WebJan 20, 2024 · Crypto lending firm Genesis Global Capital filed for bankruptcy late on Thursday, two months after halting customer withdrawals.. Why it matters: Crypto contagion continues to take down high-profile companies in the sector, with Genesis’s bankruptcy following in the footsteps of Voyager Digital, Celsius and FTX. Driving the news: Genesis … WebNov 16, 2024 · Cryptocurrency exchange Genesis on Wednesday suspended withdrawals within its lending unit and blamed the recent collapse of exchange FTX for spurring a spike in withdrawal requests that...
Genesis, a Crypto Lending Firm, Files for Bankruptcy
WebApr 11, 2024 · The average blockchain tech deal size fell from $21.2 million in 2024 to $16.2 million in 2024. This was driven by a sharp drop in $100 million+ megarounds throughout … Web2 days ago · January opened with two antagonistic open letters penned by the Winklevoss twins that accused DCG’s Barry Silbert of negotiating in bad faith and even called for his removal. By the end of the month, the feud seemingly subsided as Genesis filed for bankruptcy and Gemini and DCG made a preliminary agreement on how to handle the … tsco ticker
Gemini Takes First Steps to Comply With New Crypto …
WebJan 20, 2024 · According to its bankruptcy filing, Genesis’ lending unit said it had both assets and liabilities in the range of $1 billion to $10 billion and had over 100,000 creditors. The firm said it had ... WebJan 20, 2024 · Genesis had a $2.5 billion exposure to Alameda, though that position was closed out in August. After FTX’s bankruptcy in November, Genesis said that about $175 … WebJan 20, 2024 · LONDON, Jan 20 (Reuters) - The lending unit of U.S. crypto firm Genesis filed for U.S. bankruptcy protection on Thursday, the latest company toppled by a market rout last year that wiped... phillywomens