The Wall Street Journal says Three Arrows Capital has hired legal and financial advisers to consider its options.
The post Three Arrows Capital considers asset sales and bailout, WSJ reports appeared first on The Block.
The crypto financial services provider announced the move in a post on its website on Friday.
The post Babel Finance suspends withdrawals, citing ‘unusual liquidity pressures’ appeared first on The Block.
Crypto exchanges FTX, Deribit and BitMEX liquidated Three Arrows Capital’s positions, sources tell The Block.
The post Three Arrows Capital positions liquidated by FTX, Deribit and BitMEX appeared first on The Block.
Institutional appetite for digital assets ‘has not slowed,’ according to PolySign and MG Stover CEOs
In this episode of The Scoop, Jack McDonald, chair and CEO of PolySign, and Matt Stover, CEO of MG Stover, discuss the unwavering demand from their clients for digital asset-related products despite the broader crypto market drawdown.
The post Institutional appetite for digital assets ‘has not slowed,’ according to PolySign and MG Stover CEOs appeared first on The Block.
The valuation of Klarna is set to plunge to about $15 billion as the buy-now, pay-later (BNPL) player seeks a $500 million fund raise.
The post Klarna’s valuation may plunge to $15 billion amid economic turmoil: WSJ appeared first on The Block.
Arthur Cheong vowed that DeFiance Capital is ‘actively working to resolve the situation’ after a week of ructions in crypto markets.
The post DeFiance Capital founder vows his firm is ‘not done’ after week of crypto stress appeared first on The Block.
Startup zCloak Network, which provides zero-knowledge proofs for public blockchains, raised $5.8 million in a pre-Series A round.
The post Zero-knowledge proof startup zCloak Network raises $5.8 million appeared first on The Block.
Digital fashion collectibles startup SKNUPS has raised $3.5 million in pre-seed funding. The contributions came from Redrice Ventures, Blue Wire Capital, and Adelpha. The company also announced a deal with Dolce and Gabbana, which went live today on its website, to introduce their styles into online games. SKNUPS, pronounced “skin-ups” was founded in 2020 but […]
The post Digital fashion company SKNUPS raises $3.5 million and partners with Dolce and Gabbana appeared first on The Block.
Elon Musk advocated for integrating payments into Twitter more broadly, including support for cryptocurrencies, according to a transcript of a meeting with staffers held Thursday.
The post Elon Musk floats crypto payments during meeting with Twitter employees appeared first on The Block.
Here’s how crypto mining companies performed on Thursday, June 16.
The post Bitcoin mining stock report: Thursday, June 16 appeared first on The Block.
