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Genesis
Crypto Broker Genesis Cuts 20% Staff, CEO Michael Moro Steps Down
Genesis CEO Michael Moro is stepping down, as the crypto broker slashes 20% of its 260-person workforce. It follows major losses tied to the collapse of Three Arrows Capital earlier this summer. “The Hash” panel discusses the latest fallout of crypto winter, the human toll, and what it reveals about the state of crypto lending.
Crypto Broker Genesis Cutting 20% of Workforce as CEO Michael Moro Exits
Moro is to be replaced on an interim basis by Chief Operating Officer Derar Islim.
CEX or DEX?: The Future of Digital Asset Exchanges
Vijay Chetty, dYdX's Head of Business Development & Growth joins FTX US President Brett Harrison and Genesis CEO Michael Moro at Consensus 2022 to discuss the future of crypto and digital assets exchanges with reference to the differences between centralized and decentralized exchanges. Moderator: Zack Seward, Deputy Editor-in-Chief, CoinDesk
Genesis Files $1.2B Claim Against Three Arrows Capital
Genesis's parent company, Digital Currency Group, has assumed Genesis' liabilities in the case.
SBF’s Voyager Debt Emerges; Celsius Reshuffles Board
Alameda Research owes $377 million as Voyager Digital’s second largest borrower. Genesis confirms exposure to Three Arrows Capital. Celsius Network reshuffles board as it fights to stay afloat. South Korea’s Uprise said to have lost US$20 million in client funds on LUNA short. South Korea to cooperate with U.S. on Terra investigation. China’s "Instagram" gets into virtual fashion with users strutting their stuff in NFT clothes. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Genesis Confirms Exposure to Three Arrows Capital
Digital Currency Group, the crypto conglomerate that owns Genesis, is assuming some of the liabilities.
Singapore Grants In-Principle Licenses to Crypto.com, Two Others
The firms will be able to offer services to Singapore-based customers if granted full licenses.
Genesis CEO on Bank and Investor Sentiment Toward Bitcoin
Genesis CEO Michael Moro shares his bitcoin price analysis, noting a long-term bullish sentiment among investors despite a recent decrease in trading volume. Plus, his take on the Central African Republic’s decision to adopt bitcoin as legal tender and the attitude of major banks toward BTC.
First Mover Asia: Crypto Offering New Opportunities for Inflation-Worried Indonesian Investors; Bitcoin Is Flat
A report by the crypto exchange Gemini found that about two in five Indonesians own cryptocurrencies; ether also held its ground.
Coinbase, Genesis Highlight Massive Institutional Growth at MicroStrategy Conference
More retailers are interested in NFTs, and that can lead them to hold more crypto in their treasuries, says Coinbase Institutional's chief.
