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Tag: Genesis Trading

Genesis Launches Lawsuit Against DCG to Recover $620M

Genesis Global Holdco LLC, the crypto lender in financial distress that filed for bankruptcy earlier this year, has launched a lawsuit against its parent...

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Nine out of top 10 stablecoins trading below peg as USDC contagion spreads – Tether sole survivor

Ad Nine of the top 10 stablecoins by market cap are trading below their dollar peg as the market reels from the contagion sparked...

AI Crypto Tokens: Is The Bull Run Over?

A slide in cryptocurrencies also sent many AI & Big Data Tokens toward the bloodbath. The Graph, the largest AI token by market...

What is Vertex?

The FTX collapse injected doubt into the very concept of centralized platforms. In contrast, decentralized exchanges offer both transparency and self-custody. But how can...

Embattled Signature Bank Caps SWIFT Access For Binance, Raising Concerns

Advertisement &nbsp &nbsp A recent update by Binance has revealed that Signature Bank, a major SWIFT gateway service provider, will partially terminate access to...

Why Bitcoin Price is Down Today? Here Are The Top Reasons

The crypto market has undergone a predicted correction following a three-week rally, with total market capitalization declining by 3% in the past 24 hours....

Top tech startup news for Friday, January 20, 2023: Chord, CNET, Fanatics, FTX, Genesis, Google, and WTF

Good evening and happy Friday! Below are some of the top tech startup news stories for Friday, January 20, 2023. Feds seize about $700 million...

Crypto lender Genesis files for bankruptcy as FTX contagion spreads through the industry

For months, crypto lender Genesis has been seeking to raise $1 billion in an emergency loan to avoid bankruptcy. Now, the high-profile crypto lending...

Top tech startup news for today Thursday, January 19, 2023: Coindesk, Netflix, Nexo, Outrider, and Playtika

Good evening! Below are some of the top tech startup news stories for Thursday, January 19, 2023. Netflix co-founder Reed Hastings steps down as CEO Netflix co-founder...

CoinDesk is exploring selling itself as crisis deepens at parent company DCG due to FTX contagion

The collapse of FTX has rippled across the crypto industry like an earthquake, causing the downfall of other crypto-related startups including BlockFi, Genesis Trading, Galaxy...

Will Bitcoin Price Fall If Genesis Files For Bankruptcy? Here’s What We Know

After the DXY fell intra-day to a new 7-month low of 101.56 yesterday, the Bitcoin price briefly managed to tackle the key resistance zone...

Market Analysis Report (09 Jan 2023)

US authorities are reportedly digging into the internal dealings of Digital Currency Group, the parent company of several crypto firms including Genesis Trading and...

CryptoSlate Wrapped Daily: Huobi plans layoffs, sees outflows; SBF seeks to retain his Robinhood shares

The biggest news in the cryptoverse for Jan. 6 saw Huobi announce mass layoffs. Meanwhile, former FTX CEO Sam Bankman-Fried has...

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