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Genesis Global – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Sat, 18 May 2024 07:43:06 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Genesis Global – DIGIT INFO https://www.digit.info 32 32 Genesis Global secures court approval for $3B payout https://www.digit.info/genesis-global-secures-court-approval-for-3b-payout/ Sat, 18 May 2024 07:43:06 +0000 https://www.digit.info/2024/05/18/genesis-global-secures-court-approval-for-3b-payout/

According to Judge Lane, any available funds for distribution by Genesis are being exhausted by creditor claims, which take priority over DCG’s equity stake.

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FTX seeks to claw back $4B from Genesis in a battle of the bankrupt https://www.digit.info/ftx-seeks-to-claw-back-4b-from-genesis-in-a-battle-of-the-bankrupt/ Wed, 03 May 2023 23:39:13 +0000 https://www.digit.info/2023/05/03/ftx-seeks-to-claw-back-4b-from-genesis-in-a-battle-of-the-bankrupt/

The bankrupt crypto exchange wants to recoup billions from the bankrupt crypto lender claiming it was “instrumental” to FTX’s “fraudulent” business model.

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Crypto lender Genesis files for bankruptcy https://www.digit.info/crypto-lender-genesis-files-for-bankruptcy/ Fri, 20 Jan 2023 04:45:56 +0000 https://www.digit.info/2023/01/20/crypto-lender-genesis-files-for-bankruptcy/

Crypto lender Genesis Global has become the latest firm to throw in the towel following the collapse of FTX, filing for Chapter 11 bankruptcy protection in New York.

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Gemini and Genesis charged by SEC over unregistered securities https://www.digit.info/gemini-and-genesis-charged-by-sec-over-unregistered-securities/ Thu, 12 Jan 2023 22:16:11 +0000 https://www.digit.info/2023/01/12/gemini-and-genesis-charged-by-sec-over-unregistered-securities/

The charges relate to Gemini’s crypto asset lending program, Gemini Earn, according to a press release from the Securities and Exchange Commission.

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Breaking: Crypto lender Genesis Global halts withdrawals https://www.digit.info/breaking-crypto-lender-genesis-global-halts-withdrawals/ Wed, 16 Nov 2022 14:29:53 +0000 https://www.digit.info/2022/11/16/breaking-crypto-lender-genesis-global-halts-withdrawals/

The troubled firm is also acting as the liquidity provider of Grayscale Bitcoin Investment Trust.

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Market Outlook: After Crypto Prices Tumble, Observers Weigh in on What’s Next https://www.digit.info/market-outlook-after-crypto-prices-tumble-observers-weigh-in-on-whats-next/ Thu, 27 Jun 2019 21:30:56 +0000 https://www.digit.info/2019/06/27/market-outlook-after-crypto-prices-tumble-observers-weigh-in-on-whats-next/ Read more]]>

Market Outlook: After Crypto Prices Tumble Observers Weigh in on What's NextBitcoin and a large number of cryptocurrencies experienced a sharp crash after touching new price highs this year. On June 26, the price of bitcoin core (BTC) dropped from $13,850 to under $11,900 in less than an hour. BTC values against the USD continued to spiral on Thursday, dropping to $10,350 before recovering slightly. With […]

The post Market Outlook: After Crypto Prices Tumble, Observers Weigh in on What’s Next appeared first on Bitcoin News.

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