News

Genesis Global Is FTX’s Largest Unsecured Creditor With Over $200 Million

Key Points: Genesis Global Capital has become the largest unsecured creditor of FTX.com and its affiliates, with bonds totalling 226.3…

2 years ago

Genesis Has Stated Their Intention To Emerge From Bankruptcy By May 19

Key Points: According to bankruptcy court records, Genesis, which has the support of Barry Silbert's Digital Currency Group, plans to…

2 years ago

DCG Owes More Than $1.65 Billion To Its Subsidiary Genesis Global

Key Points: DCG owes Genesis $575 million in a loan due in May of this year, as well as a…

2 years ago

Bybit CEO Clarifies Company Unaffected By Genesis Crisis

Key Points: Bybit co-founder and CEO Ben Zhou said that Mirana is the investment arm of Bybit, but it only…

2 years ago

Brett Harrison Raised $5 Million From Coinbase, Circle For New Crypto Company

Key Points: Former FTX.US President Brett Harrison has secured $5 million from investors, including Coinbase Ventures and Circle Ventures, for…

2 years ago

Marsbit Willing To Organize Well-known Funds To Cooperate To Buy Back CoinDesk

Key Points: The founder of Marsbit stated that the company is open to partnering with other companies to acquire CoinDesk.…

2 years ago

Cameron Winklevoss Threatened To Sue Against DCG CEO After Genesis Filed For Bankruptcy

Key Points: Unless Barry Silbert and DCG “come to their senses and make a fair offer to creditors," Cameron Winklevoss…

2 years ago

Genesis Global Filed For Chapter 11 Bankruptcy Protection

Key Points: Genesis Global filed for Chapter 11 bankruptcy protection in New York federal district court. Genesis Global Holdco, LLC…

2 years ago

Crypto Lender Nexo Pays $45 Million Fine For Not Registering EIP

Key Points: Nexo was accused by the SEC of failing to register the offer and sale of its EIP. The…

2 years ago

Stablecoins And CBDCs Might Play “Meaningful Role” In Payments

Key Points: The chief executive of credit card giant Visa is still convinced that blockchain-powered solutions can be included into…

2 years ago

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