Thu, March 28

Search Results for: genesis

FTX and Genesis Join Hands to Resolve Bankruptcy Case

FTX, the leading crypto exchange, is facing issues as its former CEO, Bankman-Fried has been accused of criminal charges. In the latest development, the bankrupt crypto firms FTX and Genesis have reached an agreement in principle. It would resolve the claims made by both firms in their ongoing lawsuits over

July 28, 2023 2 mins read

MATRIX Releases Beta Version of ‘Genesis’ Generative AI System Capable of Creating Metaverse Worlds Through Both Spoken Words and Text

TOKYO–(BUSINESS WIRE)–Metaverse advanced technology research organization “MATRIX GENESIS LABS” operated by MetaReal Group’s MATRIX Corp. (Head office: Chiyoda-ku, Tokyo; Representative Director: Junichi Goishi; hereinafter “MATRIX”) released the beta version of ‘Genesis,’ the company’s Metaverse World Generative AI system ( https://speech2world.com ) on July 13, 2023. [Regarding the beta version release

July 13, 2023 4 mins read

Court Extends Mediation Period Between Insolvent Genesis and Creditors

Due to rising concerns about the potential involvement of Genesis’ parent firm Digital Currency Group (DCG) in the lender’s reorganization, U.S. Bankruptcy Court Judge Sean Lane prolonged a mediation session between Genesis and its creditors during a Monday bankruptcy hearing. The original end date for the mediation session of May

June 6, 2023 1 min read

FTX Goes All Out To Recover $3.88 Billion From Insolvent Genesis

According to court records filed on May 3rd. FTX under John Ray III is trying to recover cash from insolvent platform Genesis by way of repaid loans, withdrawn liquidity, and collateral. There is more than $3.88 billion at stake for all Genesis-related organizations combined. FTX’s attorneys stated in court filings

May 4, 2023 2 mins read

Genesis Global’s Creditors Reject Earlier Accepted Restructuring Plan

In a statement released earlier today, the Digital Currency Group (DCG) warned that Genesis Global’s bankruptcy procedures might go on for a long time. Genesis Global is a DCG subsidiary. The company is in trouble since its creditors rejected the bankruptcy restructuring plan that was agreed upon about two months

April 25, 2023 2 mins read

Genesis Expands Custodial Tri-Party Solution by Forming Collaboration with BitGo Custody

Genesis expands tri-party solution through collaboration with BitGo to meet institutional client demand for segregation of duties between trading and custody Genesis remains at the forefront of crypto derivatives by meeting needs of institutional clients increasingly looking to crypto firms to mitigate counterparty risk for clients NEW YORK–(BUSINESS WIRE)–GGC International

March 29, 2023 6 mins read

Square Enix Celebrates the Grand Opening of the Official Website and Discord for ‘SYMBIOGENESIS’, Its First NFT Collectible Art Project

– Set out on a Treasure Hunt and find Free Digital Art Today, Web3 Digital Collectible Art Experience to Release in Spring 2023 – TOKYO–(BUSINESS WIRE)–SQUARE ENIX CO., LTD. (the “Company”) launched the official website and Discord for its ‘SYMBIOGENESIS’ digital collectible art experience today. While players wait for the

March 17, 2023 4 mins read