Genesis
Crypto Lender Genesis Lays Off 30% More of Its Staff
The job cuts come a day after the company said it would be “reducing costs and driving efficiencies” amid a challenging environment for crypto companies.
CEO del bróker de criptomonedas Genesis dice a sus clientes que necesita más tiempo para arreglar las finanzas
La compañía canceló los retiros en noviembre tras el colapso de FTX.
Crypto Broker Genesis' CEO Tells Clients It Needs More Time to Sort Out Finances
Genesis halted withdrawals in November in aftermath of FTX's collapse.
Bitcoin Trading Flat Below $17K on Its 14th Birthday
Bitcoin (BTC) is trading around $16,600 as Gemini co-founder accused Digital Currency Group CEO Barry Silbert of “bad faith stall tactics.” Silbert responded, saying his firm submitted a proposal to Genesis and Gemini’s advisers last Thursday. DCG is the parent company of CoinDesk. Sean Farrell, Global Advisors Head of Digital Asset Strategy at research firm Fundstrat, shares his crypto markets analysis.
First Mover Americas: Legal Troubles Brewing at Digital Currency Group
The latest price moves in crypto markets in context for Jan. 3, 2023.
Genesis-DCG Loan Leads to Class-Action Arbitration Case From Gemini Clients
Claimants allege in a filing that Genesis breached its Master Agreement when it became insolvent in the summer of 2022, while hiding its insolvency from lenders like Gemini.
Gemini Co-Founder Accuses DCG’s Silbert of 'Bad Faith' Stalling in $900M Locked Funds Dispute
Silbert responded, saying his firm submitted a proposal to Genesis’ and Gemini’s advisers last Thursday.
Crypto Exchange Gemini Sued by Investors Over Interest-Earning Program
The platform abruptly halted its Gemini Earn program in November, "effectively wiping out" investors who still had holdings, according to a court filing.
Gemini Co-Founder Says Genesis, DCG Creditors Present Plan to Resolve Liquidity Issues
A creditor committee that includes crypto exchange Gemini has presented a plan to Genesis and Digital Currency Group (DCG) to "provide a path for the recovery of assets," Gemini co-founder Cameron Winklevoss said in a tweet. "The Hash" panel discusses the potential outcomes. Genesis and CoinDesk are owned by parent company Digital Currency Group.
