Search Results for "liquidation"
Three Arrows Capital Files for Chapter 15 Bankruptcy in the US
The embattled cryptocurrency hedge fund, Three Arrows Capital (3AC) has filed for Chapter 15 bankruptcy in the U.S. as it looks to preserve its assets in the State.
Short-Term Holders Dominate Primary Driver for Bitcoin's Liquidation amid Ukraine Crisis
Analysis by IntoTheBlock shows that short-term holders have been the primary catalysts of the present leg down as they continue liquidating their BTC investments.
Genesis Global Capital Moves to Liquidate $1.6 Billion in Grayscale Trusts Amid Bankruptcy
Genesis Global Capital has petitioned the U.S. Bankruptcy Court to sell off its Grayscale Bitcoin, Ethereum, and Ethereum Classic Trust holdings, totaling approximately $1.6 billion. This strategic liquidation aims to maximize creditor repayments amidst potential market volatility, following a recent SEC settlement.
US Government to Sell Seized Silk Road Bitcoin
The US government plans to liquidate over 41,000 Bitcoin seized in the case against Silk Road creator Ross Ulbricht. The Bitcoin is expected to be sold in four more batches over the course of the year.
Three Arrow's Su Zhu Puts Singapore Luxury Home for Sale
Su Zhu, the co-founder and Chief Executive Officer of embattled Three Arrows Capital (3AC) has put his Singapore mansion for sale.
Dasset Enters Liquidation: Key Details
Digital Asset Exchange Limited, trading as 'Dasset', has entered liquidation due to"unfavorable market dynamics, increasing regulatory constraints, and uncertainty regarding the legal standing of cryptocurrencies in different jurisdictions.
Su Zhu and Kyle Davies Finally Speaks About the Collapse of 3AC
During an interview with Bloomberg, Su Zhu, and Kyle Davies, the co-founders of Three Arrows Capital (3AC), the troubled hedge fund broke silence on the happenings that they have experienced in the past few weeks
Ethereum Slips Below $1,350 as Total Liquidation Hit $300 Million in 12 Hours
Ethereum has not been able to get the right footing since the much-anticipated Merge went live on September 15.
Bitcoin Hits a Five-month Low of $39,650, Leading to $323M Liquidation for Crypto Traders
Bitcoin prices hit a five-month low of $39,650 on Monday, before briefly dipping 40K before bouncing back to the $41.5K level with over 103,839 traders were liquidated in the past 24 hours, valued at$329.63 Million.
FTX to Sell Remaining Interest in Sequoia Capital to Abu Dhabi Sovereign Wealth Fund
FTX has struck a deal with a company owned by the government of Abu Dhabi to sell its remaining interest in venture capital firm Sequoia Capital for $45 million. The deal is subject to approval by the Delaware bankruptcy judge and is part of FTX's efforts to liquidate its investments to pay off its debts to creditors. Meanwhile, Voyager Digital has agreed to set aside $445 million after being sued by Alameda Research over loan repayments.
Grayscale Will Dissolve XRP Trust In Reaction to SEC Lawsuit Against Ripple
Institutional-grade digital asset firm Grayscale will dissolve its XRP Trust as the United States Securities and Exchange Commission (SEC) pursues its lawsuit against Ripple
18,000 Bitcoin Whales Circle the Crypto Market, Each Holding At Least $1 Million in Bitcoin
Glassnode’s recent report shows that the number of Bitcoin addresses holding at least $1 million worth of Bitcoin has increased by 38%. Currently, there are 18,000 Bitcoin whales.