3AC: A $10B hedge fund gone bust with founders on the run
3AC downfall has led to a multi-billion dollar cascade that has claimed the likes of Celsius, Voyager and many other crypto lending firms with exposure to the hedge fund.
3AC downfall has led to a multi-billion dollar cascade that has claimed the likes of Celsius, Voyager and many other crypto lending firms with exposure to the hedge fund.
Original source
Read on CointelegraphRelated market context
Blackrock’s IBIT Leads $86 Million Bitcoin ETF Inflow as Ethereum Funds Extend Outflow Streak
Spot bitcoin exchange-traded funds (ETFs) drew $85.85 million in net inflows on Friday, with every one of the 12 tracked funds avo...
Spot bitcoin ETFs snap five-day outflow streak with $85.8 million Friday inflow as ether funds keep sliding
BlackRock's IBIT led Friday's inflows at $57.7 million, with Fidelity's FBTC adding $18.0 million, while no fund reported a net ou...
Crypto Markets Rally as Dollar Weakens on Fed Rate Cut Bets
Bitcoin tops $70,000 as dollar falls on Fed rate cut expectations. Ethereum, altcoins gain. Institutional inflows surge. Regulator...
BlackRock investors seek to redeem 13% of private-credit fund shares in Q2
Investor confidence in private credit funds is waning, prompting potential liquidity challenges and calls for greater transparency...
SpaceX shares surge 19% in debut after blockbuster IPO, sending shockwaves through crypto markets
SpaceX's IPO success highlights a shift in investment focus, potentially diverting capital from crypto markets and impacting digit...
Investors pull 13% from BlackRock private credit fund in Q1
Investor redemption pressures in private credit funds may trigger broader market liquidity issues, impacting risk assets like cryp...