Tag: recap

Notes 6/29: Three Arrows Capital Liquidation, Bitcoin Miners Losses, Saylor Buys More Bitcoin

Another one bites the dust. Embattled crypto hedge fund Three Arrows Capital has been ordered to liquidate its holdings by a court in British Virgin Islands. The order brings to the story that began a week ago, after Celsius’s pause on withdrawals, to a rapid end.   Three Arrows Capital or 3AC seems to have… Read More Notes 6/29: Three Arrows Capital Liquidation, Bitcoin Miners Losses, Saylor Buys More Bitcoin

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Notes: 6/28: CoinFLEX Drama, Bitcoin As Commodity, Grayscale’s ETF Bid, and Crypto’s Robber Barons

Bring out the popcorn. The dramas [and pyramid schemes] in crypto seem to go on forever. Just as the controversies about Three Arrows Capital and Celsius Lending were on the wane, we are being treated to another soap opera of sorts at CoinFLEX. The derivatives exchange stopped customer withdrawals due to “extreme market conditions” last… Read More Notes: 6/28: CoinFLEX Drama, Bitcoin As Commodity, Grayscale’s ETF Bid, and Crypto’s Robber Barons

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Web3 Critics, Bitcoin Price Recovery, And Crypto’s Effect On Mainstream Markets

Crypto. Web3. Blockchain. It can be difficult to keep track of jargon from tech’s box of wonders. Right now, though, those buzzwords do not sound so magical. Crypto’s critics are having a field day, what with plummeting valuations for tokens in the market and the collapse of multibillion dollar projects. Adding to the chaos are… Read More Web3 Critics, Bitcoin Price Recovery, And Crypto’s Effect On Mainstream Markets

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