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