TechFlow news — cryptocurrency exchange Blockchain.com faces a $270 million loss due to loans extended to Three Arrows Capital. In a letter to shareholders dated June 24, Blockchain.com CEO Peter Smith stated that the company remains liquid and solvent, with no impact expected for customers.
Previously, on July 1, Blockchain.com, a creditor of Three Arrows Capital, said it had filed for the liquidation of all assets belonging to the distressed crypto hedge fund and is cooperating with court investigations into the firm.
Navigating Web3 tides with focused insights
Contribute An Article
Media Requests
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号




