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Crypto Exchange Blockchain.com Faces $270M Hit on Loans to Three Arrows Capital

Crypto exchange Blockchain.com stands to lose $270 million from lending to Three Arrows Capital (3AC), the over-leveraged hedge fund now subject to a liquidation order in the British Virgin Islands. "The Hash" team discusses the latest big player to be hit by 3AC's continued contagion effects.

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Finance

Crypto Exchange Blockchain.com Faces $270M Hit on Loans to Three Arrows Capital

Blockchain.com “remains liquid, solvent and our customers will not be impacted,” wrote CEO Peter Smith in a letter to shareholders.

Blockchain.com CEO Peter Smith in 2015 (CoinDesk archive)

Finance

Blockchain.com, Deribit Among Creditors That Pushed for 3AC Liquidation: Report

Blockchain.com has also said it is cooperating with ongoing investigations into the hedge fund, which "defrauded the crypto industry."

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Finance

Blockchain.com Could Look at an IPO as Early as This Year: Report

The exchange is looking at a listing after reaching a valuation of $14 billion last month.

(Gabby Jones/Bloomberg via Getty Images)

Finance

Dallas Cowboys Ink Deal With Blockchain.com as NFL Teams Begin Crypto Embrace

The team is partnering with the exchange as the NFL loosens its policy on which types of crypto firms can be sponsors.

(Al Pereira/Getty Images)

Finance

Blockchain.com Teams With Altis Partners on Asset Management Platform

The exchange was valued at $14 billion in a funding round closed last week.

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Finance

Crypto Exchange Blockchain.com Hits $14B Valuation in Lightspeed-Led Funding Round

The raise more than doubles the previous value of the company.

Blockchain.com founder and CEO Peter Smith (Blockchain.com)

Finance

Crypto Exchange Blockchain.com Acquires Altonomy’s OTC Desk

Blockchain.com confirmed the deal to CoinDesk. It significantly expands the exchange’s crypto OTC network, especially in the altcoin space.

(John Parra/Getty Images for Blockchain.com Miami Padel Open)

Finance

Blockchain.com’s Global Head of Asset Management Is Leaving the Firm

Xen Baynham-Herd, a former UBS banker, had been with Blockchain.com for the last five years and led asset management there for the year.

Credit: Blockchain.com

Finance

Blockchain.com prepara el lanzamiento de un marketplace de NFTs

La compañía ha abierto una lista de espera para la nueva plataforma, que permitirá a los usuarios comprar, vender y almacenar tokens no fungibles.

Peter Smith, CEO de Blockchain.com (Archivo de CoinDesk)