Date | Title | Description |
29.10.2024 | The Election's Ripple Effect: Interest Rates and Market Volatility | As the U.S. presidential election approaches, the financial landscape is charged with anticipation. Investors are on edge, watching the options market like hawks. The stakes are high, and the implications are profound. A Republican sweep co... |
28.10.2024 | FTX's $228M Settlement With Bybit Brings Conclusion of Epic Liquidation Closer
Sliding Copper-to-Gold Ratio Presents Bitcoin Bear Case | The FTX bankruptcy checked off another major cash settlement, this time for more than $200 million from crypto exchange Bybit.
The influx of cash will serve the already-approved FTX dispersal plan in which the recovery of as much as $16.3 b... |
07.09.2024 | The Regulatory Storm: Uniswap and the Crypto Frontier | The cryptocurrency landscape is a wild frontier. A place where innovation meets regulation. Recently, the New York State Attorney General, Letitia James, has turned her gaze toward Uniswap, a decentralized finance (DeFi) platform. This scru... |
04.09.2024 | VC Giants a16z, Union Square Ventures Get Subpoenaed by New York About Uniswap: Sources | New York State Attorney General Letitia James has joined a regulatory offensive against cryptocurrency trading platform Uniswap, according to internal communications regarding the NYAG subpoenas seen by CoinDesk and two people who are famil... |
28.08.2024 | Narrow Boom: The Mismatch of Token Supply and Demand in the Current Cycle | The consensus used to be that a rising BTC price resulted in a trickle-down wealth effect for ETH, and eventually would spillover into the long tail of “altcoins” — an endearing term commonly used to describe all the other crypto assets out... |
06.01.2023 | Genesis slashes 30% of its staff as the embattled crypto firm's lending arm faces a liquidity crisis | Genesis cut 30% of its staff as the firm's lending unit faces a liquidity crunch.
The business development and sales teams were most impacted by the layoffs, a Genesis spokesperson told Insider.
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Genesis terminated 30% of its w... |
05.01.2023 | Genesis CEO tells clients the crypto brokerage needs more time to get its finances in order as Gemini's Cameron Winklevoss says the exchange is owed nearly $1 billion | The interim CEO of Genesis told clients that its lending business needs more time to sort out its finances.
The firm's borrowing and lending business halted withdrawals in November, citing "unprecedented market turmoil."
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05.01.2023 | As pressure builds, crypto firm Genesis cuts 30% of workforce | Cryptocurrency firm Genesis has cut 30 percent of its workforce in a second round of layoffs in less than six months, Reuters has reported, citing a person familiar with the matter as pressure builds on crypto industry executives to cut cos... |
04.01.2023 | Genesis CEO Requests Extra Time to Resolve Lending Woes | Genesis, a subsidiary of the Digital Currency Group, has begun 2023 with an appeal to its customers for patience. In a letter issued by Interim CEO Derar Islim on Tuesday, he reassured customers that every effort is being made to find a sat... |
30.11.2022 | Crypto lender Genesis is seeking to raise $1 billion in an emergency loan to avoid bankruptcy | On November 16, crypto lender Genesis suspended withdrawals for its institutional customers. Genesis suspended withdrawals for its institutional customers. Then last week Genesis warmed it may be forced to file for bankruptcy protection wit... |
21.11.2022 | Crypto lender Genesis warns of bankruptcy without new funding | As you may recall, we reported last week that the crypto lender Genesis might be the next domino to fall following the implosion of the crypto exchange FTX. On November 16, Genesis suspended withdrawals for its institutional customers. Now,... |
17.11.2022 | Binance’s CZ on FTX: ‘We were the last straw that broke the camel’s back’ | Binance co-founder and CEO Changpeng Zhao, also known as CZ, commented on the collapse of FTX at TechCrunch Sessions: Crypto 2022. He played down his personal role in the series of events that ultimately led to FTX filing for bankruptcy.
“I... |
17.11.2022 | First Mover Asia: Bitcoin Sinks Amid Crypto's Latest Debacle | Good morning. Here’s what’s happening:
Prices: Bitcoin and other cryptos sank after the lending arm of crypto investment bank Genesis Global Trading suspended customer withdrawals.
Insights: The fallout from FTX's collapse continues to wide... |
16.11.2022 | Crypto lender Genesis suspends withdrawals for its institutional customers. Is Genesis the next shoe to drop? | The contagion of FTX collapse is slowly spreading across the crypto industry. Last week, crypto lender BlockFi suspended withdrawals as fear of insolvency and liquidity crunch spreads across crypto markets. Then yesterday, crypto lending pl... |
18.08.2022 | Crypto lender Genesis lays off 20% of its workforce; CEO departs | Crypto broker Genesis is the latest casualty of a $2 trillion digital-asset market wipeout following its exposure to the now-bankrupt crypto hedge fund Three Arrows Capital. On Wednesday, Genesis announced its CEO Michael Moro is stepping d... |
30.06.2022 | Crypto lender Genesis Trading reportedly faces ‘hundreds of millions’ in potential losses from exposure to Three Arrows Capital and others | Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations.
Cryptocurrency market maker and lending firm Genesis Trading is facing potential losses into the “hundreds of mill... |
30.06.2022 | Crypto lending firm faces 9-digit losses amid 3AC, Babel exposure | CryptoNews
Aditya Hadi Pratama · 15h ago · 1 min readCrypto lending firm faces 9-digit losses amid 3AC, Babel exposure
Crypto lending firm Genesis Trading is facing “hundreds of millions” of dollars in potential losses due to exposure to Th... |
29.06.2022 | Genesis Faces ‘Hundreds of Millions’ in Losses as 3AC Exposure Swamps Crypto Lenders: Sources | Cryptocurrency market maker and lending firm Genesis Trading is facing potential losses into the “hundreds of millions,” according to three people familiar with the matter.
The losses at Genesis relate, in part, to exposure to over-leverage... |
22.06.2022 | Singapore approves 3 crypto licenses | CryptoNewsStartups
Shadine Taufik · 22 Jun 2022 · 1 min readSingapore approves 3 crypto licenses
The Monetary Authority of Singapore (MAS) has approved three applications for its digital payment token (DPT) license, announced Heng Swee Keat... |
05.05.2022 | LFG Closes $1.5 Billion OTC Deal of UST for BTC with Genesis and Three Arrows Capital (3AC) for the UST Forex Reserve | As the leading broker in digital currencies, Genesis’ participation displays the growing demand for decentralized stablecoins in the broader crypto market, helping to build bridges across crypto communities tied together by a common decentr... |
31.01.2022 | Arcade announces public launch of NFT-backed lending platform
Show your support for our mission by joining our Cube Club and Cube Event Community of experts. Join the community that includes Amazon W... | Arcade, a platform that allows the owners of nonfungible tokens to use them as collateral for loans, today announced the public launch of its lending platform.
The platform is a peer-to-peer marketplace that connects NFT owners interested i... |
31.01.2022 | Arcade Launches as First-of-its-Kind Platform Enabling Liquid Lending Markets for NFTs | Arcade's continued focus is on building primitives, infrastructure, and applications enabling the growth of NFTs as an asset class.
SAN FRANCISCO (PRWEB) January 31, 2022
Arcade, a DeFi marketplace and lending platform that enables the fina... |
12.12.2021 | Alts Find It Tough to Beat Layer 1 King Ethereum | As the U.S. Federal Reserve appears to be poised to take a more hawkish stance on monetary policy (for now, maybe), especially in light of recent high inflation data, cryptocurrency investors seem to be rethinking how they’re allocating the... |
23.11.2021 | Don’t Panic: Recent Bitcoin Price Movement Boring Part of Longer Bull: Analyst | While there is plenty of speculation as to why Bitcoin’s recent sideways movement has been happening, it is most likely a simple break in a continued bull market, Genesis head of market insights Noelle Acheson said in a research note this w... |
09.11.2021 | Bitcoin Analysts See Good, Bad Behind Recent Bitcoin Price Hikes | While Bitcoin’s recent price gains have some clear reasons behind them, some analysts believe it’s a troublesome development.
Genesis head of market insights Noelle Acheson said the increased valuations are due to more than increased inflow... |
02.11.2021 | Facebook Meta Rebrand Reveals Cryptocurrency Investor Sophistication | Facebook’s recent rebranding to Meta (NASD:FB) provides some interesting lessons for cryptocurrency investors, an industry analyst suggests.
Genesis’ head of markets Noelle Acheson said Facebook’s pivot to acting as a metaverse company prod... |
08.10.2021 | The CEO of top crypto trading firm says big mistakes in DeFi are putting off institutional investors - and putting retail investors most at risk | Mistakes in DeFi are putting institutional investors off the space, the CEO of big crypto trader Genesis has said.
Michael Moro said the errors show DeFi is risky, and said retail investors are most at danger of losing money.
Two high-profi... |
07.10.2021 | The CEO of top crypto trading firm says big mistakes in DeFi are putting off institutional investors – and putting retail investors most at risk | There have been some high profile errors on DeFi networks recently. Andia/Getty Images
Mistakes in DeFi are putting institutional investors off the space, the CEO of big crypto trader Genesis has said.
Michael Moro said the errors show DeFi... |
19.09.2021 | Why Ethereum Will Continue to Dominate DeFi | Will a new competitor to Ethereum emerge, or will the acknowledged Web 2.0 winner dominate the DeFi space for years to come?
It’s an interesting question for several reasons. One is that the DeFi space is still early in its evolution. Somet... |
09.09.2021 |
Barry Silbert | Barry Silbert is the founder of venture firm Digital Currency Group (DCG), crypto asset manager Grayscale Investments and illiquid assets marketplace SecondMarket.
Silbert founded SecondMarket in 2004, where he created the Bitcoin Investmen... |
30.07.2021 | NYDFS Plans to Collect Diversity Data From Banking and Crypto Institutions | The New York State Department of Financial Services (NYDFS) is launching an initiative to promote diversity, equity and inclusion (DEI) in the banking and crypto industries.
According to an industry letter published by NYDFS Superintendent ... |
30.06.2021 | BlockFi Rate Cut on Bitcoin Deposits Leaves Rivals Scratching Heads | Crypto lending platform BlockFi is cutting interest rates on a number of crypto asset deposits, just about three months after the company lowered rates in March.
BlockFi says its decision was made based on the changing market dynamics and b... |
02.05.2021 | Crypto Long & Short: Bitcoin's Potential as a Collateral Class | Today I’m going to weave together three seemingly unrelated stories from the past week to highlight a trend that I believe we are largely overlooking. Ready?
First, Tesla’s Q1 earnings release revealed the company sold $272 million worth of... |
21.02.2021 | Crypto Long & Short: Interest in DeFi Is Surging. You Can Thank GameStop. | One of the most iconic moments of the past week was when Keith Gill, otherwise known as Reddit trader DeepF**kingValue, testified in front of the House Financial Services Committee: “I am not a cat.” All who enjoyed the video of the meeting... |
08.11.2020 | Crypto Long & Short: Bitcoin Gets Ready for a New Type of Hedge | Of all of the many clever things Mark Twain is alleged to have said, one of my favorites, especially these days, is: “It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.”
In the turmoil t... |
09.09.2020 | South African crypto startup Luno goes global | Luno, a South African founded cryptocurrency exchange, has been acquired by the world’s largest blockchain investor.
Luno, one of the country’s largest cryptocurrency exchange, has been acquired by Digital Currency Group (DCG)
Digital Curre... |
09.09.2020 | South African crypto startup Luno goes global | Luno, a South African founded cryptocurrency exchange, has been acquired by the world’s largest blockchain investor.
Luno, one of the country’s largest cryptocurrency exchange, has been acquired by Digital Currency Group (DCG)
Digital Cur... |
09.09.2020 | Digital asset exchange Luno is acquired By Digital Currency Group | Share this:
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09.09.2020 | Luno acquired by world’s largest blockchain investor | South African-founded Luno, the country’s largest cryptocurrency exchange, has been acquired by Digital Currency Group (DCG), a global enterprise that builds, buys, and invests in blockchain companies.
Luno began in South Africa in 2013. I... |
07.08.2020 | Luno partners with Genesis to help customers earn interest on their crypto holdings | Luno, one of SA’s leading cryptocurrency exchange today announced a partnership with Genesis, a leader in digital currency prime brokerage services.
Luno has partnered with Genisis enabling users to earn interest on their crypto holdings.
... |
07.08.2020 | Luno partners with Genesis to help customers earn interest on their crypto holdings | Luno, one of SA’s leading cryptocurrency exchange today announced a partnership with Genesis, a leader in digital currency prime brokerage services.
Luno has partnered with Genisis enabling users to earn interest on their crypto holdings.
T... |
02.08.2020 | Crypto Long & Short: Does Decentralization Create Value or Destroy It? | To bitcoin (BTC) proponents, the world's need for a decentralized form of money is more apparent than ever as challenges mount to government monopolies on money-printing and military force, from the U.S. to Uganda.
It's possible this vision... |
03.06.2020 | Bitcoin Prices Did Their Own Thing In May | Bitcoin's price fluctuations were unphased by major events in May. (Photo by Chesnot/Getty Images)Getty Images |
22.05.2020 | Genesis Acquires Vo1t | Genesis, a NYC-based provider of digital currency trading and lending solutions, acquired Vo1t, a London-based insured digital custody service.
The amount of the deal was not disclosed.
The new addition will supplement Genesis’s existing se... |
11.06.2019 | Fidelity, Tenaya Capital Fund Crypto-Security Firm Fireblocks | Fireblocks, a platform for securing digital assets in transit, announced today $16 million in Series A funding from investment heavyweights including Cyberstarts, Tenaya Capital, and Eight Roads -- the proprietary investment arm of Fidelity... |
26.04.2018 | Genesis Trading looks to go 24/7 as demand in an opaque corner of the crypto market booms | Drew Angerer/Getty
Traders and financial professionals work ahead of the opening bell on the floor of the New York Stock Exchange (NYSE), April 5, 2018 in New York City. After a chaotic trading day on Wednesday, the Dow opened up over 150 p... |
27.10.2015 | Barry Silbert Launches Digital Currency Group With Funding From MasterCard, Others | Less than a week after selling SecondMarket to NASDAQ, Barry Silbert has announced the official launch and and first round of funding for Digital Currency Group.
Talking onstage to TechCrunch Editor John Biggs today at Money 20/20, Silbert ... |
- | Gemini, BlockFi, Genesis announcing new restrictions as FTX contagion spreads | The lending arm of the crypto investment bank Genesis Global Trading is pausing new loan originations and redemptions.
The decision reflects a sign of contagion outside of cryptocurrency lender BlockFi, which is reportedly preparing for a p... |
- | Crypto broker Genesis slashes 20% of workforce and announces CEO exit after loans soured | Michael Moro, who joined Genesis in 2015 and took over as CEO the following year, is leaving the company.
Genesis is also slashing 20% of its workforce, or more than 50 jobs.
The company lost money that it loaned to hedge fund Three Arrows ... |
- | Grayscale refuses to share proof of reserves due to 'security concerns' as shares trade at a 45% discount to bitcoin | Grayscale, the asset manager running the world's largest bitcoin fund, said in a statement on Friday that it won't be sharing its proof of reserves with customers.
"Due to security concerns, we do not make such on-chain wallet informat... |
- | Genesis | - |
- | Put Your Crypto to Work: 3 Ways to Earn More in 2022 | The crypto space has come a long way in the past dozen years. The days when miners worked on gaming computers in their basements – more often than not in China – are so recent they don’t even evoke nostalgia.
But the game has utterly change... |
- | Bitcoin's hashrate is sitting close to all-time highs, but the price keeps falling. 8 experts break down what investors need to know about trading bitcoin in 2022 — and 14 alternative crypto tokens to... | Businessman chasing Bitcoin falling down descending arrow Getty Images This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
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The bitcoin hashrate, a key network metric, hit an all-ti... |