Bankrupt crypto hedge fund Three Arrows Capital's (3AC) assets have been frozen by the New York bankruptcy court after a ruling from a federal judge on Tuesday.
Texas-based Bitcoin (CRYPTO: BTC) miners responded to a request from The Electric Reliability Council of Texas (ERCOT) by suspending operations on Monday.
Crypto hedge fund Three Arrows Capital (3AC) filed for Chapter 15 bankruptcy protection earlier this month, and the beleaguered fund's legal team has said its co-founders are untraceable. What is known , is the list of creditors for the hedge fund.
Ethereum (CRYPTO: ETH) stakers had locked $39.7 billion in the ETH 2.0 deposit contract in November. Since then, the contract has lost over $25.6 billion in value.
The U.S. Treasury said it had delivered a framework to President Joe Biden, calling for international engagement and an inter-agency approach to digital assets.