Genesis

Crypto Crashes in Loop: From Terra, Celsius to FTX Collapse

The casualties of the FTX collapse are not seemingly slowing down. Evidently, the bankrupted crypto exchange’s fall caused the global

1 day ago 3 mins read

Binance Exchange Declines Request to Fund Struggling Genesis

Genesis Global Capital, a lending division of Genesis Trading, temporarily halted withdrawals at the end of last week. The parent

4 days ago 2 mins read

Crypto Lender Genesis Has No Plans To File Bankruptcy

Crypto lender Genesis turned up to clearly state that they have no intention to immediately file for bankruptcy. The Digital

4 days ago 2 mins read

Genesis’ Lending Arm Halted Withdrawals After Failing To Raise $1B

According to a report by WSJ, cryptocurrency lender Genesis attempted to obtain a $1 billion loan from investors to prevent

1 week ago 2 mins read

Crypto Market Maker B2C2 Offers Purchasing Loans From Genesis

After Genesis, a troubled crypto lending service halted client withdrawals on Wednesday, prominent cryptocurrency market maker B2C2 decided to help.

1 week ago 2 mins read

Tether Admits To Have Zero Exposure To Genesis Global

In reaction to the news that exchange withdrawals were being frozen, Tether released a brief statement on November 16 stating

1 week ago 2 mins read

Crypto Lending Arm of Genesis Suspends Withdrawals

On Wednesday, interim CEO Derar Islim said that Genesis Global Trading’s lending division has temporarily halted withdrawals and new loan

1 week ago 2 mins read

$140 Million Financial Injection Received by Genesis Trading

On November 10th, Genesis Trading said that its parent firm, Digital Currency Group, will inject an additional $140 million in

2 weeks ago 2 mins read

Crypto Trading Company Genesis Reveals Frozen Funds on FTX

Genesis Trading, the market maker and lending arm of Digital Currency Group, disclosed that its derivatives division had over $175

2 weeks ago 2 mins read

Genesis Trading’s Q3 Report Below Par Amid Sluggish Market

Genesis saw a precipitous 44% drop in spot trading volume. There were a total of $4.9 billion in active loans

4 weeks ago 2 mins read