Crypto Exchange Blockchain.com Faces $270M Hit on Loans to Three Arrows Capital

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Crypto Exchange Blockchain.com Faces $270M Hit on Loans to Three Arrows Capital
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'This bear market is going to be a lot worse than 2018,' CryptoWendyO says, 'because there's just so much money.' 'I don't think we've capitulated yet.' 'The Hash' team discusses the latest big player to be hit by 3AC's continued contagion effects:

Crypto exchange Blockchain.com stands to lose $270 million from lending to Three Arrows Capital , the over-leveraged hedge fund now subject to a liquidation order in the British Virgin Islands. “The Hash” team discusses the latest big player to be hit by 3AC’s continued contagion effects.

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