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The Latest Breaking News from 3AC

Court Orders Liquidation of Crypto Hedge Fund 3AC Following Voyager Loan Default: Report

A court in the British Virgin Islands has ordered the liquidation of crypto hedge fund Three Arrows Capital (3AC), after the company suffered major losses in the recent market turmoil. According to a report by Sky News, partners from Teneo, a global CEO advisory firm, are handling the insolvency proceedings after a court order…

3AC defaults on loan worth $670m

3AC defaults on loan worth $670m

Three Arrows Capital (3AC), a prominent crypto hedge fund, defaulted on a loan worth over US$670 million, prompting a steep fall in Bitcoin's price to below $21,000.

Electricity used to mine bitcoin plummets as crypto crisis widens

Electricity used to mine bitcoin plummets as crypto crisis widens

Consumption down by third since 11 June, with even sharper falls among other cryptocurrency networks

The Guardian - UK

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Binance CEO Changpeng Zhao Denies Giving 3AC A Credit Line Following The Hedge Fund's Insolvency

Binance (CRYPTO: BNB) CEO Changpeng Zhao denies providing hedge fund Three Arrows Capital (3AC) with a large-scale credit line.

Why Bitcoin-Related Stock Voyager Digital Is Plunging

Voyager Digital Ltd (OTCQX: VYGVF) shares are falling Wednesday after the company revealed significant exposure to Three Arrows Capital (3AC) and announced a loan agreement with Sam Bankman-Fried’s Alameda.

Coffee And Crypto: Wednesday's Top Stories And Price Action

The worldwide cryptocurrency market capitalization is at $893.8 billion on Wednesday, down from $927 billion on Tuesday afternoon. Crypto asset broker and trading platform Voyager Digital announced on Wednesday that it is threatening the hedge fund Three Arrows Capital (3AC) with a default notice over its debt to Voyager.

3 Arrows Capital's Bitcoin And Other Positions Liquidated By FTX, BitMEX and Deribit; Fund Managers Have Gone Silent

Crypto lending and borrowing firm Three Arrows Capital (3AC) had positions liquidated by crypto exchanges Deribit, BitMEX and FTX.

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Crypto Bytes: Here's What's Going On With Crypto Today

Crypto Bytes: Here's What's Going On With Crypto Today

The worldwide cryptocurrency market capitalization is at $892 billion, down from $893.3 billion on Friday morning. The Hong-Kong based cryptocurrency lender Babel Finance joined Celsius in the suspension of withdrawals, according to the company’s website.

Celsius, 3AC And USDT Are Among The Biggest Crypto Liquidations This Week

Celsius, 3AC And USDT Are Among The Biggest Crypto Liquidations This Week

Major cryptocurrency players, including Celsius (CRYPTO: CEL), 3AC, and Tether (CRYPTO: USDT), have experienced major liquidations.

Crypto Bytes: What Is Bitcoin's Price Right Now?

Crypto Bytes: What Is Bitcoin's Price Right Now?

The worldwide cryptocurrency market capitalization is at $906.5 billion, up from $900.6 billion on Thursday morning. Thursday’s drama surrounds cryptocurrency trading firm and liquidity provider8 Blocks Capital, and its issue with Three Arrows Capital (3AC).

Coffee And Crypto: What's The Price Of Bitcoin Thursday Morning?

Coffee And Crypto: What's The Price Of Bitcoin Thursday Morning?

The worldwide cryptocurrency market capitalization is at $900.6 billion Thursday, down from $926.6 billion on Wednesday afternoon. Thursday’s drama surrounds cryptocurrency trading firm and liquidity provider 8 Blocks Capital and its issue with Three Arrows Capital (3AC).

What Does Ethereum 2.0 Have To Do With The Celsius, 3AC, And Other Insolvencies?

What Does Ethereum 2.0 Have To Do With The Celsius, 3AC, And Other Insolvencies?

As the Ethereum (CRYPTO: ETH) merge approaches later this year, Lido Staked ETH (CRYPTO: stETH) has suffered severely due to insolvencies across firms, such as Celsius and 3AC.

Cryptocurrency ‘bloodbath’ threatens multibillion-dollar hedge fund

Cryptocurrency ‘bloodbath’ threatens multibillion-dollar hedge fund

Three Arrows Capital founder takes to Twitter to assuage fears after 25% drop in price of bitcoin in a single day

The Guardian - UK

Three Arrows Co-Founder Gives Pace To Insolvency Rumors: 'Fully Committed To Working This Out'

Three Arrows Co-Founder Gives Pace To Insolvency Rumors: 'Fully Committed To Working This Out'

Zhu Su, the co-founder of the cryptocurrency investment firm Three Arrows Capital has spoken out on social media as rumors swirl around the hedge fund’s impending insolvency.

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