According to a report published on July 8, the cryptocurrency firm Blockchain.com lost $270 million from exposure to the crypto hedge fund Three Arrows Capital (3AC). The news was shared in a recent letter to shareholders written by the company’s CEO Peter Smith. The Blockchain.com executive stressed that the firm “remains liquid, solvent and our customers will not be impacted.”
Fortune Rise Acquisition Corporation Announces the Separate Trading of its Class A Common Stock Shares and Warrants, Commencing December 27, 2021
Fortune Rise Acquisition Corporation (NASDAQ: FRLAU) (the “Company”), a newly organized blank check company incorporated as a Delaware business company and led by Chief Executive Officer and Director Lei Huang,