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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.

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Carbonbase CEO on the State of CBDC Use In China

Carbonbase CEO Max Song shares insights into how retail central bank digital currency (CBDC) is being used inside China, among other things, to incentivize green action. Plus, he discusses challenges of a government CBDC.

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Carbonbase CEO on Using Blockchain to Fight Climate Change

Carbonbase CEO Max Song discusses using blockchain to empower enterprises, individuals and communities to offset carbon emissions and create a more sustainable world. Plus, insights on China's potential pivot in the digital asset space.

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Davos 2023 Highlights

Financial leaders around the world are concluding their meetings at the World Economic Forum in Davos, Switzerland on the final day of the annual gathering. Here are some of the highlights from CoinDesk's special coverage, reflecting on the ups and downs of the crypto industry and the path forward.

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Indian Budget Ahead

Crypto industry hopes for tax reductions. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

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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.

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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.

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Latest Sign of Strengthening Momentum in Bitcoin

Bitcoin's 14-day relative strength index (RSI) recently rose past 80 to its highest since 2019 after bitcoin (BTC) touched a two-month high, according to data from Trading View. This comes as Arcane Research considers this a "proper signal of strengthening momentum in BTC since the bull market of 2021." "All About Bitcoin" host Lawrence Lewitinn breaks down "The Chart of The Day."

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Why is Bitcoin Back Above $21K?

GSR Markets co-founder and President Rich Rosenblum joins "All About Bitcoin" to discuss bitcoin's recent performance that drove the price of BTC back above $21,000. Plus, his reaction to JPMorgan Chase CEO Jamie Dimon and Fed Governor Lael Brainard expecting higher interest rates despite signs of cooling inflation.

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CleanSpark Builds Additional Mining Capacity; Could FTX Be Revived?

Bitcoin miner CleanSpark (CLSK) started the construction of 50 megawatts (MW) of infrastructure, which could increase its computing power by 25% to 34%. Separately, FTX new head John J. Ray III, is exploring the possibility of restarting the bankrupt crypto exchange, according to an interview with the Wall Street Journal.

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