The fallout of leverage continues. This week, we see the further unfolding saga of over-extended Three Arrows Capital (3AC), Voyager Digitial, and the assets of BlockFi go up for grabs.
3ac
The Weekly News Roundup, ending 26 June 2022 – CeFi Continues Bleeding
This week saw the continued unravelling of CeFi/DeFi lending/loaning platforms and affiliated parties, (and graphics cards are dropping in price.)