2023-2-11 01:22 |
Parent company Digital Currency Group would turn its equity in Genesis Global Trading over to a holding company as part of an effort to sell both firms.
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US-based cryptocurrency exchange Gemini – founded by twin brothers Cameron Winklevoss and Tyler Winklevoss – is embroiled in a fresh tussle with Genesis Capital’s parent company DCG after the crypto lender (Genesis) filed for bankruptcy protection.
2023-1-30 22:18 | |
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It is understood Moelis & Company has been brought on to help the troubled lending firm explore all possible options.
2022-11-23 06:19 | |
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Genesis has hired global investment bank - Moelis & Company to explore all possible options including bankruptcy DCG's CEO Barry Silbert revealed that the parent company owes Genesis $575 mThe post Genesis onboards financial advisors as it explores 'all possible options' appeared first on AMBCrypto.
2022-11-23 00:30 | |
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Separately, the CEO of Genesis' parent company disclosed that it had a roughly $575 million liability to Genesis.
2022-11-23 23:03 | |
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Crypto brokerage Genesis failed to raise funds and is potentially facing bankruptcy without additional funding, Bloomberg reported November 21. The post Genesis fails to raise funds as FTX contagion weighs on DCG-owned company appeared first on CryptoSlate.
2022-11-22 02:13 | |
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If Genesis is forced to file for bankruptcy, creditors will have no claim on GBTC assets, the report said.
2022-11-22 19:30 | |
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Following the recent collapse of FTX, the fallout spread to Genesis, which had already been bailed out by parent company Digital Currency Group (DCG) earlier this year following the failure of Three Arrows Capital.
2022-11-20 16:00 | |
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Genesis Block, a famous crypto retail services company in Hong Kong, announced that it had stopped trading as the effects of the implosion of FTX and liquidity problems at other significant cryptocurrency enterprises are still shaking the sector. Genesis Block…
2022-11-18 22:15 | |
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The Hong Kong-based company was once Asia’s largest Bitcoin ATM player.
2022-11-18 15:26 | |
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Bakkt Holdings has revealed that it has no exposure to FTX, FTT, Alameda, Genesis, or companies that have halted activities due to the ongoing contagion in the crypto markets. The company made this known in a press release on November…
2022-11-18 21:00 | |
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The crypto-lending platform has assured customers that their funds are safe after Genesis’ Crypto-Lending Unit Halted Customer Withdrawals in the wake of the FTX Collapse. The company made this announcement on Twitter on November 16, 2022. Nexo says funds are…
2022-11-17 22:45 | |
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Grayscale said that "Genesis Global Capital is not a counterparty or service provider for any Grayscale product."
2022-11-16 18:55 | |
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Genesis Global Capital, the lending arm of digital assets platform Genesis Trading, has halted all redemptions as well as loan originations, parent company Digital Currency Group announced on Wednesday morning.
2022-11-17 17:46 | |
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According to the company, this will bolster its position as a global leader in crypto capital markets.
2022-11-12 01:00 | |
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Amberdata, a provider of digital asset data to financial institutions, has acquired Genesis Volatility, a crypto options analytics firm.
2022-10-26 18:37 | |
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Michael Patchen joined the company only this past summer.
2022-10-21 21:44 | |
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Grayscale Securities, a new broker-deal division, will handle selling shares of the company’s crypto trust products, taking over a function previously provided by fellow Digital Currency Group subsidiary Genesis Global Trading.
2022-10-4 15:30 | |
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Steve Wozniak’s blockchain company has announced the public sale of its genesis non-fungible tokens.… The post Steve Wozniak EFFORCE launches public sale of its first NFTs appeared first on CoinJournal.
2022-9-21 17:07 | |
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New web3 venture, Polarys has announced the launch of its Genesis NFT collection. This is coming as the company launched its innovative multi-chain minting engine. The first NFT collection will be minted and sold until August 31, 2022, after which all unsold NFTs will be burned.
2022-8-24 23:00 | |
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Genesis CEO Michael Moro has stepped down, with Chief Operating Officer Derar Islim elevated to interim Chief Executive Officer, the New York-based crypto broker announced on Wednesday. The company says it has commenced efforts to bring on board a full-time replacement.
2022-8-18 20:22 | |
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Michael Moro, the CEO of crypto broker Genesis has quit as the company cuts 20% of jobs.
2022-8-18 16:23 | |
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The bankrupt 3AC owes $3. 5 billion to dozens of investors, as stated in a court paper. The Genesis OTC platform was the largest company creditor — $2. 36 billion. Interestingly, another major bankrupt company Voyager Digital is next on the list – $685 million.
2022-7-20 18:35 | |
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In a court filing in Singapore, 3AC's liquidators seek to slow down an expected onslaught of suits while they figure out the company’s complex financial dealings.
2022-7-19 00:44 | |
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Genesis's parent company, Digital Currency Group, has assumed some of Genesis' liabilities in the case.
2022-7-19 20:06 | |
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Genesis Trading soldiers on after confirming 3AC exposure, while parent company Digital Currency Group assumes a portion of liability after losses.
2022-7-8 13:28 | |
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British luxury car manufacturer Bentley Motors Limited is dipping its toes into the Web3 ecosystem with the launch of a non-fungible token (NFT) collection on Ethereum scaling platform Polygon, the company announced today.
2022-6-24 10:15 | |
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eBay, a prominent E-commerce connecting millions of sellers and buyers across the world, has… The post eBay partners with OneOf company to launch the first ‘’Genesis’’ NFT collection appeared first on Coin Journal.
2022-5-24 20:23 | |
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In December 2021, Nike announced its acquisition of the digital NFT creation company known as RTFKT. Then in April 2022, we received our first launch of the sneaker NFT from Nike, known as the Nike Dunk Genesis Cryptokicks.
2022-5-12 04:47 | |
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Los Angeles-based Genies raised $150 million in the latest funding round to hit a valuation of $1 billion, establishing Genies as a unicorn startup. Genies: The Genesis Genies is one of the world’s leading startups in digital avatar technology, and the Los-Angeles based company is shaping the leading edge of Metaverse by empowering individuals to […] The post Genies company raises $150 million to become a Unicorn appeared first on NFT News Today.
2022-4-14 12:16 | |
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Genesis collection launch offers 1,326 unique NFTs represented bythe number of possible starting hand combinations in Texas hold’em LAS VEGAS, April 12, 2022 — NFT Stadium, a fan-first full-service NFT development agency and marketplace, announced today that the company is teaming up with PokerGO®, the world’s largest poker content company, to launch the brand’s genesis NFT collection.
2022-4-13 22:35 | |
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The company said its "Genesis Edition" will have a limited supply of 10,000 devices available for pre-order.
2022-3-9 23:15 | |
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EverdreamSoft, the crypto games and digital collectables company behind the first mobile blockchain game Spells of Genesis, announced in a press release the sale of exclusive Premium LAND around the Everdream Soft Estate.
2022-2-5 18:16 | |
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American digital currency prime brokerage Genesis released its Q4 2021 Market Observations Report, which provides detail on the company’s results and market indicators over the past quarter and the whole year of 2021.
2022-1-29 20:35 | |
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Genesis, a digital asset industry pioneer and digital currency prime brokerage, today released its Q4 2021 Market Observations Report, which provides detail on the company’s...
2022-1-28 06:56 | |
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Who would believe that a company established in 1885 would get into the blockchain space? The playing cards manufacturer Bicycle has launched its first NFT collection named “Genesis Collection” on the NFT marketplace Kolectiv on December 9th.
2021-12-14 02:30 | |
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Pat Doyle is the co-founder of Pink Swan Trading, the holding company of Genesis Volatility and Degen Data. The former caters for sophisticated options traders while the latter provides analysis of NFT projects.
2021-12-14 00:30 | |
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Crypto lender Genesis reported a record $35. 7 billion in loan organizations for the quarter third of 2021, up 40% from the previous quarter and a growth of 586% year-over-year. In its Q3 report, the company noted the continuous institutionalization of Bitcoin has made it less attractive to more opportunistic traders.
2021-11-5 16:55 | |
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Despite the broader crypto market hitting a speed bump in the last few weeks, the industry is seeing more influx of funds and investors. In a recent announcement, Bitcoin mining company Genesis Digital Assets raised more funds to expand its operations.
2021-9-22 20:09 | |
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North America-based Bitcoin miner Genesis Digital Assets is ramping up its mining capacity. Earlier this week, the company announced the successful purchase of 20,000 mining rigs from Canaan Creative as it looks to continue scaling up its mining activities.
2021-9-1 22:28 | |
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The ASIC bitcoin mining rig manufacturer and chipmaker, Canaan has announced the company has signed a $93.63 million purchase order with the mining firm Genesis Digital Assets. Genesis will be acquiring Canaan’s A1246 Avalonminer rigs that produce 90 terahash per second (TH/s) and deliveries will be shipping during the second half of 2021. Canaan and […]
2021-4-30 23:30 | |
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The company saw a “tremendous” amount of interest from treasury executives, taking positions in bitcoin for the first time. The post Demand to Borrow Bitcoin Declining While Ether sees Significant Increase: Genesis Q1 Report first appeared on BitcoinExchangeGuide.
2021-4-30 16:58 | |
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Bitcoin IRA, the world’s first, largest, and most secure digital asset IRA technology company that allows clients to purchase cryptocurrencies for their retirement accounts, announces...
2021-2-6 07:17 | |
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Hut 8 aims to increase its HODL capacity through this partnership with Genesis that will allow it to pay its expenditure in fiat. The post Bitcoin Mining Company Opens Yield Account to Earn 4% Return on its BTC Holdings first appeared on BitcoinExchangeGuide.
2021-1-9 18:23 | |
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Genesis Block Ventures has just acquired the OMG Network, according to an announcement by the company. The announcement was welcomed excitedly by the DeFi community. Twitter-user ‘macro-diary’ commented on the development by saying the Genesis Block has become an unspoken giant in Asia’s crypto sector.
2020-12-5 15:28 | |
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OMG Network, formerly known as OmiseGo network has been acquired by an investment company based in Hong Kong, Genesis Block. According to the announcement on 3 December, Genesis Block Ventures willThe post Ethereum second-layer scaling solution OMG network acquired by GBV appeared first on AMBCrypto.
2020-12-4 14:00 | |
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Leading institutional crypto mining company Genesis Mining has released the findings of a new study titled the “Perceptions and Understanding of Money 2020.” The objective of...
2020-9-25 15:54 | |
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Global fintech company Circle has partnered with cryptocurrency prime brokerage Genesis. The two will work together to push the adoption of Circle’s USDC stablecoin. As part of the deal, Digital Currency Group (DCG) has invested $25 million in Circle.
2020-8-1 18:20 | |
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The derivatives desk will expand the company’s suite of products as it aims to attract more institutional clients to its newly acquired prime brokerage arm.
2020-5-28 16:00 | |
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Renowned crypto lender Genesis Global Capital has revealed a healthy finish of the first quarter of this year. In its latest quarterly lending report shared with Bitcoin Exchange Guide, the company revealed that it issued approximately $2 billion in new loans in the just concluded first quarter of this year. This was double the amount […]
2020-5-1 17:19 | |
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Semler Scientific, a healthcare-focused medical equipment company, has updated investors on its Bitcoin holdings. It now owns $114 million worth of Bitcoin. Between Nov. 6 and Nov. 15, Semler acquired 215 Bitcoin for $17.
Thumzup Media Corporation, a social media marketing company based in Los Angeles, announced its entry into the crypto space with plans to purchase up to $1 million in Bitcoin. The company, which helps brands pay users to promote them on…
Temasek, a Singaporean investment firm, shows concerns over the potential impact of Donald Trump’s presidential victory on the global economy. According to a Bloomberg report, Temasek’s chief investment officer, Rohit Sipahimalani, argues that while Trump may appeal to markets due…
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