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Three Arrows Capital
Dubai Regulator: Three Arrows Capital Isn’t Registered Here
The Dubai Financial Services Authority says embattled crypto fund Three Arrows Capital (3AC) has not set up shop in the emirate, despite co-founder Su Zhu confirming the move in April. "The Hash" squad discusses the latest in 3AC's ongoing saga. "The contagion is real," host Zack Seward said.
Dubai Regulator: Three Arrows Capital Isn’t Registered Here
The Dubai Financial Services Authority says the embattled crypto fund has not set up shop in the emirate, despite stated plans.
Voyager Digital Cuts Daily Withdrawal Limit to $10K Amid 3AC Exposure
Crypto broker Voyager Digital reduced its daily withdrawal limit to $10,000 from $25,000 after detailing its exposure to struggling hedge fund Three Arrows Capital (3AC). Shares of Voyager Digital fell more than 60%. "The Hash" panel discusses the ripple effects of 3AC's continued downturn.
Voyager Digital Cuts Daily Withdrawal Limit to $10K Amid 3AC Exposure
The decision comes off the back of a heavy decline in the Voyager share price on Wednesday.
Voyager Digital Plunges on Three Arrows Exposure, Analyst Downgrade
The crypto broker said it's on the hook for about $370 million of bitcoin and $350 million of USDC and has asked for a repayment installment by Friday.
Hong Kong’s Hoo.com Expects to Re-Open Some Token Withdrawals Today; Finblox Takes Steps to Address Liquidity
Several Hong Kong-based crypto platforms have made changes to their policies amid the market upheaval and liquidity crunches.
Genesis Trading Mitigated Losses With a 'Large Counterparty,' CEO Says
Genesis’ update comes after crypto fund Three Arrows Capital confirmed heavy losses during the market rout.
Three Arrows Capital Confirms Heavy Losses From LUNA's Collapse, Exploring Potential Options: Report
The company's co-founder said it's looking into the possibility of asset sales and a rescue by another firm.
DeFiance, Avalanche, dYdX Distance Themselves From Three Arrows Capital Drama
The firms said operations will continue as usual as the crypto community assesses the fallout from speculation the crypto hedge fund failed to meet margin calls.
Biggest ‘stETH’ Pool Almost Empty, Complicating Exit for Would-Be Sellers
A trading pool that large institutional investors such as Alameda Research and Three Arrows Capital have used to dump their “stETH” tokens is now nearly drained and heavily imbalanced, potentially trapping retail investors as well as the embattled crypto lender Celsius.
