Three Arrows Capital (3AC) Liquidated for Millions as It Fails to Meet Margin Calls
The latest development around venture firm Three Arrows Capital (3AC) is that it has reportedly failed to meet margin calls from lenders. This has once again brought up the potential risk of the firm going into insolvenc...
The latest development around venture firm Three Arrows Capital (3AC) is that it has reportedly failed to meet margin calls from lenders. This has once again brought up the potential risk of the firm going into insolvency after it was severely hit by the crypto market meltdown earlier in the week. The report also cited that BlockFi, a crypto lender, was one of several companies that liquidated some of Three Arrows Capital’s positions.
The speculations surrounding the company continue to gather momentum after several sources revealed that the company is going through many liquidations. The reports ...
Read The Full Article On CryptoCurrencyNews.com
Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.
All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.
Original source
Read on CryptoCurrencyNewsRelated market context
BTC Jumps 3% on Iran Peace Deal But Fed Meeting Keeps Institutions Cautious
Bitcoin News: BTC price climbed from $61,100 to above $63,400 on June 11 after President Trump cancelled planned Iran strikes and...
Ethereum Price Prediction: 3 Million ETH Rushes Into Staking as Sellers Vanish
Is nobody leaving Ethereum? A record 36 million ETH is now locked in staking, roughly 29–30% of the circulating supply, and the va...
Standard Chartered Calls Crypto Bottom as Bitcoin Price Recovers From $59,000 Low
Bitcoin Magazine Standard Chartered Calls Crypto Bottom as Bitcoin Price Recovers From $59,000 Low Standard Chartered’s head of di...
Ripple chases AI’s machine economy as XRPL stablecoins near $1 billion
Stablecoin liquidity on the XRP Ledger (XRPL) has nearly doubled over the past month, putting the network within reach of a $1 bil...
‘I Never Said the Company Could Not Sell Bitcoin’: Saylor Walks Back ‘Never Sell’ at BTC Prague
Strategy founder Michael Saylor told the BTC Prague conference he “never said the company could not sell bitcoin,” clarifying the...
Fireblocks Says Institutional ETH Staking Is Moving Toward Standardized Rails
TL;DR Fireblocks says it has launched ETH Staking Link, a standardized interface for institutional Ethereum staking integrations....