Crypto: A Bernie Madoff-Style Scheme May Have Crushed Prominent Lenders
Most financially troubled crypto lenders have one thing in common: hedge fund Three Arrows Capital.
Source: thestreet.com
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Three Arrows liquidators seize $55.6m from crypto hedge fund as asset probe widens
It's just a tiny fraction of what the Singapore-based crypto hedge fund's creditors say they're owed. Read more at straitstimes.com.
Source: straitstimes.com
DeFi proves itself against centralised platforms
What is the difference between proof of work and proof of stake validation? The Ethereum merge and the collapse of Celsius and Voyager.
Source: biznews.com
Crypto-asset platforms to face stricter rules in Thailand
Thailand plans to tighten supervision of digital-asset firms after a cryptocurrency selloff saddled retail investors with large losses and toppled several companies, the country’s top regulator said.
Akalarp Yimwilai Ruenvadee Suwanmongkol Sakolkorn Sakavee Bitkub Online Co Securities Exchange Commission Celsius Network Ltd
Source: thestar.com.my
Three Arrows Founders Are Headed to Dubai: Bloomberg
"We feel that it's just the interest for everyone if we can be physically secured and keep a low profile," one of the founders told Bloomberg.
Source: businessinsider.com
Blockchain.com lays off 25% of its workforce amid crypto market downturn
Blockchain.com lays off 25% of its workforce amid crypto market downturn - SiliconANGLE
Source: siliconangle.com
Crypto Startup Blockchain.com Lays Off 25% of Staff as 3AC Fallout Spreads
Crypto firm Blockchain.com is laying off 25% of its staff, equivalent to about 150 roles.
Source: nbcnewyork.com
Crypto Start-Up Blockchain.com Lays Off 25% of Staff as 3AC Fallout Spreads
Crypto firm Blockchain.com is laying off 25% of its staff, equivalent to about 150 roles.
Source: nbcdfw.com
Crypto lender Vauld seeks protection against creditors: Report
Vauld suspended regular trading operations on July 4 following a three-week-long run on its assets.
Source: cointelegraph.com
Musk has clipped the wings of Bitcoin
BTCUSD failed to break away from its 50-day moving average.
Source: forexlive.com