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Latest News Stories

Three Arrows Capital Files for Bankruptcy in New York Tied to British Virgin Islands Proceeding

100% Center coverage: 3 sources
Crypto hedge fund Three Arrows Capital (3AC) has filed for Chapter 15 bankruptcy in New York. The mega fund, founded by Credit Suisse traders Zhu Su and Kyle Davies, at one time managed an estimated $10 billion in assets. Its insolvency has forced major industry players to reshuffle operations and limit customer withdrawals.See the Story
Business

BlockFi announces deal with FTX US, including 'option to acquire' for $240M By Cointelegraph

100% Center coverage: 4 sources
BlockFi announces deal with FTX US, including 'option to acquire' for $240MSee the Story

Cosmos-Builder Ignite Cuts Headcount by More Than 50%, Ex-Employees Say

100% Center coverage: 1 sources
El Salvador Faces Flac For Bitcoin Purchase With Taxpayer's Money. BlockFi Gets $400 Million Credit From FTX, Could be Purchased for $240 Million. Meta to Shutter Novi Crypto Payments Wallet in September, Ending Libra Saga. More than 50% of Cosmos-Builder Ignite Cuts Headcount by More Than 50%, Ex-Employees Say.See the Story
Taxes · India

India's Day Of Reckoning With ‘Most Controversial Crypto Tax’ Is Here

100% Center coverage: 1 sources
Three Arrows Capital Files for Bankruptcy in New York Tied to British Virgin Islands Proceeding. Polygon, Fantom Suffers DNS Attack. Cosmos-Builder Ignite Cuts Headcount by More Than 50%, Ex-Employees Say. India's Day Of Reckoning With Most Controversial Crypto Tax Is Here.See the Story

Meta to Shutter Novi Crypto Payments Wallet in September, Ending Libra Saga

100% Center coverage: 1 sources
Voyager Digital Suspends Trading, Deposits, and Withdrawals. BlockFi Gets $400 Million Credit From FTX, Could be Purchased for $240 Million. Bitcoin whale goes on a shopping spree; pockets 1,416 BTC. Bitcoin is the most valuable currency in the world, with a value of more than $20 billion.See the Story
Cryptocurrency

Market Wrap: Bitcoin Suffers Its Worst Month Since 2011

100% Center coverage: 1 sources
The largest cryptocurrency by market cap dropped over 37% in June.See the Story
SEC

Grayscale 'GBTC Discount' Widens After SEC Bitcoin ETF Rejection

100% Center coverage: 1 sources
GBTC Discount Widens After SEC Bitcoin ETF Rejection. Voyager Digital Temporarily Suspends All Trading, Withdrawals and Deposits. Coincoinx to Launch Crypto to Fiat Payments App in Venezuela. Grayscale GBTC discount widens after SEC BitcoinETF Re rejection.See the Story

Sam Bankman-Fried Says He’d Consider Acquiring Troubled Crypto Miners Next

100% Center coverage: 1 sources
The FTX CEO said helping bail out crypto miners might help mitigate the credit contagion in the crypto sector.See the Story

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