Crypto Hedge Fund 3 Arrows Capital (3AC) Files For Bankruptcy
Crypto hedge fund 3 Arrows Capital is slated to be another pillar piece of 2022’s bear market headlines, joining the likes of brutal bear market moments that include Terra Luna’s…
The development of blockchain industry and how to defend against attacks on DeFi
The DeFi market is a highly promising venture where the main struggling issue is a lack of qualified blockchain developers.
AAVE traders have this in store for coming days after bearish pennant’s…
Finding renewed selling pressure at the 38.2% Fibonacci resistance, AAVE continued its southbound journey on the daily chart. The EMA ribbons have kept a robust check on the buying rallies…
Meta Platforms to Sunset Novi Digital Wallet This Fall
The curtain will fall on Meta Platforms’s embattled stablecoin project after a brief run as a tool for money transfers. The post Meta Platforms to Sunset Novi Digital Wallet This…
EU Makes Deal on MiCA Legislation to Regulate Crypto Markets
Representatives of key European Union (EU) institutions and member states reached an agreement on the Markets in Crypto Assets regulatory proposal. The progress in the negotiations over the comprehensive legal…
Cosmos Blockchain Developer Ignite Layoffs Employees, CEO Peng Zhong Resigns
Ignite CEO, Peng Zhong, has parted ways with the company. A few days ago, the firm announced job cuts of more than 50% of its employees amid the difficult market…
Stellar: Factors that didn’t play in favor of XLM’s rally despite…
The Stellar network has witnessed some significant ecosystem upgrades in the last six months. However, within the same period, the network’s native coin, XLM, told a different story.
Alameda Ventures surrendered 4.5M shares in Voyager a week before it suspended trading
Alameda Research Ventures surrendered 4,500,000 shares to Voyager for cancellation on June 22, just eight days before Voyager announced it would suspend trading, deposits, and withdrawals on its platform. The…
Report: Embattled Crypto Hedge Fund Three Arrows Capital Files for Chapter 15 Bankruptcy
The troubled crypto hedge fund Three Arrows Capital Ltd., otherwise known as 3AC, has filed for bankruptcy according to recent court filings. The court papers show 3AC is aiming for…
This Analyst Warns Bitcoin Could Crash To $10,000; One Final Flush Down Is ‘Probably Months Away’
Based on the macroeconomic environment, cryptocurrency analyst Brian Kelly says that Bitcoin (CRYPTO: BTC) could still fall nearly 50% from current levels. “The good news is that I do think…
