Financial news outlet Bloomberg has revealed that crypto investment company Three Arrows Capital (commonly known as 3AC) filed for Chapter 15 bankruptcy on Friday morning. Chapter 15 bankruptcy allows foreign and U.S. court systems to work together and is usually filed to safeguard the assets of the debtor.
Although the announcement isn’t a surprise, it puts an end to one of the world’s most notable, decade-old asset management firms.
Due…
Based on the passion for breaking away from the real world and full of fantasy, there have been multiple movies and TV series on virtual idols, introducing souls with nowhere to be and young people who express their desires in the real world. Inspired by this, Murasaki is entering the market, with the desire to release the inner real interests and a response from “our kind” using ACG as our common language in the Metaverse.
Murasaki is…
The metaverse is a unique ecosystem that provides value for users, and OVER is set to provide value with its latest rewards program. The novel metaverse platform has detailed its latest reward program where users hunt digital assets in partnership with the Sandbox.
Hunt NFTs in the metaverse for rewards
Over has collaborated with Sandbox to launch a treasure hunt in Manhattan, New York, from June 20-24. This event represents a gre…
The crypto carnage continues as nervous investors rush out and big digital asset-focused companies Celsius and Three Arrows Capital (3AC) feel the pressure.
On Wednesday afternoon, it appeared that Three Arrows Capital (3AC) had been selling assets, including $40 million of its Lido Staked Ethereum (stETH).
The token, known as “staked ether,” has suddenly become a key focus for crypto traders trying to manage the extreme t…
Tether, the world’s largest stablecoin by market capitalization, is now available on the Tezos proof-of-stake blockchain.
The launch of Tether’s USDT comes after months of testing and beta testing by several prominent crypto exchanges. Binance Labs, Kraken, and KuCoin are among the companies that have tested Tether’s new blockchain asset.
“We’re thrilled to welcome Tether to the Tezos community,” said Ryan Jesperson, President of the Tezo…
