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Three Arrows Capital Founders Cite 3 Key Crypto Trades That Blew Up the Firm - Decrypt

Three Arrows Capital Founders Cite 3 Key Crypto Trades That Blew Up the Firm – Decrypt

The two co-founders of the recently bankrupt crypto hedge fund Three Arrows Capital (3AC), Su Zhu and Kyle Davies, have broken their silence in a new interview with Bloomberg, published today.  Zhu and Davies attribute 3AC’s rapid collapse to over-optimistic speculations on their part, with Zhu saying that they “positioned [themselves] for a kind of …

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Celsius (CEL) price gains 600%+, but analysts cite exchange error and a massive short squeeze

Celsius (CEL) price gains 600%+, but analysts cite exchange error and a massive short squeeze

On June 14, discussions of Celsius continued to populate media headlines and June 14’s news involved the platform’s CEL token accruing massive gains after what appears to have been either an exchange glitch or a short-squeeze. CEL price spiked from $0.18  to $1.55 in one abrupt candle before sinking back to $0.60 within the same …

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