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Su Zhu and Kyle Davies Finally Speaks About the Collapse of 3AC

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

What is Crypto Margin Trading & How Does it Work?

What is Crypto Margin Trading & How Does it Work?

There are many different ways to trade cryptocurrency. You may have heard of “shorting” Bitcoin, margin trading, or trading with leverage. All of these terms refer to the same practice — leverage trading — but the interchangeable way they are used can make understanding how it works a little difficult.

Ethereum Slips Below $1,350 as Total Liquidation Hit $300 Million in 12 Hours

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 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.

Total Value Locked in Maker Reaches a Record High as Maker Foundation Returns Dev Fund to DAO

Total Value Locked in Maker Reaches a Record High as Maker Foundation Returns Dev Fund to DAO

Maker's total value locked (TVL) surged to $12.02B, hitting a record high amid Maker Foundation's announcement that it would refund 84,000 MKR from the development fund to the MakerDAO.

FTX to Sell Remaining Interest in Sequoia Capital to Abu Dhabi Sovereign Wealth Fund

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.

Bitcoin Futures Reaches $50,000, Will Bitcoin Break Through $60K?

Bitcoin Futures Reaches $50,000, Will Bitcoin Break Through $60K?

After undergoing a correction yesterday, Bitcoin’s price surged to $50K on major crypto exchanges like Binance, Huobi and Bitfinex. 

Blockpass Supports Permissionless DeFi Protocol UniLend Fundraiser with KYC & AML Screening

Blockpass Supports Permissionless DeFi Protocol UniLend Fundraiser with KYC & AML Screening

HONG KONG, Nov 24, 2020 - (ACN Newswire) - Blockpass today announced a successful working partnership with UniLend, the decentralised finance (DeFi) platform. UniLend recently conducted a successful fundraiser, with Blockpass providing the requisite KYC and AML provision in order to meet regulatory compliance. By handling the compliance measures, the UniLend team were able to focus their efforts on the actual fundraising process.

6 Reasons Why Ethereum Price is Surging

6 Reasons Why Ethereum Price is Surging

Ethereum is entering new realms of price discovery - here are six reasons why Ethereum is showing significant strength at the outset of 2021 and the ETH price continues to rise.

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