Crypto broker Voyager digital announced on its website Wednesday that it would drop daily withdrawal limits from $25,000 to $10,000. The policy change was announced as the firm seeks to shore up its finances following a sharp decline of the company’s share price—dropping by as much as 60% throughout the day and closing at a 50.84% loss. The price collapse came after Voyager publicly revealed loans it made to crypto hedge fund Three Arrows Capital (3AC). According to Voyager, there are over $650 million in outstanding loans—made up of 15,250 BTC and $350 million USD Coin (USDC). Alameda Research, a quantitative ... (full story)