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DCG
Genesis’ Crypto Lending Businesses File for Bankruptcy Protection
Genesis Global Holdco LLC, the holding company of troubled cryptocurrency lender Genesis Global Capital, filed for Chapter 11 bankruptcy protection in New York after being pummeled by two of 2022's biggest industry collapses. CoinDesk News Desk Managing Editor Danny Nelson discusses what we know so far. DCG is the parent company of CoinDesk and Genesis.
Inaangkin ng Genesis ang $5.1B sa Mga Pananagutan sa Unang Araw na Paghahain ng Pagkalugi
Tatlo sa mga entity ng institutional Crypto brokerage ang nag-file para sa proteksyon ng Kabanata 11 noong huling bahagi ng Huwebes.
Legal Expert on Genesis' Crypto Lending Unit Filing For Bankruptcy
Wilk Auslander LLP Partner Eric Snyder discusses the legal and industry implications of Genesis Global Holdco LLC, the holding company of crypto lender Genesis Global Capital, filing for Chapter 11 bankruptcy protection. He also weighs in on Gemini CEO Cameron Winklevoss threatening to sue DCG CEO Barry Silbert over the repayment of a $900 million loan. DCG is the parent company of CoinDesk and Genesis.
Ang Cameron Winklevoss ni Gemini ay Nagbabanta sa Legal na Aksyon Laban sa CEO ng DCG Pagkatapos ng Paghahain ng Pagkabangkarote sa Genesis
Ang exchange CEO ay nasangkot sa isang linggong pampublikong pagtatalo sa DCG sa pagbabayad ng isang $900 milyon na loan.
File ng Genesis' Crypto Lending Businesses para sa Proteksyon sa Pagkalugi
Ang pagbagsak ng FTX noong huling bahagi ng 2022 ay ang huling straw para sa Genesis, na noong unang bahagi ng taong iyon ay naiulat na nawalan ng ilang daang milyong dolyar dahil sa pagkakalantad nito sa nabigong Crypto hedge fund na Three Arrows Capital.
New FTX CEO Trying to 'Clear the Wreckage' After Crypto Exchange Collapse: Lumida CEO
New FTX CEO John J. Ray III is exploring the possibility of restarting the bankrupt crypto exchange, according to an interview with the Wall Street Journal. Lumida CEO and co-founder Ram Ahluwalia discusses the possibilities of FTX's comeback and Genesis Global Capital's reported bankruptcy concerns. Plus, why he thinks a key idea about securities law "is being lost" in the Gemini and Genesis debate. DCG owns Genesis and CoinDesk.
Ang Co-Founder ng Crypto Exchange Luno ay Umalis noong Disyembre
Nagsilbi rin si Timothy Stranex bilang punong opisyal ng Technology ng kumpanya.
First Mover Americas: BTC, ETH Drop Amid Genesis Bankruptcy Reports
Ang pinakabagong mga paggalaw ng presyo sa mga Crypto Markets sa konteksto para sa Ene. 19, 2023.
Bitcoin Falls From Multi-Month High, Crypto-Related Stocks Pull Back
Earlier Wednesday, bitcoin (BTC) reached its highest point before the FTX collapse. Brad Keoun, CoinDesk Managing Editor of Tech and Protocols, discusses the latest price movement for the largest cryptocurrency by market capitalization, as Bloomberg reports Genesis is in confidential negotiations with various creditor groups, with the company warning it could seek bankruptcy protection if it fails to raise capital. Keoun also weighs in on Grayscale Bitcoin Trust discount narrowing. DCG is the parent company of Grayscale, CoinDesk, and Genesis.
Bitcoin Slips Below $21K After Surging to Four-Month High
Just hours after surging to a four-month high, bitcoin (BTC) is back below the $21,000 threshold. This comes as Genesis Global Capital is laying the groundwork for a bankruptcy filing, according to multiple reports. "All About Bitcoin" host Lawrence Lewitinn breaks down the Chart of the Day. DCG is the parent company of CoinDesk and Genesis.