Tagged: su zhu

May 3, 2023 @ 5:06 pm By Omar Faridi  |  

Following the Investor and Marketplace Alert dated 12 April 2023 in relation to opnx.com (OPNX) conducting unregulated activity, Dubai’s Virtual Assets Regulatory Authority (VARA) has issued “a formal Letter of Reprimand to OPNX and its founders” for the following: Carrying out VA Exchange Services on… Read More

June 29, 2022 @ 11:10 am By JD Alois  |  

Three Arrows Capital (3AC), a large crypto hedge fund that held $10 billion in assets at one point, has been forced into liquidation according to a report. Earlier this week, Voyager Digital  (TSX: VOYG) (OTCQX: VYGVF), a digital asset firm that lent over $650 million to… Read More

June 27, 2022 @ 2:08 pm By JD Alois  |  

Three Arrows Capital (3AC) has defaulted on a $670 million loan. Voyager Digital  (TSX: VOYG) (OTCQX: VYGVF) , a digital asset firm that had previously warned it had exposure to 3AC in regards to 15,250 Bitcoin (~$308 million) and $350 million (USDC) for over $650… Read More

October 28, 2020 @ 7:55 am By Omar Faridi  |  

As Bitcoin (BTC) approaches the $14,000 mark, the “institutional wave” continues and the global financial markets experience uncertainty around US fiscal stimulus, according to a report from OKCoin. The San Francisco-based crypto exchange notes that Bitcoin price has surged during the past week as “a… Read More

October 24, 2020 @ 11:10 am By Omar Faridi  |  

The system-wide Ethereum 2.0 upgrade is now just a few weeks away. As the date of the planned update gets closer, the ETH price keeps rising. Ethereum (ETH), the world’s second-largest cryptocurrency by market cap and adoption, has surged 15% this past week (trading at… Read More

June 12, 2020 @ 5:31 pm By Omar Faridi  |  

Singapore-based Three Arrows Capital, a digital asset hedge fund, has reportedly become the first qualified investor to hold over 5% of Grayscale’s Bitcoin Trust (OTC:GBTC) shares. According to Grayscale, its Bitcoin Trust’s shares are the first publicly quoted securities “solely invested in and deriving value… Read More

April 9, 2020 @ 9:00 am By JD Alois  |  

Digital asset lending company BlockFi has received a strategic investment from Three Arrows Capital (TAC) via a secondary transaction, according to the company. Three Arrows Capital is a crypto hedge fund manager that focuses on emerging markets. TAC has reportedly been providing greater risk-adjusted returns… Read More