The decision by Genesis Global Trading (GGT) to wind down its business was reportedly voluntary and is currently working with regulators to ensure an orderly closure of services.
Genesis Global Trading (GGT), a subsidiary of Barry Silbert’s Digital...
The biggest news in the cryptoverse for Jan. 20 saw Genesis Global Capital file for bankruptcy. Elsewhere, Cardano creator Charles Hoskinson confirmed that he is interested in acquiring CoinDesk. ByBit said its exposure to Genesis was limited to...
Dogecoin DOGE/USD 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.What Happened: Genesis’ crypto lending unit filed for bankruptcy protection late on Thursday...
Bitcoin has not moved as expected despite the news of Genesis, one of the largest crypto lenders in the world, filing for bankruptcy. This lack of negative movement from bitcoin in response to the news could cement the...