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Market Cap:
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Bitcoin Bitcoin Share: 63.42%
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Bitcoin.com
2022-07-08 20:30:37

Report: Blockchain.com CEO Reveals Company Lost $270 Million From 3AC Exposure

Report: Blockchain.com CEO Reveals Company Lost $270 Million From 3AC Exposure

According to a report published on July 8, the cryptocurrency firm Blockchain.com lost $270 million from exposure to the crypto hedge fund Three Arrows Capital (3AC). The news was shared in a recent letter to shareholders written by the company’s CEO Peter Smith. The Blockchain.com executive stressed that the firm “remains liquid, solvent and our […]

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