Should Traders Trust a Crypto Exchange Launched by Bankrupt Hedge Fund Founders?

Sponsored
Sponsored
Three Arrows Capital founders Su Zhu and Kyle Davies are launching a new exchange called OPNX. But can, and should, traders trust it? To put it mildly, Su Zhu and Kyle Davies, the founders of Three Arrows Capital (3AC), are controversial figures in the crypto industry. Three Arrows Capital, their hedge fund, was founded in 2012 after the pair met at Columbia University. 3AC subsequently became one of the most successful crypto hedge funds in the world. As recently as March, it managed over $10 billion in assets. However, when the USDT peg was broken, leading to a significant liquidity
Sponsored

Go to Source
Author: coinmaker

Sponsored
kryptonew

Share
Published by
kryptonew

Recent Posts

July Crypto Stock Breakdown: Why MSTR, BMNR Held Gains as IREN, WULF, RIOT, ABTC Dropped

July closed with one of the most striking macro disconnects in digital-asset history. On the…

8 hours ago

Crypto-Backed PAC Spends $53.5K in Michigan House Primary

Key Highlights Fairshake-affiliated PAC Protect Progress disclosed a $53,530 independent expenditure opposing Donavan McKinney in…

8 hours ago

Binance Founder Warns Crypto Users After Coldcard Hack Tops $70M

Key Highlights CZ warned crypto users that hardware wallets can still have security flaws, saying…

8 hours ago

Coldcard Hack Hits $75M After Alleged Second Attack Wave: Galaxy Research

Key Highlights Galaxy Research says the Coldcard hack has grown to $75.1 million, with 1,158.66…

8 hours ago

Coldcard Hack Tops $88.6M as Galaxy Finds Third Attack Wave

Key Highlights Galaxy Research identified a third attack wave, raising the Coldcard exploit to 1,367…

1 day ago

DeFi Kingdoms to Shut Down DFK Chain on August 28, Begins Avalanche Migration

Blockchain gaming project DeFi Kingdoms will permanently retire DFK Chain on August 28, 2026, ending…

1 day ago

This website uses cookies.

Read More