Web2 days ago · TradFi – This category recognizes companies from the world of traditional finance, including banks, exchanges, and fintech firms that have made significant inroads into the world of crypto and blockchain. The winners of this category are PayPal, Robinhood, JPMorgan Chase, Fidelity, and Visa. NFTs – This category ranks companies behind ... WebJan 20, 2024 · Cryptocurrency news - live: Genesis to file for bankruptcy amid ‘major’ US crypto move. Department of Justice officials say they will reveal the news at 12pm in Washington DC
Citadel Securities among firms hustling to create a crypto market ...
WebJan 20, 2024 · Source: AdobeStock / Timon. After months of struggling, crypto lending and trading firm Genesis has filed for bankruptcy - but it's not the end of its troubles.. Genesis, a unit of the Digital Currency Group (DCG), said in a press release that Genesis Global Holdco, LLC and two of its lending business subsidiaries, Genesis Global Capital, LLC and Genesis … WebNov 22, 2024 · Cryptocurrency lending company Genesis has refuted speculation that it is planning an “imminent” bankruptcy filing should it fail to cover a $1 billion shortfall caused by the fall of crypto ... brett abernathy urology
U.S. crypto broker Genesis says it is working to avoid bankruptcy ...
Web1 day ago · Investors shouldn’t hold their breath. On Wednesday afternoon, FTX attorney Andrew Dietderich of Sullivan & Cromwell told the court that the firm had recovered $7.3 billion in cash, crypto and other assets that could go to stakeholders. But more than that, he said the exchange’s bankruptcy estate was exploring a relaunch. Source. Web3 hours ago · According to court documents reviewed by Forbes, Bhutan’s $2.9 billion sovereign investment arm was a customer of bankrupt crypto lenders BlockFi and … WebFeb 7, 2024 · DCG and creditors representing $2 billion worth of claims against its bankrupt Genesis lending division, including Gemini, reached agreement on a plan that includes … country abbreviations ii