Latest Report The SEC vs. Paxos: A deep dive into the implications of the lawsuit and its effects on stablecoins The SEC’s notice to Paxos to stop minting BUSD could have longstanding implications on the crypto market. CryptoSlate’s new report explores the recent and potential consequences of enforcement action against Paxos. Andjela Radmilac · 5…
Non-fungible tokens (NFTs) belonging to Starry Night Capital, a subsidiary of collapsed Three Arrows Capital (3AC), have been moved to a Gnosis safe address, Nansen tweeted on Oct. 4. NFTs previously collected by Starry Night Capital are moving to a Gnosis Safe address. These NFTs include:– Pepe the Frog NFT Genesis, sold for 1,000 ETH…
The High Court of Singapore granted interim relief to the liquidators of Three Arrows Capital (3AC) on July 15 to investigate and preserve the assets of the insolvent crypto hedge fund in the city-state, The Straits Times reported. Two employees of New York-based financial advisory firm Teneo were appointed by the British Virgin Islands (BVI)…
Singapore’s financial regulator has reprimanded three Arrows Capital (3AC) for providing false information about its operations in the country. The Monetary Authority of Singapore (MAS) said that 3AC exceeded the threshold for how many assets under management (AuM) an investment fund in the country can have. According to the official statement from MAS, 3AC has…
A British Virgin Islands Court has ordered the liquidation of Three Arrows Capital (3AC), plunging the crypto hedge fund into a deeper crisis, Sky News reported. According to the report, Teneo Restructuring has been mandated to handle 3AC’s restructuring. Earlier in the week Voyager Digital issued 3AC with a notice of default after failing to…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! According to the company’s announcement, the credit facility will be used to safeguard customer assets in light of current market volatility and only “if needed.” The market volatility threatening Voyager originated from Three Arrows Capital, an investment fund that took out…