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$2.8B Crypto-Focused Lending Firm Genesis Halts Withdrawals Fearing A FTX-Induced Bank Run

Genesis Global Capital, the crypto lending unit for crypto investment bank Genesis Trading has decided to halt withdrawals in the wake of the FTX collapse. On Wednesday morning, Genesis held a 7-minute call with customers informing them that withdrawal requests for Genesis Capital had exceeded their liquidity capital. дальше »

2022-11-17 12:21


Bill Gates Ruthlessly Mocks NFTs as Crypto Market Collapses

Fool Me Once Bill Gates really, really, really hates cryptocurrency. The billionaire Microsoft founder has not been shy about his stance on digital coins in the past, arguing with Dogecoin-pushing rival Elon Musk over the currencies' viability and calling out Bitcoin mining operations for their destructive environmental impact. Now, in the wake of the sudden […] дальше »

2022-6-16 20:59


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Bitcoin price: Analyst points to 16-month range bottom at $28k-$32k

Bitcoin’s slump continued on Monday, with the flagship cryptocurrency suffering a more than 10% dip intraday to fall as low as $30,527. The bleeding with the crypto markets followed last week’s drawdown that had come after losses on Wall Street in the wake of a 50 basis point interest rate hike by the US Federal […] The post Bitcoin price: Analyst points to 16-month range bottom at $28k-$32k appeared first on Invezz. дальше »

2022-5-10 00:34