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Genesis announces winding down of crypto trading services
14.9.2023
In January, Genesis Global Capital announced it would eliminate its crypto spot trading services “voluntarily and for business reasons” without additional details
Genesis Has Ceased All Crypto Trading Services: Spokesperson
14.9.2023
The Genesis will be positioned on the Chiliz Chain
14.9.2023
The Genesis, which is basically an NFT collection from Legend and Chiliz’s collaboration, will be the initial project that will be positioned on the Chiliz Chain. They have created an exceptional offer for the Chiliz community to commemorate the occasion. For a start, the NFT collection will...
Gemini Earn Users Could Recover Almost All Assets as Part of New Agreement – Here’s the Latest
13.9.2023
Gemini Earn users may be able to recover almost all their cryptocurrency holdings as part of a new agreement between Digital Currency Group (DCG) and Genesis.
In a Wednesday filing, DCG outlined a proposal that will allow creditors to recover between 70% to 90% of their funds, with a significant...
Beleaguered Gemini Earn Customers Will Be Made ‘Nearly Whole,’ DCG and Genesis Say About Remuneration Plan
13.9.2023
A filing on Tuesday states that if the assorted creditor groups vote through the proposed deal, then “Gemini Earn users are estimated to recover approximately 95-110% of their claims.”
What is Monero? A Brief History of the World’s Top Privacy Coin
11.9.2023
Monero currently occupies the foremost position among privacy cryptocurrencies in terms of market capitalization. The following Learning and Insights explainer briefly delves into the origins and development of Monero (XMR), emphasizing its distinctive features, such as anonymous transactions...
US Authorities Reportedly Intensify Investigation into Alleged Fraud at Barry Silbert's DCG Following Winklevoss Claims
8.9.2023
According to a Bloomberg report on Thursday, the crypto feud between the two crypto tycoons, billionaire Cameron Winklevoss and Digital Currency Group (DCG) and its CEO Barry Silbert, has attracted the attention of several US investigators.
The denied Fraud accusations thrown against DCG and Barry...
Coinbase Launches Crypto Lending Service for Institutional Investors
8.9.2023
Digital asset exchange Coinbase will be offering cryptocurrency loans to institutions in the United States. With the new service, the leading U.S. crypto trading platform seeks to fill the market gap opened by the collapse of companies like Celsius, Genesis, and Blockfi. Crypto Exchange Coinbase...
Our Fave Cosplay From Fan Expo Canada
7.9.2023
Fan Expo Canada, which took place at the Metro Toronto Convention Centre from August 24 to the 27, always brings a fine selection of cosplay, and this year was no exception. Read more
Genesis Global Capital files a lawsuit against Digital Currency Group
7.9.2023
Genesis Global Capital has filed a lawsuit against Digital Capital Group for defaulting on exorbitantly large amounts of loans. Genesis Global Capital has not received the agreed-upon funds back as of May 2023, per the terms and conditions stipulated by the two corporations. Genesis has hired...
Genesis Sues Parent Firm DCG Over $600 Million Loan Repayment
7.9.2023
Genesis Global Capital (GGC), a subsidiary of Digital Currency Group (DCG) based in New York, has initiated two lawsuits against DCG and its international arm, DCGI, aiming to secure the repayment of loans totaling $600 million.
Genesis, which declared bankruptcy in January this year following...
Genesis sues parent company DCG, other affiliate for $600M in overdue loans
6.9.2023
DCG borrowed $500,000 from its subsidiary last year and DCG Investments borrowed over 18,000 BTC and both have allegedly defaulted
Genesis Global Capital Files for Over $600M in Unpaid DCG Loans: Court Docs
6.9.2023
Genesis Global Capital, a subsidiary of Digital Currency Group, filed in court for DCG to repay outstanding loans in excess of $600 million on Wednesday
Crypto Spot Trading to Cease at Genesis Global Trading - What's happening?
6.9.2023
Genesis Global Trading (GGT), a New York-based subsidiary of Barry Silbert's Digital Currency Group, is set to halt its crypto spot trading services as of September 18. The decision comes directly from the company and is described as a voluntary measure due to unspecified business reasons.
The...
US-based Genesis Global Trading will eliminate its crypto spot trading service
5.9.2023
The company, an affiliate of Barry Silbert’s Digital Currency Group, has been providing crypto spot trading since 2013. Its closure is “for business reasons.”
Genesis to Shutter Crypto Trading Desk for U.S. Market
5.9.2023
Genesis Global Trading will halt its crypto OTC desk later this month
Creditors Accuse Crypto Lender Genesis of Vote Buying as Bankruptcy Proceedings Continue
1.9.2023
Creditors of crypto lender Genesis and its parent company the Digital Currency Group (DCG) have opposed a proposed settlement deal leveling accusations of voter manipulation.
According to a filing on Aug. 31, creditors including digital asset exchange Gemini have criticized the proposal as...
Creditors Accuse Genesis of Ballot-Stuffing Over $175M FTX Deal
1.9.2023
Genesis is facing headwinds as it seeks to finalize its wind-up after a January bankruptcy – and is now being accused by Gemini and other creditors of voter “manipulation.”
Gemini and Two Other Creditor Groups Object to Genesis' Bankruptcy Resolution Proposal
31.8.2023
Crypto exchange Gemini has objected to Genesis' bankruptcy resolution proposal, claiming that the plan lacks necessary specifics and fails to offer adequate assurances to its major debtors.
Gemini has joined two other creditor groups in objecting to the proposed agreement.
As reported earlier...
Gemini and Two Other Creditor Groups Object to Genesis' Bankruptcy Resolution Proposal
31.8.2023
Crypto exchange Gemini has objected to Genesis' bankruptcy resolution proposal, claiming that the plan lacks necessary specifics and fails to offer adequate assurances to its major debtors.
Gemini has joined two other creditor groups in objecting to the proposed agreement.
As reported earlier...