26 results for 'genesis'

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Articles (25)

Easy
Crypto News
Bankrupt Crypto Lender Genesis Sells 36 Million GBTC Shares To Acquire BTC and Settle Debts
Genesis, a bankrupt cryptocurrency lending firm, has reportedly sold 36 million shares of the Grayscale Bitcoin Trust (GBTC).
By Hope C
1mo ago
1m
Easy
Crypto News
Bankruptcy Judge Allows Genesis To Liquidate $1.3B Worth of GBTC Stock
A New York bankruptcy judge has granted Genesis Global Holdco permission to liquidate roughly $1.3 billion worth of Grayscale Bitcoin Trust (GBTC) shares to compensate investors.
By Hope C
3mo ago
1m
Easy
Crypto News
Dymension Announces “Genesis Rolldrop,” Ethereum, Solana, Cosmos Users Can Claim DYM Tokens
Dymension, a layer-1 blockchain built on Cosmos, has announced a "genesis rolldrop" of its DYM token to more than a million crypto users across various chains and projects.
By Hope C
4mo ago
2m
Easy
Crypto News
Gemini Sues Genesis Over Ownership of $1.6B in Grayscale Bitcoin Trust Shares
Gemini, a cryptocurrency exchange based in New York, has filed a lawsuit against digital asset lender Genesis over the ownership of $1.6 billion in Grayscale Bitcoin Trust (GBTC) shares.
By Hope C
6mo ago
1m
Easy
Crypto News
Modular Data Availability Network Celestia Announces Genesis Airdrop
Celestia has announced plans to allocate 6% of its native TIA tokens, roughly 60 million, to ecosystem users and developers in an airdrop marking the project's genesis.
By Hope C
7mo ago
1m
Easy
Crypto News
Genesis Will Stop Offering Crypto Trading Services
Genesis, a subsidiary of Digital Currency Group (DCG), has chosen to stop trading cryptocurrency spot and futures through its British Virgin Islands branch.
By Hope C
8mo ago
2m
Easy
Crypto News
DCG and Genesis Reached In-Principle Agreement on Creditors’ Claims
According to a document filed with the US bankruptcy court in the Southern District of New York, Digital Currency Group and Genesis Global's creditors have reached an in-principle agreement.
By Hope C
8mo ago
1m
Easy
Crypto Basics
Part 2: Bitcoin's Genesis - Exploring Craig Wright's Alleged Role as Satoshi Nakamoto
In part two of this series, we explore Craig Wright's ATO investigations, outing as Satoshi by Wired and Gizmodo, and how the crypto world reacted.
By Will Kendall
10mo ago
38m
Easy
Crypto News
Gemini and Genesis Seek Dismissal of SEC Lawsuit
Crypto lender Genesis Global Capital and crypto exchange Gemini have filed a motion to dismiss a lawsuit by the U.S. Securities and Exchange Commission (SEC)
By Kyle Torpey
11mo ago
1m
Easy
Crypto News
Digital Currency Group Misses $630 Million Payment to Genesis
Digital Currency Group (DCG) faced a setback when it failed to make a $630 million payment owed to Genesis last week.
By Kyle Torpey
1yr ago
2m
Easy
Crypto News
Bankrupt Crypto Lender Genesis, Sister Firm To Be Sold
If Genesis Global Capital and Genesis Global Trading cannot be sold for a high enough price, the creditors could find themselves in possession of stock in the two firms.
By Leo Jakobson
1yr ago
2m
Easy
Crypto News
Breakthrough at Genesis — Creditors Could Get Up to 80% of Their Funds Back
The 340,000 Gemini Earn clients with funds frozen on the bankrupt Genesis platform will share another $100 million from the exchange.
By Leo Jakobson
1yr ago
3m
Easy
Crypto News
Genesis Slapped With Securities Fraud Class Action Lawsuit
The action claims that Genesis' crypto earn products were actually unregistered securities, a position shared by the U.S. Securities and Exchange Commission.
By Leo Jakobson
1yr ago
2m
Easy
Crypto News
Podcast: Bitcoin Barely Blinks as Genesis Goes Bust
Looking at today's price action, it seems like Genesis's bankruptcy was priced in.
By Connor Sephton
1yr ago
1m
Easy
Crypto News
BREAKING: Genesis Files for Bankruptcy
As contagion spread through the industry, Genesis was left in dire financial straits and had to suspend withdrawals last November.
By Connor Sephton
1yr ago
2m
Easy
Crypto News
Podcast: After Multiple Body Blows, Genesis on the Brink of Collapse
Also today, BItcoin's winning streak is over — but altcoins are nursing bigger losses.
By Connor Sephton
1yr ago
1m
Easy
Crypto News
Crisis at DCG: Genesis Could File for Bankruptcy This Week, as CoinDesk Explores Sale
Not only was Genesis badly burned by the demise of Three Arrows Capital, but it has now been frozen out of $175 million after FTX collapsed too.
By Connor Sephton
1yr ago
2m
Easy
Crypto News
In Yet Another Blow, Genesis and Gemini Sued By SEC
The Securities and Exchange Commission filed a lawsuit claiming the Gemini Earn Program was an unregistered securities sale days after Gemini accused Genesis of fraud.
By Leo Jakobson
1yr ago
3m