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3AC liquidators estimate 46% recovery rate for creditors: Teneo report

3AC liquidators estimate 46% recovery rate for creditors: Teneo report

The report said that a number of contentious issues have been resolved and that the majority of assets are secured.

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Solana, Avax, Helium Led Digital Assets Gains This Year. What’s Next?

What to watch for in 2024, according to market analysts.

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Court Freezes $1 Billion of Assets of Three Arrows Capital Founders

The worldwide order by a British Virgin Islands court applies to founders Su Zhu, Kyle Davies and Davies’ wife, Kelly Chen.

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Bitcoin Climbs Near $44K as U.S. Stocks Nurse Biggest Three-Month Loss

Overall crypto market capitalization crossed the $1.7 trillion mark on Wednesday for the first time since May 2022.

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Ark Invest sells further $24 million in Coinbase amid shares hitting yearly highs

Ark also sold $14.3 million worth of GBTC shares and bought shares in Jack Dorsey’s Block worth around $12.1 million.

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Bitcoin Could Retract to $36K Before Uptrend Resumes, QCP Capital Says

In a recent note, the Singapore-based investment fund said expects topside resistance for bitcoin in the $45k-$48.5K region.

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BVI court freezes Three Arrows Capital founders’ $1 billion in assets

Three Arrows’ liquidator Teneo said the court has frozen the assets of Su Zhu, Kyle Davies and Davies’ wife.

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Vladimir Putin’s Signature Brings Digital Ruble Into Russia’s Tax Code

Russia’s digital ruble has been integrated into the nation’s tax code after its President Vladimir Putin signed the move into law.

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The Sandbox Aims To Make India Its Largest Market

Metaverse platform The Sandbox is aiming to make India its largest market within the coming 24 months.

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U.S. appeals court finalizes mandate for forfeiture of Silk Road bitcoin

A U.S. appeals court finalized a mandate on Wednesday that formalizes the forfeiture of 69,370 bitcoin connected to the Silk Road.

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