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3AC loan default

TSX-Listed Voyager Digital ‘Temporarily’ Suspends Trading, Deposits, and Withdrawals

TSX-Listed Voyager Digital ‘Temporarily’ Suspends Trading, Deposits, and WithdrawalsAfter the TSX-listed Voyager Digital revealed that it was owed $655 million from Three Arrows Capital (3AC), the company secured a $500 million credit line from Alameda Ventures in order to “safeguard customer assets.” Five days later on July 1, Voyager announced the crypto company was “temporarily suspending trading, deposits, withdrawals and loyalty rewards.” Another […]

Still Early: Taylor Swift Remains More Popular Than Bitcoin for Now

Crypto Firm Voyager Digital Secures a $500M Line of Credit From Alameda Ventures to Cope With 3AC Exposure

Crypto Firm Voyager Digital Secures a 0M Line of Credit From Alameda Ventures to Cope With 3AC ExposureThree days ago, Bitcoin.com News reported on the publicly listed company Voyager Digital after the crypto firm announced that it was owed $655 million worth of digital assets. Now according to a press release from Voyager, the company has secured funds from Alameda Ventures in order to get more access to liquidity. Voyager Borrows $500 […]

Still Early: Taylor Swift Remains More Popular Than Bitcoin for Now

Three Arrows Capital Allegedly Owes Voyager Digital $655M — Crypto Firm Is ‘Unable to Assess’ if It Can Recover the Funds

Three Arrows Capital Allegedly Owes Voyager Digital 5M — Crypto Firm Is ‘Unable to Assess’ if It Can Recover the FundsAccording to reports, the TSX-listed Voyager Digital is another company that has been negatively affected by financial issues tied to the crypto hedge fund Three Arrows Capital (3AC). In a letter to investors, Voyager’s management explained that 3AC potentially defaulted on a $655 million loan and it hopes to obtain some of the funds by […]

Still Early: Taylor Swift Remains More Popular Than Bitcoin for Now