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


CointelegraphApr 21, 2023 07:40PM ET

Our weekly roundup of news from East Asia curates the industrys most important developments.

Three Arrows Capital (3AC), a once-bourgeoning Singaporean hedge fund worth an estimated $10 billion at its peak, was utterly obliterated by the bear market last year. However, the carnival it has created since the initial blowup still lives on, and its main characters appear to be doing quite well, too.

One of 3AC co-founders, Kyle Davies, appears to have finally found some solace from the experience. After much turmoil, the former hedge fund manager has now transitioned into an aspiring restauranteur fixated on one task perfecting the art of cooking chicken.

Kyle Davies chopping up … nothing for some reason. (Twitter)
In a post to followers, Su Zhu bids his audience good morning and asks for good vibes only.” (Twitter)
SAI.TECH’s main Bitcoin mining infrastructure products. (SAI.TECH)

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