Browsing Tag
Genesis
37 posts
Genesis Owes its Creditors More Than $3 Billion, Says Report
Genesis has been going through a tough time; recently Cameron Winklevoss accused the organization of defrauding Gemini and…
Gemini Co-Founder Says Platform was Defrauded by Genesis
In an open letter issued to the Digital Currency Group (DCG), Gemini co-founder Cameron Winklevoss has accused cryptocurrency…
DCG Under Scrutiny Over Internal Transfer, Faces Investigation
According to the latest reports from Bloomberg, Digital Currency Group (DCG) is under scrutiny for its internal financial…
Digital Currency Group shuts down Wealth Management Division with AUM $3.5B
While 2022 ended with immense chatter around FTX, 2023 started with increased discussions around Digital Currency Group [DCG].…
Crypto Lender Genesis Cuts Down its Staff by 30%
According to the latest details from a spokesperson from Genesis Global Trading, the company cut down its workforce…
Genesis CEO Derar Islim Addressed That Solution Requires Additional Time
Genesis Global Capital [GGC], Genesis Trading’s lending division, began halting redemptions in November. The business then applied for…
Should Bitcoin, Ethereum Investors Fret Over The Grayscale-DCG-Genesis Saga?
The collapse of Sam Bankman-Fried’s crypto empire impacted several divisions of the crypto ecosystem. The retrospective liquidity crunch…
Satoshi Nakamoto Mined the 1st Bitcoin Block 14 Years Ago
At press time, the market cap of the entire crypto-verse is $807.63 billion. This billion-dollar [formerly trillion-dollar] industry…
Gemini Clients File For Class Action Against Genesis, DCG
With every passing day, Genesis’ wounds are getting deeper. In November, Genesis Global Capital [GGC], the lending business…
DCG has a $350M Loan If Crypto Lender Genesis Goes Bankrupt
Crypto lender Genesis is in the midst of figuring out ways to avoid bankruptcy. Towards the end of…