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...
Tag: Millions
Australian Crypto King And Co-founder of Finder Says He Will Buy Millions in Bitcoin When It Hits This Price
– Advertisement – Australian Crypto King, who got the king title because of Bitcoin, will buy more BTC at a certain point. An Australian businessman known as the “crypto king” has made t...
Analyst Says Bitcoin Can Fall Deeper As Below $20K Can Trigger Threatening Margin Calls Worth Millions Of Dollars
– Advertisement – Bitcoin Investors Shorting Positions Are a Threatening Margin Calls For Borrowing Firms. A fall below the $20k support could trigger heavy liquidations for firms that h...
‘$25 Millions in Loans Against Monkey Pictures’: Arcade Wants You to Collateralize Your NFT
NFT collectors, no longer content with just using their tokens as NFTs as status symbols, are finding a way to leverage their favorite digital art as collateral for loans. One platform that makes this...
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...
Three Arrows Capital Liquidated for Millions, Sources Say Crypto Hedge Fund May Face Insolvency – Bitcoin News
According to “well-placed sources,” speaking with The Block reporter Frank Chaparro, the digital currency hedge fund known as Three Arrows Capital (3AC) may be facing insolvency after significant liqu...
Three Arrows Capital Is Now Pushing Crypto Market Down as It Loses Millions of Users’ Funds
Arman Shirinyan One of biggest funds in crypto is rapidly losing ground under its feet One of the largest funds in the cryptocurrency industry is now facing massive pressure, as it is obligated to fun...
Could institutions pulling millions see Bitcoin [BTC] at $20K next
Even though there are many cryptocurrencies recovering today, Bitcoin is continuing to stack up more losses. Interestingly, institutions seem to have identified it beforehand, making their exit as soo...
Amid Ethereum price Slump, Three Arrows Dumps Millions of stETH – Coinpedia – Fintech & Cryptocurreny News Media
The price of Ethereum (ETH) has dropped about 33 percent in the previous seven days, and it is currently trading at $1,239. On the morning of June 13, the cryptocurrency market became even more panick...
South Carolina Lawmakers Reach Deal To Cut Income Tax For Millions Of People & Thousands Of Small Businesses
The South Carolina State House getty Governors and lawmakers in 14 states enacted income tax relief last year and eight states have already approved income tax cuts so far this year. South Carolina is...
Solana To Pull In $100 Millions To Support Terra-Affected South Koreans
The Crypto Massacre in early May has left many crypto investors with heavy losses. Terra(LUNA) collapse triggered this downturn in digital assets prices this time. Even flagship currencies such as Bit...
NFT holders can earn millions through IP rights, says Apocalyptic Apes founder
While the most common way to earn money in the nonfungible token (NFT) space is by flipping the tokens for profit, there are other opportunities to earn money with NFTs as the market continues to deve...
TFL Employees Told SEC That Do Kwon Cashed Out Hundreds Of Millions Of Dollars Months Before Terra Imploded
– Advertisement – Key Terra employees interviewed by the US SEC have revealed a potential money laundering scheme run by Do Kwon. Since the collapse of Terra Luna and UST and the subsequen...
next-generation cryptocurrency to make millions by holding crypto assets
How many times have you encountered speculators in the cryptocurrency market? We have – a lot. The world is full of scammers looking to cash in on newcomers and miscreants creating pyramid schemes. On...
North Korean Hackers Used Binance for Laundering Millions of Dollars Worth of Crypto: Reuters
Alex Dovbnya Bad actors have laundered billions of dollars worth of crypto with help of Binance, according to Reuters According to an investigation conducted by Reuters, the Lazarus Group, a notorious...
Silicon Valley Looses Millions In Crypto Scams Through Dating Websites
Though a virtual asset, crypto has seen different forms of scams and fraud over the years. The crypto industry has been exposed to several tactics through which millions of funds are lost. Even as the...
‘Pig slaughtering’ crypto scams reap millions on Silicon Valley dating apps
Lonely hearts in Silicon Valley are reportedly falling prey to a wave of “pig slaughtering” crypto scams via dating applications. An investigator for cybersecurity company Sift found that one in 20 pe...
Title: Real–World Health Data Goes Web3 For Millions Of Users
Web3 has taken several industries by storm, and the healthcare industry is not excluded. Until now, an actual use case that benefits people’s everyday lives did not exist. After all, no one has ...
Millions Of Women Skipped Cancer Screenings Because Of Covid Pandemic, Study Suggests
Topline The Covid-19 pandemic caused millions of women—especially Hispanic women and those with lower incomes—to forgo breast and cervical cancer screenings in 2020, according to researchers from the ...
Founder of largest decentralized derivatives exchange believes DeFi may soon see millions in new users
Episode 48 of Season 4 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Antonio Juliano, Founder & CEO of dYdX. Listen below, and subscribe to The Scoop on Apple, Spotify, Go...
Real estate is still hot — so how can I take advantage of the rate-hike worries? These 3 REITs let you invest in high-quality property without millions of dollars
Real estate is still hot — so how can I take advantage of the rate-hike worries? These 3 REITs let you invest in high-quality property without millions of dollars Here’s a hard lesson that many new in...
How To Empower Tens Of Millions Of Stockholders In One Fell Swoop
Tens of millions of investors put money into index funds, which now total tens of trillions of dollars. An unintended consequence is that the managers of these index funds wield immense power over cor...
Terra’s Developers Are Being Poached By Other Blockchains With Millions Of Dollars On The Table ⋆ ZyCrypto
Advertisement     Other blockchains are eyeing Terra’s developers with some making brazen moves for them. Avalanche and Polygon are some of the blockchains making offe...
Belarus Chief Investigator Reveals Country Have Seized Millions of Dollars in Crypto
Belarus’s Investigative Committee head, Dmitry Gora, told in an interview about the challenges that they first faced while trying to figure out how to seize cryptocurrencies when the assets were first...
Belarus boosts economy restrictings by confiscating millions of dollars in crypto
Dmitry Gora, the director of Belarus’ investigative committee, told the country’s top officials that they are having a problem with how to seize cryptocurrencies. The digital assets were first used in...
Belarus Has Seized Millions of Dollars in Crypto, Chief Investigator Claims – Bitcoin News
Authorities in Belarus have mastered the seizure of cryptocurrencies, the head of the country’s Investigative Committee revealed in a recent interview. The high-ranking law enforcement official claims...
Covid-19 Cases Rise To Nearly 110,000 Per Day As Millions Of Americans Travel For Memorial Day Weekend
Topline With the seven-day average of new Covid-19 cases in the U.S. ticking up to 109,643 per day as of Thursday—nearly five times higher than the average number of cases reported this time last year...
Tracy McGrady bets millions on 1-on-1 basketball start-up OBL
Tracy McGrady Source: Ones Basketball League This time, Tracy McGrady is trusting his ideas. The basketball Hall of Famer has funded real estate projects, he’s backed a sports and entertainment ...
If Terra collapses InsurAce will pay millions to claimants
DeFi insurance protocol InsurAce maintains it was well within its rights to reduce the claims period for anyone affected by the Tera USD (UST) Daypag event from 15 to seven days, and that it had alrea...
Fed’s biggest rate hike since 1994 means millions more homebuyers may be priced out of the housing market
Pity those first-time house buyers. On Wednesday, the U.S. Federal Reserve raised the benchmark interest rate by 75 basis points to a 1.5% to 1.75% range, the biggest increase since 1994 as it tries t...