Genesis

Cybercriminals Busted For $243M Crypto Heist: They Spent Hundreds Of Thousands In Night Clubs And On Luxury Gifts

Can Lucid Power Hyundai's Future? A Korean-American Tie-Up Is Reportedly In The Works

Genesis Global To Return $3B In Cryptocurrency, Cash To Customers After Court Approval: Report

Can Lucid Power Hyundai's Future? A Korean-American Tie-Up Is Reportedly In The Works

Genesis Global To Return $3B In Cryptocurrency, Cash To Customers After Court Approval: Report

Barry Silbert's DCG Can't Meddle With Genesis Ownership Until Chapter 11 Finalizes: Court

Genesis, Three Arrows Capital Seeks Court's Approval To Settle For $33M Instead Of $1B

Barry Silbert's DCG Can't Meddle With Genesis Ownership Until Chapter 11 Finalizes: Court

Genesis, Three Arrows Capital Seeks Court's Approval To Settle For $33M Instead Of $1B

Genesis New Bankruptcy Plan Creates Delays, US Trustee Objects Amendments

New York Attorney General Files Lawsuit Against Genesis, Gemini, DCG For Defrauding Investors of $1B, Urges Ban

Genesis Recent News

Here Are The Notable Crypto Fallouts Over The Last Two Years

As 2023 is almost ending, we're recapping some of the major crypto disasters of the last two years.

Caroline Ellison Reveals Manipulated Alameda Balance Sheets In Bankman-Fried Trial

In a revelation that has sent shockwaves through the crypto community, Caroline Ellison, a key figure in the trial of FTX founder Sam Bankman-Fried, on Wednesday disclosed her role in preparing not one, but seven differ

Caroline Ellison Drops Bombshell: Bankman-Fried Wanted To Be President

Caroline Ellison, a key figure associated with the cryptocurrency exchange FTX and Alameda Research, on Tuesday testified that Sam Bankman-Fried, the founder of the

Institutional Crypto Staking: What You Need To Know From Northstake CEO Jesper Johansen

Before diving into the world of crypto staking, Jesper Johansen, founder and CEO of institutional staking entity Northstake, emphasizes the importance of understanding the regulatory framewo

Hyundai, Lexus And Genesis 2023 EV Models Win Top Crash Safety Award From IIHS

Coinbase Capitalizes On Institutional Lending Gap Left By BlockFi, Genesis

Coinbase Global Inc. (NASDAQ: COIN) has unveiled a new cryptocurrency lending service for U.S.

DCG Plans $3.5B Debt Partial Payoff, Creditors Stand To Win Big

Digital Currency Group (DCG) is on the verge of settling claims related to the bankruptcy of Genesis, as revealed in a recent court document.

Gemini Files Suit Against DCG And CEO Silbert Over Alleged Fraudulent Actions

Cryptocurrency exchange Gemini has initiated legal proceedings against Digital Currency Group (DCG) and its CEO, Barry Silbert, accusing them of misleading creditors.

Cameron Winklevoss Presents $1.5B 'Final Offer' In Genesis Debt Talks To Barry Silbert: 'Your Games Are Over'

Cameron Winklevoss, the co-founder of the popular crypto exchange Gemini on Monday made a “final offer” to resolve the ongoing debt-restructuring talks concerning Genesis, a bankrupt digital-asset firm.

FTX Halts Sale Of AI Startup Anthropic Despite Whopping 9-Figure Price Tag: Report

FTX (CRYPTO: FTT) has suddenly put a stop to the sale of a coveted asset, which was previously believed to be on the auction block after the crypto exchange declared bankruptcy in November.

The Next Crypto Sensation: Base's Mainnet Launch And What It Means For You

Coinbase Global Inc (NASDAQ: COIN)-backed blockchain network Base is preparing for an impending mainnet launch, subject to a few key prerequisites being achieved.

How 4.3 Million Crypto Investors Lost $46 Billion In Just Five Months

The five major crypto firms that collapsed last year — FTX, Celsius, Voyager, BlockFi and Genesis — did so because they offered customers instant withdrawals while their assets were locked inside illiquid, risky investments in an attempt to generate unsustainable yields.

Digital Currency Group Reports $1.1B Loss In 2022

Connecticut-based cryptocurrency giant Digital Currency Group (DCG) reported on Monday a loss of $1.1 billion in 2022 due to a decline in cryptocurrency prices and the restructuring of Genesis, its lending platform.

CoinDesk Parent DCG Sells Prized Crypto Funds At Steep Discount To Raise Capital

Crypto company Digital Currency Group (DCG) is selling stakes in some of its investment funds at a steep discount to raise capital, as it tries to pay back creditors of its bankrupt lending unit Genesis, Financial Times reported, citing U.S. securities filings.

'Bitcoin Jesus' Has 'Sufficient Funds' To Repay Genesis $21M — But Says Can't Play 'Heads Clients Lose, Tails Genesis Wins' Game

Roger Ver, CEO of Bitcoin.com, said he has "sufficient funds" to pay GGC International, a unit of the now-bankrupt crypto broker Genesis the $21 million he owes. What Happened: In a Reddit post on Wednesday, Ver said he has “sufficient funds on hand to pay Genesis the sums allegedly owed.”

Stablecoin Operator Circle Points Finger At SEC For Abandoned $9B SPAC Deal

Stablecoin issuer Circle (CRYPTO: USDC) has stated that the Securities and Exchange Commission is to blame for the failure of its $9 billion plans to go public t

Grayscale Vs. SEC: Court Schedules Hearing For Conversion Of Bitcoin Trust To ETF

The District of Columbia Court of Appeals has scheduled a date to hear oral arguments in Grayscale's lawsuit against the Securities and Exchange Commission's (SEC) decision to deny the conversion of its Grayscale Bitcoin Trust (OTC: GBTC)

Crypto Rally In 2023: 'Mean Reversion' Or 'Sustainable Comeback?' Bernstein Weighs In

Bernstein analysts have labeled the recent crypto rally as a “mean reversion” to the sector's decisive lows in 2022. What Happened: According to Bernstein, crypto was the most divisive asset class of the year, suffering from several high-profile frauds, reveals and bankruptcies.

Dormant ICO Era Whale Wallet Wakes Up, Transfers $80M Ethereum

A mysterious whale wallet that was active during the ICO period transferred large amounts of Ethereum (CRYPTO: ETH).

Google Layoffs 12K Employees, Netflix's Q4 Earnings And CEO Steps Down, FDA Rejects Eli Lilly's Alzheimer's Candidate: Top Stories Friday, Jan. 20

Here's a round-up of stories from around the globe and from various media outlets. Benzinga

Dogecoin Co-Founder Slams Genesis Bankruptcy Filing: 'Another Day, Another Dumb F***Ing Crypto Thing Dies'

Dogecoin (CRYPTO: DOGE) co-founder Billy Markus, popularly known as Shibetoshi Nakamoto said that “another day, another dumb f***ing crypto thing dies” in light of the recent bankruptcy filing of Genesis.

Genesis Owes Creditors Over $3.5B: Here Are Top 5 Claims

Genesis Global, the crypto lending company that filed for bankruptcy protection in New York late Thursday, owes more than $3.6 billion to its top creditors.

Genesis Global Files for Bankruptcy As Winklevoss Warns Legal Action Against Barry Silbert, DCG

The lending unit of crypto firm Genesis filed for U.S. bankruptcy protection from creditors on Thursday, following the dramatic market downturn that has affected other crypto giants such as FTX (CRYPTO: FTT) and BlockFi.