Three Arrows Capital


Videos

Genesis’ Crypto Lending Businesses File for Bankruptcy Protection

Genesis Global Holdco LLC, the holding company of troubled cryptocurrency lender Genesis Global Capital, filed for Chapter 11 bankruptcy protection in New York after being pummeled by two of 2022's biggest industry collapses. CoinDesk News Desk Managing Editor Danny Nelson discusses what we know so far. DCG is the parent company of CoinDesk and Genesis.

CoinDesk placeholder image

Finance

Genesis Claims $5.1B in Liabilities in First-Day Bankruptcy Filing

Three of the institutional crypto brokerage's entities filed for Chapter 11 protection late Thursday.

(Genesis Trading, modified by CoinDesk)

Markets

First Mover Americas: Three Arrows' Founders Take Slingshot From Crypto Community

The latest price moves in crypto markets in context for Jan. 17, 2023.

Three Arrows Capital's founders are taking shots from the crypto exchange over their planned exchange. (CoinDesk archives)

Videos

Wintermute Distances Itself from New 3AC Venture; Bernstein's Crypto Revenue Predictions

Wintermute, the large crypto market maker, was quick to distance itself from a new fundraise by the co-founders of bankrupt hedge fund Three Arrows Capital (3AC), echoing similar sentiments from the community. Plus, Bernstein expects total crypto revenue to grow by sixteenfold in the next 10 years, from around $25 billion in 2023 to about $400 billion by 2033.

CoinDesk placeholder image

Finance

A Large Crypto Market Maker Is Already Distancing Itself From New 3AC Venture

The co-founders of bankrupt crypto hedge fund Three Arrows Capital is partnering with CoinFlex, which said the new company will be evolution of its "commitment to building open and transparent financial markets."

Su Zhu of Three Arrows Capital (CoinDesk)

Videos

Three Arrows Capital Founders Are Reportedly Pitching Investors

According to The Block, the founders of collapsed crypto hedge fund Three Arrows Capital (3AC) Su Zhu and Kyle Davies, along with CoinFLEX co-founders Mark Lamb and Sudhu Arumugam, are looking to raise funds for the launch of a new crypto exchange. "The Hash" panel discusses the details outlined in this report.

Recent Videos

Videos

Top 5 Crypto Stories That Defined a Hectic 2022

2022 has been unlike any other year in crypto history. From the rapid demise of FTX, to the momentous Ethereum Merge, to the unraveling of TerraUSD, CoinDesk's Doreen Wang takes a look back at the most epic stories that defined this year.

Recent Videos

Videos

How Crypto Fell Victim To an 'Evacuation of Liquidity'

The demise of crypto hedge fund Three Arrows Capital and multiple crypto yield products in 2022 draws back to an "evacuation of liquidity" in the markets, says CoinDesk Indices Managing Director Andrew Baehr. By contrast, "when liquidity wasn't necessary to sustain the system," crypto did okay, he added, referencing the Ethereum Merge.

CoinDesk placeholder image

Finance

5 Crypto Things That Riled Me Up in 2022

In case you were living in a Wi-Fi-less cave, there was plenty of unsavory stuff to pick from!

An angry mob holding torches in a still from the film, 'Frankenstein,' directed by James Whale, 1931.

Opinion

There's Less Money in Crypto, and That's a Good Thing

Crypto’s boom and bust were driven by the same plague that has turned the entire finance industry into a shady casino. So it’s no tragedy if the speculators take a break in 2023.

Financialization means big directional bets and lots of leverage, propped up by a hype campaign. In crypto, those bets are often followed by a hard landing. (Creative Commons)