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Ethereum World News 2022-07-08 16:26:01

Blockchain.com CEO Reveals Potential $270M Loss Due to Three Arrows Capital Exposure

Summary: Blockchain.com’s CEO has revealed that the company faces a $270 million loss on loans to the Three Arrows Capital hedge fund. However, he states that the company remains liquid and solvent, and its customer will not be affected by the loss. Blockchain.com CEO, Peter Smith, has revealed that the crypto exchange faces a potential $270 million loss on loans it gave to the possibly bankrupt Three Arrows Capital hedge fund. Mr. Smith told shareholders in a letter that ‘Three […]

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