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Genesis Trading Buys Crypto Custodian Vo1t in Bid to Become Prime Broker
21.5.2020
Digital currency trader and lender Genesis Global Trading is moving toward full-service prime brokerage with the acquisition of crypto custodian Vo1t
Bitcoin Hashrate Drops 30% — A Bullish Sign, Say Insiders
14.5.2020
A 30% drop in hashrate was predicted by industry insiders, who believe it to be bullish for Bitcoin
Ledn Launches USDC Stablecoin Savings Accounts With Focus on Latin America
14.5.2020
Ledn is now offering USDC stablecoin savings accounts through a partnership with the crypto lending and trading conglomerate Genesis
Canadian Firm Hut 8 Reports Bitcoin Mined in Q1 Declined 54% Due to Price Volatility
13.5.2020
On Monday, Hut 8 Mining reported that first-quarter revenue rose 5% to $9 million from $8.59 million a year ago after the amount of bitcoin (BTC) extracted plunged sharply. Quarter-on-quarter, revenue fell 14%. For the three months to March 31, 2020, the Canadian bitcoin firm said it mined 1,116...
Genesis Mining’s Marco Streng: 'You Can't Just Switch Miners On and Off'
11.5.2020
The Cointelegraph Bitcoin Halving live party continues with a deep dive into how the mining industry is affected by the sudden, but very predictable revenue shock
Wanchain Partners with Band Protocol as Official Genesis Validator
9.5.2020
Multi-blockchain open finance platform Wanchain has partnered with Band Protocol, a cross-chain data oracle network focused on Web 3.0, as the official genesis validator. In the official tweet, Wanchain stated that the partnership would allow them to strengthen their capabilities to bring off-chain...
Bitcoin Lender Genesis Global Issues $2 Billion in Loans During Record Quarter
30.4.2020
Genesis Global Trading has reported a 100% jump in new loan originations in the first quarter. The cryptocurrency lender and trading platform added a record $2 billion in new loans in the three months leading to March 2020, up $1 billion from the previous quarter. BTC accounted for 44.8% of...
Genesis CEO Details ‘Black Thursday’ Chaos in Q1 Lending Report
30.4.2020
Crypto lender Genesis Capital increased its loan book to $649 million during a tumultuous Q1 marked by wild fluctuations in the price of bitcoin
Bitcoin’s Third Halving: Survey Shows 50% of Miners Expect a Price Increase
10.4.2020
The block reward halving for BTC is 32 days away and crypto businesses and mining operations are steadily preparing for the event. Today, Bitcoin’s hashrate is hovering just above 100 exahash per second (EH/s) and one year after the 2016 halving, the digital asset’s price and hashrate...
Bitcoin Going Industrial: New York-Based Natural Gas Provider Sells Fully Compliant ‘Hashpower Contract’
10.4.2020
During the first week of March, news.Bitcoin.com reported on a $65 million investment into the ‘behind-the-meter’ bitcoin mining operation, Greenidge Generation LLC in Dresden, New York. The Greenidge plant operates 7,000 bitcoin miners and on April 8, the firm revealed the sale of...
Genesis Mining- A Revolutionary, Secure, and Transparent Cloud Mining Platform
29.3.2020
Founded in 2013, Genesis Mining takes pride in being one of the oldest cloud mining firms reigning in the industry. A cloud mining platform is one that rents out mining hardware to the customers as well as mine for them in lieu of the share in the profits. These entities are quite effective...
Genesis Mining: If Economic Crisis Deepens Bitcoin Will Shine as the New Gold
21.3.2020
Philip Salter, head of operations at Genesis Mining, believes thatBitcoin will finally become the new gold in face of economic meltdown
$100M+ in Margin Calls: Crypto Lenders Demand Collateral as Market Buckles
14.3.2020
“As of five minutes ago, everyone who needed to post collateral has,” Genesis CEO Michael Moro said Friday afternoon
Genesis Mining Rejects $3.1 Million Suit From Former Contractor
10.3.2020
Digital Capital claims that Genesis owes it more than $3.1 million in unpaid invoices, while Genesis is seeking to recoup all funds paid to the firm during their failed partnership
Tron Community in Uproar as Genesis Coins Used in Super Reps Vote
19.2.2020
Tron (TRX) rocked by controversy after the coin’s origin address was used to vote in self-serving Super Representatives
HitBTC Exchange Executes Bitcoin SV Genesis Hardfork Upgrade
5.2.2020
The well-known and highly acclaimed cryptocurrency exchange trading platform, HitBTC, has announced that it has successfully supported the strategically important crypto event, the Bitcoin SV Genesis Hardfork Upgrade. Post the upgrade, all the prior versions of the Bitcoin SV node software will...
Bitcoin SV Sees Minor Split as Blockchain Shifts to ‘Genesis’ Upgrade
4.2.2020
The upgrade saw a minor split as an unknown entity mined a block on the old chain, team says
Bitcoin SV Genesis Upgrade Results in Chain Split
4.2.2020
A Bitcoin SV network upgrade has not gone flawlessly, with a minor chain split being observed
Genesis Crypto Lending Firm Hits New Record in Loan Originations in Q4 2019
31.1.2020
Cryptocurrency lending firm Genesis closed the fourth quarter of 2019 with a historic high in loan originations
Compared to Traditional Banks, Crypto Lenders See Booming Growth
30.1.2020
A lukewarm U.S. economy is making big banks like JPMorgan Chase struggle to produce fast loan growth - even with interest rates close to historic lows. Yet, in the white-hot cryptocurrency industry, lenders are burgeoning