Genesis
Lyn Alden on Crypto Industry Outlook After FTX Collapse
Lyn Alden, founder of Lyn Alden Investment Strategy and member of Swan Bitcoin's Board of Directors, discusses her crypto markets outlook as the fallout from FTX continues to ripple through the industry. "I wouldn't be surprised if another shoe [like Genesis] were to drop," Alden said.
Genesis Creditor Groups' Loans Amount to $1.8B and Counting: Sources
Customers whose money is locked up on trading and lending platform Genesis and who have taken legal advice on the matter currently account for some $1.8 billion of loans, according to a CoinDesk source familiar with the situation. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the details. Genesis and CoinDesk are both owned by the Digital Currency Group.
First Mover Americas: Axie Infinity's Token Takes Off
The latest price moves in crypto markets in context for Dec. 5, 2022.
Genesis Creditor Groups' Loans Amount to $1.8B and Counting: Sources
In addition to the previously reported group of Gemini customers owed $900 million, there are two other groups of Genesis creditors being represented by lawyers, CoinDesk has learned.
Genesis Creditors Hire Lawyers to Find Ways to Prevent Crypto Brokerage's Bankruptcy: Bloomberg
Genesis is in talks with creditors and potential investors, the report said.
Grayscale's Bitcoin Trust Shares Continue to Trade at a Discount
Bernstein Managing Director of Global Digital Assets Gautam Chhugani unpacks the outlook for Genesis and Grayscale's GBTC, amid the ongoing contagion concerns from the fallout of FTX. Grayscale Investments, which manages GBTC, Genesis and CoinDesk are owned by Digital Currency Group.
First Mover Americas: Binance Increases Recovery Fund, wBTC Loses Its Peg
The latest price moves in crypto markets in context for Nov. 25, 2022.
First Mover Americas: Binance.US to Bid for Voyager
The latest price moves in crypto markets in context for Nov. 24, 2022.
Genesis Global Capital Confirms Hiring Investment Bank Moelis, Talks With Potential Investors
The crypto lender also started talks with its largest creditors and borrowers, including Gemini and parent company DCG, to agree on a solution.
