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

Our weekly roundup of stories from East Asia curates the industrys most vital developments.

Three Arrows Capital (3AC), a once-bourgeoning Singaporean hedge fund price an estimated $10 billion at its peak, was totally obliterated by the bear market final yr. Nonetheless, the carnival it has created because the preliminary blowup nonetheless lives on, and its important characters look like doing fairly effectively, too.

Certainly 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 activity perfecting the artwork of cooking rooster.

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