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Tether says it has no exposure to Genesis Global or Gemini Earn
16.11.2022
The stablecoin operator said the reliability of its reserves is important to highlight “at a time like this.” Tether has historically had issues with transparency
Crypto Market Slides After Genesis Withdrawal Halt, but Big Investors May Hunt for Bargains
16.11.2022
Most digital assets trade lower on Wednesday as another crypto firm gets hit by the FTX contagion. Some analysts see enduring interest from institutional investors – possibly at an even lower entry price than previously contemplated
FTX Latest - Crypto Prices Slip as Contagion Hits BlockFi, Genesis and Gemini, Hacker ID Known, Auditors and VCs Fail, Class Action Lawsuit Filed
16.11.2022
BlockFi, Genesis and Gemini are the latest crypto victims of FTX contagion.
The Wall Street Journal reports that crypto lender BlockFi is preparing for bankruptcy while today Genesis announced that it was halting redemptions on its lending product and would stop making new loans.
It is claimed...
Bitcoin price dips to $16.4K over Genesis woes as execs defend GBTC
16.11.2022
The latest casualty of the FTX meltdown raises concerns over institutional investment fund, the Grayscale Bitcoin Trust (GBTC)
Market Maker B2C2 Offers to Buy Loans From Genesis Crypto-Lending Unit
16.11.2022
The lending arm of the crypto financial firm Genesis halted customer withdrawals earlier Wednesday, citing the impact of the collapse of FTX
Grayscale Declares 'Business as Usual' Despite Sister Company Genesis Global Capital Suspending Withdrawals
16.11.2022
Grayscale said that "Genesis Global Capital is not a counterparty or service provider for any Grayscale product."
Report: Genesis Global Trading’s Lending Unit Suspends Withdrawals and New Loan Originations
16.11.2022
Following Blockfi, Liquid Global, and Salt Lending halting withdrawals, reports indicate that Genesis Global Trading’s lending unit has halted customer withdrawals. Genesis’ interim chief executive officer Derar Islim said that the company’s trading and custody units were still operational....
Breaking: Crypto lender Genesis Global halts withdrawals
16.11.2022
The troubled firm is also acting as the liquidity provider of Grayscale Bitcoin Investment Trust
Genesis’ Crypto-Lending Unit Is Halting Customer Withdrawals in Wake of FTX Collapse
16.11.2022
The unit, known as Genesis Global Capital, serves an institutional client base and had $2.8 billion in total active loans as of the end of the third quarter of 2022
Genesis receives additional equity infusion of $140M following recent market events
11.11.2022
According to the company, this will bolster its position as a global leader in crypto capital markets
Digital Currency Group aporta US$140M a la empresa de trading Genesis
11.11.2022
Genesis informó que su negocio de derivados actualmente tiene alrededor de US$175 millones en fondos bloqueados en su cuenta de trading de FTX
Crypto Investment Firm DCG Gives $140M Equity Infusion to Trading Firm Genesis
11.11.2022
Genesis reported earlier that its derivatives business currently has about $175 million in locked funds in its FTX trading account
Genesis Trading reveals $175M of funds are locked in FTX
11.11.2022
Genesis Trading is the latest firm to declare exposure to FTX and may look to its parent company for help as it did after the 3AC bankruptcy
Digital Asset Data Provider Amberdata Acquires Crypto Analytics Company Genesis Volatility
25.10.2022
Amberdata, a provider of digital asset data to financial institutions, has acquired Genesis Volatility, a crypto options analytics firm
Relictum Pro Thrives in Bear Market with Its Token Price Surging 4 Times
22.10.2022
PRESS RELEASE. After being listed on LBank Exchange on September 29, 2022, Genesis Token (GTN), the native token of Relictum Pro, has been witnessed by investors with an impressive 4 times price surging, indicating the great potential of the project has been further recognized by global crypto...
Genesis Chief Risk Officer Said to Be Exiting After 3 Months
20.10.2022
Michael Patchen joined the company only this past summer
Playing Card Maker Bicycle to Feature Bored Ape #1,227 in Upcoming Collectible Deck
19.10.2022
Last year, when the non-fungible token (NFT) industry was frothing over, the 137-year-old playing card manufacturer Bicycle issued NFTs called the Genesis Collection and in June, Bicycle purchased Bored Ape Yacht Club #1,227. Bicycle and parent company Cartamundi Group announced on Tuesday that...
Grayscale Bitcoin Trust terminates material agreements with Genesis
4.10.2022
Genesis will no longer be involved in GBTC's main operations, but will still act as a liquidity provider
Grayscale Takes Over Key Role for Bitcoin Trust, Other Products From Genesis
3.10.2022
Grayscale Securities, a new broker-deal division, will handle selling shares of the company’s crypto trust products, taking over a function previously provided by fellow Digital Currency Group subsidiary Genesis Global Trading
Genesis director to step down and move into advisory role
28.9.2022
"My line is always open and I can’t wait to continue building and learning with all of you," says Ballensweig