Generative Data Intelligence

Tag: Three Arrows Capital (3AC)

What is Chapter 11 bankruptcy? Understand the basics

In the complex world of finance and business, bankruptcy serves as a crucial mechanism that allows struggling companies to reorganize and regain financial stability. One...

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Korea’s FSC Orders Exchanges to Delist and Classify Crypto With Securities Properties

South Korea is looking to amp up regulations to prevent unfair trade in the industry. As such, the Financial Services Commission issued instructions...

Crypto Sentiment Split Between Bull Trap or Bottom as Bitcoin Nears 23K

A recent upswing in the price of cryptocurrencies like Bitcoin and Ethereum has provoked a distantly familiar debate: whether a market rebound could be...

Cardano’s Charles Hoskinson Comments on the CoinDesk Selling Rumors

Charles Hoskinson, CEO of Input Output Global, the firm behind the Cardano blockchain, is interested in purchasing the crypto news website CoinDesk. The latter...

Opinion: Digital Currency Group’s Genesis implosion: What comes next?

It looks as if the bear cycle is going to claim another high-profile crypto company. On Jan. 19, Digital Currency Group’s (DCG’s) lending subsidiary,...

Crypto Lender Genesis Files for Bankruptcy Following SEC Lawsuit

Crypto lender Genesis, a subsidiary of Digital Currency Group (DCG), has filed for Chapter 11 bankruptcy. The filing followed a lawsuit brought by...

Gemini, Hedge Funds, and a DeFi App: Bankrupt Genesis Reveals List of Creditors

Defunct crypto broker Genesis has revealed the largest creditors in its recent Chapter 11 bankruptcy filing, with crypto exchange Gemini taking the top spot,...

Cameron Winklevoss Ready to Take Legal Action Against DCG’s Barry Silbert

The Co-Founder of Gemini – Cameron Winklevoss – said he could sue the CEO of Digital Currency Group – Barry Silbert – for...

DCG’s crypto lender Genesis may file for bankruptcy, according to Bloomberg report

Crypto brokerage firm Genesis Global Capital, which is estimated to owe creditors US$3 billion, may file for bankruptcy as early as this week, Bloomberg...

Onchain: OMFGTX, Fed’s Poker face, and a found fortune?

Story OneAfter F comes G...TXWhat comes next after months of laying low in a country which offers no extradition to the US? You make...

Market Analysis Report (17 Jan 2023)

The co-founders of bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC) are pitching investors a new venture that wants to capitalize on the growing...

CoinFLEX could drive up creditor equity value via GTX venture — and rebrand

CoinFLEX could indirectly compensate its creditors with equity value resulting from the launch of the newly-unveiled GTX exchange, according to a...

Defunct Crypto Hedge Fund Three Arrows Capital Founders Seek $25 Million to Start New Exchange Amid Scrutiny

According to reports, the founders of the now-defunct crypto hedge fund Three Arrows Capital (3AC) are seeking to raise $25 million from investors...

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