Coinflex says new exchange with 3AC founders won’t use GTX name after Twitter ridicule

Coinflex said that a proposed exchange for trading claims won’t use GTX for its name after a proposal to raise $25 for the project had been widely mocked on Crypto Twitter.  “Buildin...

Failed hedge fund Three Arrows Capital estimated assets at $1 billion in July

Three Arrows Capital (3AC), the now-bankrupt crypto hedge fund, estimated its assets at around $1 billion as of July, according to a document obtained by The Block. The document, prepared by 3AC...

Three Arrows Capital co-founder says it wasn’t luna that took it out, but FTX

It wasn’t the collapse of the cryptocurrency luna that ultimately caused the downfall of Three Arrows Capital, according to 3AC co-founder Kyle Davies. Instead, it was the firm’s final position being ...

Genesis is no longer acting as an authorized participant for Grayscale’s crypto trust products

Digital Currency Group’s Grayscale is terminating its relationship with sister firm Genesis to issue new shares of its crypto products, including the flagship fund GBTC.  Genesis will no longer ...

BlockFi CEO shares lessons learned from liquidating 3AC

Episode 81 of Season 4 of The Scoop was recorded remotely with The Block’s Frank Chaparro and BlockFi Founder & CEO Zac Prince. Listen below, and subscribe to The Scoop on Apple, Spotify, Go...

Three Arrows Capital founders miss the mark in first interview since firm’s collapse

In the same week court documents showed that collapsed hedge fund Three Arrows Capital (3AC) owed creditors more than $3.5 billion, an interview given by its founders has sparked outrage among crypto ...

Five-member creditor committee formed for Three Arrows Capital’s liquidation

A five-member committee of creditors of bankrupt hedge fund Three Arrows Capital (3AC) has been formed today, according to three sources with knowledge of the matter. The committee is comprised of Dig...

3AC liquidators petition Singapore court to recognize BVI proceedings: Straits Times

Three Arrows Capital’s (3AC) liquidators are in the process of asking the Singapore legal system to recognize its British Virgin Islands (BVI) liquidation proceedings, according to a report toda...