BEAMSTART Logo

Crypto Biz: Coinbase downgraded, 3AC deemed insolvent and Michael Saylor buys the dip

Coin Telegraph LogoCoin Telegraph1 mo ago

Crypto Biz: Coinbase downgraded, 3AC deemed insolvent and Michael Saylor buys the dip

Quick Summary AI Powered

Coinbase, Three Arrows Capital and MicroStrategy headline the latest business news from the world of blockchain.

Although details were sparse, the liquidation ruling came shortly after the crypto exchange Voyager Digital handed 3AC a notice of default for its failure to pay back a massive loan that included 15,250 BTC and 350 million USD Coin (USDC).

Earlier this week, the company introduced its 21Shares Bitcoin Core exchange-traded product, also known as CBTC.


More Pictures


or

Article Details

Author / Journalist: Cointelegraph By Sam Bourgi

Category: Crypto

Topics: Coinbase Goldman Sachs MicroStrategy Venture Capital

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-01, 22:30:00

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Reading Time: 4 minutes read

Article Length: 664 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 26065

View Article Analysis

About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 24 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

BEAMSTART brings you the latest news, jobs, and events from all around the world on startups, technology, and business. Stay updated with industry news, plug-in to exciting events, and discover incredible career opportunities with the world's most innovative companies.

© Copyright 2022 BEAMSTART. All Rights Reserved.