3AC cooks up a storm, Bitcoin miner surges 360%, Bruce Lee NFTs dive: Asia Specific

Our weekly roundup of reports from East Asia curates the industrys most necessary developments.

Three Arrows Capital (3AC), a as soon as bourgeoning Singaporean hedge fund value an estimated $10 billion at is peak, was completely obliterated by the bear market final 12 months. Nonetheless, the carnival it has created for the reason that preliminary blowup nonetheless lives on, and its most important characters look like doing fairly effectively, too.

Considered one of 3AC co-founders, Kyle Davies, seems to have lastly discovered some solace from the expertise. After a lot turmoil, the previous hedge fund supervisor has now transitioned into an aspiring restauranteur fixated on one job perfecting the artwork of cooking hen.

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