The Terra crash has affected 3AC, pushing the liquidation limit. Bankman said that he has a few more billions to help the firms. Sam Bankman Fried, CEO of the largest crypto exchange platform FTX, said that he has spent $2 billion to savor many struggling companies. And he also stated
The Voyager has halted its operation from July 1, 2.00 PM ET. The 3AC has a default of around $646 million to Voyager, in terms of BTC and USDC. Another crypto firm got halted this week, Voyager Digital LLC platform officially declared its halting on July 1 by publishing an
The bear market is called the bear market because bears hibernate during winter, which is generally regarded as a period of slow growth. However, according to some, the reason why it’s called a bear market is because of the old saying “you don’t sell a bear’s skin before you’ve caught
In November of last year, the global cryptocurrency market was valued at $3 trillion; now, it is valued at $1.2 trillion. Cryptocurrency prices have traded in red for a long time, with most digital currencies losing double digits for a prolonged time. TRON is one of the few cryptocurrencies that
