3AC

Kyle Davies, Su Zhu, Mark Lamb (Kyle Davies/Twitter)

The exchange co-founded by Kyle Davies, Su Zhu and Mark Lamb was formally reprimanded by the Virtual Assets Regulatory Authority (VARA) in May.

By Sandali Handagama

Aug 16, 2023 at 12:31 p.m. UTC

Aug 16, 2023

RegulationsDubaiOpnxKyle daviesSu Zhu3AC

Bankrupt lender BlockFi receives conditional approval for its restructuring plan from a U.S. bankruptcy court. (CoinDesk archives)

Bankrupt Crypto Lender BlockFi Inches Closer to Refunding Clients

The firm receives conditional approval for its restructuring plan from a U.S. bankruptcy court.

By Sam Reynolds

Aug 3, 2023 at 4:15 a.m. UTC

Aug 3, 2023

BlockFiBankruptcyFTXAlamedaCore Scientific3AC

OPNX co-founders Kyle Davies, Su Zhu and Mark Lamb. (Kyle Davies/Twitter)

Three Arrows Founders to Donate Future Earnings to Creditors in Spirit of 'Karma'

The hedge fund that filed for bankruptcy last year has been roasted by victims and crypto-industry observers in the wake of its epic collapse, but one partner, Kyle Davies, says "karma" motivates the founders to give back.

By Eliza Gkritsi Rosie Perper

Jul 3, 2023 at 8:31 p.m. UTC

Jul 3, 2023

3ACThree Arrows CapitalBankruptcySingaporeCreditor Protection

Finance

Three arrows capital

Three Arrows Capital Liquidators Seek $1.3B From Bankrupt Hedge Fund's Founders: Bloomberg

The fund founded by Su Zhu and Kyle Davies suffered big losses on the collapse of the Terra ecosystem starting in May 2022 and took on additional leverage despite already being insolvent, the liquidators say.

By Jamie Crawley

Jun 27, 2023 at 3:31 p.m. UTC

Jun 27, 2023

Three Arrows Capital3ACBankruptcy

Road directional arrows (The Image Bank RF/Getty Images)

Markets

Defi

3AC-Linked FLEX, OX Tokens Surge Despite Lack of New Holders

Less than 2,000 wallets hold OX tokens, a level that’s far below the average holders of tokens with similar market capitalizations.

By Shaurya Malwa

Jun 27, 2023 at 11:38 a.m. UTC

Jun 27, 2023

DeFiTrading3AC

Three Arrows Capital is reborn as a venture capital firm (Unsplash)

Finance

3ac

Bankrupt Hedge Fund 3AC's Return as a VC Stirring Up Crypto Community

3AC co-founder Kyle Davies told CoinDesk that the new entity aims to provide support for projects that are building for a decentralized future, but skeptics have recalled the original firm’s tainted past.

By Brandy Betz Oliver Knight

Jun 21, 2023 at 7:02 p.m. UTC

Jun 21, 2023

3ACThree Arrows CapitalOpnx

Sotheby's Auctions Dmitri Cherniak's 'The Goose' NFT for $6.2M

Video

Cdtv

Sotheby's Auctions Dmitri Cherniak's 'The Goose' NFT for $6.2M

Generative artist Dmitri Cherniak's Ringers 879 non fungible token NFT sold for a full price of 6 2 million on Thursday during a live auction at Sotheby's auction house in New York City that featured artworks seized from bankrupt crypto hedge fund Three Arrows Capital 3 AC Sotheby’s Head of Digital Art and NF Ts [...]

By CoinDesk Staff

Jun 16, 2023 at 3:33 p.m. UTC

Jun 16, 2023

cdtvNFTFM ClipMichael Bouhanna3ACDmitri cherniak

Dmitri Cherniak, Ringers #879 (The Golden Goose)

Web3

Nfts

Dmitri Cherniak's 'The Goose' NFT Sells at Sotheby's Auction for $6.2M

Sotheby's reported it was the second-highest sale of all time for a work of generative art.

By Rosie Perper

Jun 15, 2023 at 8:26 p.m. UTC

Jun 15, 2023

NFTsSotheby’sWeb3Three arrow capital3AC

Sotheby’s to Auction Off More NFTs Seized From 3AC, Including Landmark Dmitri Cherniak Work

Video

Cdtv

Sotheby’s to Auction Off More NFTs Seized From 3AC, Including Landmark Dmitri Cherniak Work

Sotheby's is set to auction off more non fungible tokens NF Ts seized from bankrupt crypto hedge fund Three Arrows Capital 3 AC bringing high value NF Ts like Dmitri Cherniak's Ringers 879 often referred to as The Goose out from the vault for the first time since 2021 The Hash panel discusses the latest [...]

By CoinDesk Staff

May 31, 2023 at 5:15 p.m. UTC

May 31, 2023

cdtvNFTHash clip3ACDmitri cherniak