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3232Report: Genesis Global Trading’s Lending Unit Suspends Withdrawals and New Loan Originations
https://www.digit.info/report-genesis-global-tradings-lending-unit-suspends-withdrawals-and-new-loan-originations/
Wed, 16 Nov 2022 15:30:09 +0000https://www.digit.info/2022/11/16/report-genesis-global-tradings-lending-unit-suspends-withdrawals-and-new-loan-originations/Read more]]>Following Blockfi, Liquid Global, and Salt Lending halting withdrawals, reports indicate that Genesis Global Trading’s lending unit has halted customer withdrawals. Genesis’ interim chief executive officer Derar Islim said that the company’s trading and custody units were still operational. DCG-Owned Genesis Halts Lending Unit’s Redemptions and New Loans On Nov. 16, 2022, Coindesk reporter Nelson […]
]]>2 More Crypto Platforms Pause Withdrawals as Liquid Global and Salt Lending Cite Exposure to FTX
https://www.digit.info/2-more-crypto-platforms-pause-withdrawals-as-liquid-global-and-salt-lending-cite-exposure-to-ftx/
Tue, 15 Nov 2022 19:30:20 +0000https://www.digit.info/2022/11/15/2-more-crypto-platforms-pause-withdrawals-as-liquid-global-and-salt-lending-cite-exposure-to-ftx/Read more]]>On Nov. 15, 2022, the crypto exchange Liquid Global revealed that it has suspended fiat and crypto withdrawals “until further notice.” The same day, customers leveraging the crypto lending platform Salt were also informed that Salt has paused withdrawals and deposits. Furthermore, the crypto lender Blockfi is reportedly in the process of filing for Chapter […]
Following Blockfi, Liquid Global, and Salt Lending halting withdrawals, reports indicate that Genesis Global Trading’s lending unit has halted customer withdrawals. Genesis’ interim chief executive officer Derar Islim said that the company’s trading and custody units were still operational. DCG-Owned Genesis Halts Lending Unit’s Redemptions and New Loans On Nov. 16, 2022, Coindesk reporter Nelson […]
On Nov. 15, 2022, the crypto exchange Liquid Global revealed that it has suspended fiat and crypto withdrawals “until further notice.” The same day, customers leveraging the crypto lending platform Salt were also informed that Salt has paused withdrawals and deposits. Furthermore, the crypto lender Blockfi is reportedly in the process of filing for Chapter […]