The Latest Breaking News from Three Arrows Capital

Major crypto exchange Voyager Digital halted all trading, deposits and withdrawals, preventing all users from accessing their funds after losing over half of its assets from Three Arrows Capital's (3AC) default on a loan worth over US$650 million.

Crypto hedge fund Three Arrows Capital has filed for Chapter 15 bankruptcy in the U.S. Bankruptcy Court of Southern District of New York, Bloomberg reported. A Chapter 15 bankruptcy is applicable when the insolvency case involves debtors, assets, claimants, and other parties involving more than one country.

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

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).

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).

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

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.