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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 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 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...
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...
Gemini Opposes Genesis Bankruptcy Plan: 'Woefully Light on Specifics'
30.8.2023
Attorneys for crypto exchange Gemini argued that a proposed resolution for Genesis' bankruptcy doesn't have enough detail or provide any assurances for some if its largest debtors in a new filing Wednesday
You Should Give This Armored Core-Like Switch Game Another Look
30.8.2023
FromSoftware’s Armored Core VI: Fires of Rubicon might be one of the most beautiful and exhilarating mech games to have come out in years, but it’s not the only one you could be playing right now. Because a few years ago, the Nintendo Switch got Daemon X Machina, a spiritual successor to the then...
Genesis Lender Group Opposes ‘Wholly Insufficient’ DCG Deal
30.8.2023
Creditors with $2.4 billion in claims against the bankrupt crypto lender could scupper an agreement made after months of wrangling
Today in Crypto: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders It to Compensate Investors, LimeWire Launches 'World's 1st Blockchain-Based AI Creator Studio on Polygon'
29.8.2023
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: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders...
DCG Reaches Preliminary Agreement with Genesis Creditors, Offering Potential 70%-90% Recovery
29.8.2023
Digital Currency Group has reached a preliminary agreement with Genesis creditors to settle the claims by reimbursing 70-90% in USD equivalent to unsecured creditors.
As per a court filing, the in-principle deal reached with Genesis creditors offers up to 65%- 90% recovery on an in-kind basis...
DCG Reaches Crucial In-Principle Deal With Genesis Creditors, Recoveries Could Be Up to 90%
29.8.2023
Digital Currency Group (DCG) and Genesis creditors have reached a deal in principle to resolve the claims in the Genesis Capital Chapter 11 cases, according to a court filing on Tuesday
ZTX to Launch Genesis Home Mint with OpenSea and Reward Presale Contributors
25.8.2023
Following a successful presale, a prominent South Korean metaverse initiative, ZepetoX ZTX, has announced the launch of its highly anticipated ZTX Genesis Home Mint in partnership with OpenSea....
Read More: ZTX to Launch Genesis Home Mint with OpenSea and Reward Presale Contributors
Gemini Challenges SEC Lawsuit on Lending Program, Pushes for Oral Hearing
21.8.2023
Lawyers for cryptocurrency exchange Gemini have filed a motion seeking to dismiss a lawsuit brought against it by the U.S. Securities and Exchange Commission (SEC) over its Gemini Earn lending program. In the motion, Gemini argues the SEC has failed to plausibly allege that any securities laws were...
FTX Seeks $176 Million Settlement with Genesis Entities Amid Legal Dispute
18.8.2023
According to a legal filing on August 16, FTX, the bankrupted cryptocurrency exchange, and its CEO, John J. Ray III, have submitted a motion to settle with Genesis entities for $176 million.
With motion hearing scheduled for September 9, FTX Trading and related debtors have formally requested...
Genesis, FTX Strike Deal for $175M Bankruptcy Claim
17.8.2023
Lawyers are trying to untie a complex financial web among companies that went under in the crypto winter
DCG and Barry Silbert Seek Dismissal of Lawsuit by Gemini Trust Company Over Alleged Misrepresentations
11.8.2023
Digital Currency Group (DCG) has filed a motion to dismiss Gemini's lawsuit, claiming fraud by the company and its founder, Barry Silbert, through DCG's subsidiary, Genesis, which held funds for Gemini's Earn program.
On July 7, Gemini and its founders, Cameron, and Tyler Winklevoss, filed...