Genesis


Відео

Bitcoin Holds Firm Over $21K as DCG Responds to Genesis' Chapter 11 Filing

The price of bitcoin is remaining calm, after Genesis’ crypto lending businesses file for bankruptcy protection. In a statement on Friday, DCG said that neither it nor any of its employees, including those on Genesis’ board of directors, were involved in the decision to file for bankruptcy, and that DCG would continue to operate “business as usual." DCG is the parent company of CoinDesk and Genesis.

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Відео

Bankrupt Crypto Lender Genesis Claims $5.1B in Liabilities

Crypto lending firm Genesis held $5.1 billion in liabilities in the weeks following its freeze on withdrawals last November, according to court documents signed by interim CEO Derar Islim. This comes as three of the institutional crypto brokerage's entities filed for Chapter 11 protection late Thursday. "The Hash" panel discusses the latest in Genesis' bankruptcy. DCG is the parent company of CoinDesk and Genesis.

Recent Videos

Відео

Genesis’ Crypto Lending Businesses File for Bankruptcy Protection

Genesis Global Holdco LLC, the holding company of troubled cryptocurrency lender Genesis Global Capital, filed for Chapter 11 bankruptcy protection in New York after being pummeled by two of 2022's biggest industry collapses. CoinDesk News Desk Managing Editor Danny Nelson discusses what we know so far. DCG is the parent company of CoinDesk and Genesis.

CoinDesk placeholder image

Фінанси

Inaangkin ng Genesis ang $5.1B sa Mga Pananagutan sa Unang Araw na Paghahain ng Pagkalugi

Tatlo sa mga entity ng institutional Crypto brokerage ang nag-file para sa proteksyon ng Kabanata 11 noong huling bahagi ng Huwebes.

(Genesis Trading, modified by CoinDesk)

Фінанси

Fairfax County, Virginia, Mga Pondo ng Pensiyon na Nalantad sa Pagkabangkarote ng Genesis

Dalawang pondo ng pensiyon mula sa county ang namuhunan ng $35 milyon sa isang pondo ng VanEck na nakalista bilang isang pinagkakautangan ng Genesis.

Reston, Virginia, Fairfax County (Gerville/iStockphoto/Getty Images)

Фінанси

Ang Crypto Trading Firm na Cumberland DRW ay Nagtatalo sa Genesis Exposure

Ang kumpanyang nakabase sa Chicago ay nakalista sa mga pinagkakautangan ng Genesis sa halagang $18 milyon, ngunit sinabi ni Cumberland na masyadong mataas iyon. Kasama sa dokumento ang "nakaliligaw at maling impormasyon," tweet ni Cumberland.

(Genesis Trading, modified by CoinDesk)

Політика

Ang Crypto Lender Genesis Ang Pinakamalaking Unsecured Creditor ng FTX na May $226M sa Mga Claim

Pinangunahan ng Genesis Global Capital ang binagong listahan na nag-unredact sa mga pangalan ng ilang pinagkakautangan.

Sam Bankman-Fried sale del tribunal federal en la ciudad de Nueva York. (David Dee Delgado/Getty Images)

Фінанси

Ang Digital Currency Group ay Utang sa Subsidiary Genesis Global Mahigit $1.65B

Nag-file ang Genesis para sa proteksyon sa bangkarota ng Kabanata 11 noong Huwebes, na naglilista ng mga utang na humigit-kumulang $3.5 bilyon.

(Danny Nelson/CoinDesk)