Page 31 - Three Arrows News Today

DCG is "strengthening our balance sheet by reducing operating expenses and preserving liquidity," according to a shareholder letter seen by Bloomberg.

A pitch deck for the project said the marketplace is aiming to go live by the end of February.

Founders of the now-defunct crypto hedge fund Three Arrows Capital (3AC) are seeking to raise $25 million from investors to start a new crypto exchange called GTX.

Su Zhu, co-founder of Three Arrows Capital, now bankrupt hopes to raise $25 million in seed money for an exchange to handle FTX's and others' distressed crypto assets.

Cameron Winklevoss, Barry Silbert, Coinbase and Voyager Digital headline this week's Crypto Biz newsletter.

Hoping for trial by Substack, disgraced cryptocurrency CEO Sam Bankman-Fried launched a newsletter Thursday in his latest attempt to defend himself.

The founder and former CEO of FTX, Sam Bankman-Fried, promised that customers could get their money back in ...

FTX founder Sam Bankman-Fried, who is on $250 million bond and awaiting trial in New York on charges that he defrauded his customers out of billions of dollars, yesterday denied stealing customer funds. “I didn’t steal funds, and I certainly didn’t stash billions away,” he said in a post on Substack, a blogging platform. “Nearly

Another story has been brewing beneath the surface - massive crypto layoffs, with 23,600 employees since December last year.

The bond issuance was originally planned for early 2022, and El Salvador seeks to raise $1 billion through the so-called volcano bonds.