidated. Extreme Measures – “Whale”...
Ethereum “Celebrates” Record-Breaking Single Liquidation of 71,834 ETH
Arman Shirinyan New record is set by network-based platform, but not most pleasant one As on-chain and market tracker Dune Analytics suggests, Ethereum just set a record amid the massive sell-off on t...
Celsius users fear collateral liquidation amid transfer freeze
Following crypto lending firm Celsius’ decision to freeze all transfers and withdrawals Sunday, some investors have taken to social media over concerns that their loans will be liquidated as they’re u...
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...
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...
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...
DeFi Giant MakerDAO Braces For Celsius Liquidation As stETH Slumps
MakerDAO said on Thursday it will disable direct deposits with peer Aave due to the latter’s high exposure to a potential Celsius liquidation. The move was bought up in a governance proposal that was...
Crypto Witness More Than $1B In Liquidation Following Bitcoin, Ether Broke Major Support Levels
Data highlights that crypto-tracked futures have lost more than $1 Billion recently, and this was because of weak sentiment toward the crowned crypto-asset Bitcoin (BTC) and other cryptocurrencies, gi...
Crypto fund Three Arrows Capital faces potential insolvency after lender liquidation
The future of crypto hedge fund Three Arrows Capital hangs in the balance as the firm faces potential insolvency after being liquidated by its lenders. According to well-placed sources, the investment...
EV-startup Electric Last Mile Solutions files for bankruptcy
Electric vehicle-startup Electric Last Mile Solutions Inc. filed chapter 7 bankruptcy Tuesday. The Troy, Mich.-based vehicle maker listed assets and liabilities each of between $50 million and $100 mi...
Nexo Denies Exposure To Three Arrows Capital Amid Liquidation Risk
The ongoing cryptocurrency collapse has proved to be an alarming call for many investment firms dealing with digital assets. The same has happened with Three Arrows Capital (3AC). However, Crypto Lend...
Microstrategy Debunks Margin Call Rumor — Says Bitcoin Liquidation Unnecessary Even if BTC Falls Below $3,562 – Featured Bitcoin News
The CEO of the Nasdaq-listed software company Microstrategy has debunked the rumor that his company is facing a margin call for a bitcoin-backed loan and will be forced to sell some coins. If the pric...
Ethereum Facing Huge Liquidation? These are the Crucial Levels to Keep an Eye on – Coinpedia – Fintech & Cryptocurreny News Media
The Ethereum (ETH) price is under stress as it anticipates a significant selloff near $1016. It is presently trading at $1,114.21, and has recorded a drop of 4.26% in the last 24hrs. Three Arrows C...
Is the Crypto Market going to witness another Liquidation crisis, this time Lido Finance?
Given the ongoing situations of the crypto market, a lot of crypto related firms and projects are on the verge of liquidity crisis The chaos created after effects of Terra (LUNA) network’s collapse, a...
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 ...
MicroStrategy May Need to Fund Its Loan as Bitcoin Inches Its Liquidation Price
Arman Shirinyan One of the biggest Bitcoin holders on the market is getting ready to fund its massive position MicroStrategy must now fund its collateral to save its Bitcoin positions as the first cry...
Celsius races to add more collateral to Maker as threat of liquidation looms
? Want to work with us? CryptoSlate is hiring for a handful of positions! Crypto lending firm Celsius has been racing to top up its collateral on Maker to raise its assets’ liquidation price. The comp...
Celsius Network Struggles To Stay Afloat With Mounting DAI Debt As Bitcoin Price Drop Threatens Heavy Liquidation
– Advertisement – Bitcoin’s price decrease is pressuring the Celsius Network into taking on more DAI debt as it battles to tablelike its ecosystem. Bitcoin’s downward price action is thr...
Celsius adds more collateral amid market sell-off to protect their Bitcoin from liquidation
As the price of Bitcoin (BTC) continues to plunge, in line with the bearish trend of the entire cryptocurrency market, the crypto lending firm Celsius Network has been making last-ditch efforts to pro...
Here’s Why A Celsius Liquidation Spells Doom For Bitcoin
Beleaguered crypto lender Celsius was seen adding more Bitcoin on DeFi platform MakerDAO to lower the price at which its position will be liquidated. The lender, which recently suspended withdrawals d...
Crypto Market Notices Over $600 Million in Liquidation As BTC Falls Below $25,000
As of December 2020, the price of BTC dropped to about $25,000. Recently, the same occurrence took place in the crypto market. As a result, most altcoins are experiencing a price plunge, resulting in ...