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DCG Looks to Refinance Outstanding Genesis Obligations, Raise Growth Capital
9.5.2023
The crypto conglomerate may owe its bankrupt lending division hundreds of millions in loan payments
FTX seeks to claw back $4B from Genesis in a battle of the bankrupt
4.5.2023
The bankrupt crypto exchange wants to recoup billions from the bankrupt crypto lender claiming it was “instrumental” to FTX’s “fraudulent” business model
FTX Seeks to Claw Back Nearly $4B in Ongoing Bankruptcy Case
3.5.2023
Bankrupt crypto exchange FTX wants to claw back nearly $4 billion in funds from similarly bankrupt Genesis Global Capital, the company said in a court filing Wednesday
This Game Has The Best Depiction Of X-Men Women We’ve Ever Seen
2.5.2023
Getting to play as Storm, Mistress of the Elements, is a highlight of any X-Men gaming experience, whether it be Konami’s classic arcade beat ‘em up, the beloved action-RPG X-Men: Legends, or as part of the Certified Gay trio of Storm, Rogue, and Psylocke in Marvel vs. Capcom 2. As a lover of...
Gemini ‘supportive’ of Genesis mediation, but frustrated over pacing
1.5.2023
Genesis is starting a 30-day meditation with its key creditors as its bankruptcy proceedings are close to hitting the four-month mark
Genesis Bankruptcy Parties Agree to 30-Day Mediation Period
28.4.2023
The process can start once the parties agree on a mediator and submits an order to the U.S. bankruptcy court
Genesis settlement disrupted by new creditor demands, DCG says
25.4.2023
Under the initial settlement plan, Genesis creditors were expected to receive 80% recovery of funds lost due to the bankruptcy
Genesis Files for Mediator Assistance Over Amount of DCG Contribution to Reorganization
25.4.2023
The move by Genesis creditors comes months after they had appeared to reach an initial agreement with Genesis-owner DCG
Marvel Studios Founder David Maisel Launches Ekos Genesis Art Collection
21.4.2023
David Maisel, who pioneered the Marvel Cinematic Universe, is spearheading a new digital art collection from Mythos Studios, featuring artwork by noted comic book artist Michael Turner
Today in Crypto: Intel Discontinues Bitcoin Mining Chips Production, a16z Crypto Teases a New Launch, LUKSO's Genesis Validator Deposit Smart Contract Going Live on Thursday
19.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Intel Discontinues Bitcoin Mining Chips Production, a16z Crypto Teases a New Launch, LUKSO's Genesis...
Lukso Genesis Validator Smart Contract to Go Live on 4/20 at 4:20
18.4.2023
The Lukso initial validators will vote on token supply of LYX and how much the Lukso Foundation can hold
Bankruptcy Trading Platform Xclaim Closes $7M Round as It Adds Crypto Focus
11.4.2023
Founder and CEO Matthew Sedigh says trading volumes have surpassed $200 million since Xclaim started operations in 2018
Crypto ATM Numbers Drop by 13.91% Since December 2022, Over 3,600 Went Offline in March
2.4.2023
According to data from the cryptocurrency automated teller machine (ATM) aggregation website Coin ATM Radar, over 3,600 crypto ATMs went offline in March. Since the end of 2022, the number of crypto ATMs has declined by 13.91% in the last three months. Crypto ATM Numbers Decline in 2023 According...
First Mover Americas: Bitcoin Busts Through $26K
17.3.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for March 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Genesis Requests Timetable for Sale, Creditor Claims
17.3.2023
The company wants to sell off its business after filing for bankruptcy on Jan. 19
DCG losses top $1B on the back of 3AC collapse in 2022
28.2.2023
The crypto conglomerate reported that falling crypto prices and the fallout from Three Arrows Capital’s loan default to Genesis affected its results
Crypto Conglomerate Digital Currency Group Reports Loss of $1.1B in ‘Challenging’ 2022
27.2.2023
DCG held cash and cash equivalents of just $262 million at the end of 2022, while investment assets amounted to $670 million
Crypto Has an Incest Problem
17.2.2023
Court filings reveal complex interlocking relations between major crypto firms – with implications for the ecosystem’s resilience, and for customers owed money
Genesis Unveils Proposed Sale Plan With DCG, Bankruptcy Creditors
10.2.2023
Parent company Digital Currency Group would turn its equity in Genesis Global Trading over to a holding company as part of an effort to sell both firms
Crypto Biz: FTX clawbacks, Genesis silver lining?
10.2.2023
As FTX seeks clawbacks on political donations, Digital Currency Group and its bankrupt subsidiary, Genesis Global Trading, have reached an agreement on restructuring