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Genesis
Bitcoin crolla sotto i 63.000 $, Altcoin Rekt, mentre le Cripto soccombono all'umore di avversione al rischio
Probabilmente a incidere sui prezzi è stato anche il movimento di quasi 2 miliardi di dollari in BTC ed ETH nei portafogli collegati a Genesis Trading.

Genesis Set to Return $3B to Creditors; Craig Wright Lied to UK Court 'Extensively': Judge
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Judge James Mellor released his written judgment on the Craig Wright case, stating that the Australian has lied "extensively and repeatedly" in his evidence. Plus, Genesis will return roughly 77% of customer assets in a liquidation plan, and a Nigerian court denies Binance executive Tigran Gambaryan's bail application.

Genesis completa il riscatto delle azioni GBTC, acquista 32.000 Bitcoin con i proventi
A febbraio la società ha ottenuto dal tribunale fallimentare di New York l'autorizzazione a vendere circa 36 milioni di azioni del Bitcoin Trust di Grayscale.

GROK Token Interest Climbs; Former FTX Execs Will Reportedly Start New Crypto Exchange
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the interest behind a token inspired by Grok AI, an artificial intelligence service by Elon Musk-owned social app X. The Wall Street Journal reports a new crypto exchange will be launched by former FTX executives. And, court documents show Genesis has agreed to settle $1 billion in claims by defunct hedge fund Three Arrows Capital. CoinDesk and Genesis are both owned by DCG.

Two Genesis Creditors Describe Their Frustrations With the Bankrupt Crypto Lender
In this week's episode of Unchained, two Genesis creditors discuss their dealings with the lender and DCG, including the sales pitch that got them to give Genesis new loans after the 3AC debacle. CoinDesk and Genesis are both owned by DCG.

Sam Bankman-Fried ha respinto le richieste di aiuto di Barry Silbert e Celsius, l'ex CEO di FTX testimonia al suo processo
Tuttavia, il magnate Cripto ha svolto il ruolo di cavaliere bianco per altre aziende in difficoltà, prima che anche il suo impero crollasse.

SEC Delays Spot Bitcoin ETF Decision; Creditors Accuse Genesis of Ballot-Stuffing Over FTX Deal
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories in crypto, as the markets react to the August jobs report and the SEC's move to delay the decision on spot bitcoin ETF applications. A stablecoin backed by one of the most volatile currencies rapidly grows. Creditors of Genesis Global Capital are making accusations of vote-buying to “manipulate” a proposed deal with the defunct exchange FTX. Genesis and CoinDesk share the same parent company, DCG.

Robinhood’s Crypto Wallet Adds Bitcoin and Dogecoin; Genesis Lender Group Opposes DCG Deal
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories in crypto today, as Bloomberg analysts boost their bitcoin ETF approval odds after a court ruled the SEC must review Grayscale's bitcoin ETF. Robinhood is expanding its offerings for crypto wallet users. Seba has won approval-in-principle from Hong Kong's Securities and Futures Commission. Why creditors don't like a tentative deal between Genesis and DCG. DCG is the parent company of CoinDesk.

DCG Reaches In-Principle Deal With Genesis Creditors
Court filings reveal that Digital Currency Group (DCG) has reached an in-principle deal with Genesis creditors to resolve the claims brought up in the crypto lender's bankruptcy. The plan could result in recoveries of 70% to 90% in USD equivalent for unsecured creditors and 65% to 90% recovery on an in-kind basis. "First Mover" hosts Jennifer Sanasie and Amitoj Singh weigh in. DCG is the parent company of Genesis Global and CoinDesk.
