Genesis


Videos

Bitcoin Seeing One of the Best Runs in a Decade: Strategist

Bitcoin (BTC) is trading near $23,000 as Genesis crypto lending businesses' first bankruptcy hearing takes place in New York. Genesis and CoinDesk are both owned by Digital Currency Group (DCG). Matthew Sigel, Head of Digital Assets Research at investment manager VanEck, discusses bitcoin's 2023 rally as the largest cryptocurrency by market capitalization has already risen 37% this year.

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Videos

DCG Outlook as Genesis' Crypto Lending Businesses File for Bankruptcy Protection

Robert Leshner, founder of decentralized finance lending platform Compound Labs, compares DCG to a baseball player trying to play with one hand tied behind their back, after Genesis Global Holdco LLC filed for Chapter 11 bankruptcy. DCG is the parent company of Genesis and CoinDesk.

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Compound Labs Founder on Options for Genesis Creditors

Compound Labs founder Robert Leshner discusses the potential options for Genesis' creditors, like himself, after the crypto lender filed for Chapter 11 bankruptcy and owes over $3.5 billion to its top 50 creditors. DCG is the parent company of Genesis and CoinDesk.

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Videos

First Hearing in Genesis Bankruptcy Case Set for Monday

Crypto lender Genesis Global Capital's first hearing in its Chapter 11 bankruptcy case will take place Monday afternoon, according to court filings. Genesis has over 100,000 creditors among the three companies that declared bankruptcy. Robert Leshner, Founder of decentralized finance lending platform Compound Labs and a Genesis creditor, discusses his take on Genesis' bankruptcy developments and the state of the NFT market. DCG is the parent company of Genesis and CoinDesk.

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Markets

First Mover Americas: Axie Infinity's Token Is Soaring

The latest price moves in crypto markets in context for Jan. 23, 2023.

Axie Infinity's AXS token has been soaring. (CoinDesk)

Finance

First Hearing in Genesis Bankruptcy Case Set for Monday

Genesis filed for bankruptcy late Thursday.

(Genesis Trading)

Finance

Genesis’ Crypto Trading Arm Is Moving Money Around, a Sign of Normality Amid Sibling’s Bankruptcy

About $125 million was sent to exchanges in the run-up to Genesis’ lending division filing for Chapter 11 protection. More was moved the next day.

Business as usual for the Genesis trading arm. (Getty Images)

Tech

Stellar Foundation Nicked by Genesis Bankruptcy With $13M Claim

The Stellar Development Foundation was revealed to be among the bankrupt crypto lending desk’s largest creditors.

Evmos, a connector between the Cosmos and Ethereum blockchains, raised $27 million. (Billy Huynh/Unsplash)

Videos

GBTC Discount Widening Amid Genesis' Chapter 11 Filing

CoinDesk Managing Editor of Tech Brad Keoun joins "All About Bitcoin" to discuss bitcoin's reaction to Genesis’ crypto lending businesses filing for bankruptcy protection and the widening GBTC discount. DCG is the parent company of Genesis, Grayscale, and CoinDesk.

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Videos

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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