Fears are swirling that $10 billion bitcoin and crypto giant Digital Currency Group (DCG) could be in trouble...
... [+]This week, Genesis, one of the biggest crypto lenders that makes up part of DCG's sprawling crypto empire, suspended customer redemptions in its lending business, blaming the sudden FTX meltdown. DCG, last year
"There has been a target on Genesis's back for days," Joseph Edwards, an investment partner at Securitize Capital,, adding it's"a signal of worse outcomes" for the crypto market due to Genesis' close links with brokers, family offices and money managers. "Genesis had been exploring all possible options amidst the liquidity crunch resulting from the FTX news," a company spokesperson told the."After reviewing a number of options, we made the difficult decision to temporarily suspend redemptions and new loan originations in the lending business so that we can identify the best solution and outcome possible for clients."
ایران آخرین اخبار, ایران سرفصلها
Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.
Oak Lawn OKs $10 million lawsuit settlement stemming from hit-and-run involving retired village managerOak Lawn will pay $10 million to settle a lawsuit stemming from a 2019 hit-and-run crash in which Larry Deetjen, at the time village manager, struck a man with his village vehicle.
ادامه مطلب »
Volvo Group Awarded $10 Million To Electrify Transportation In South BronxVolvo Group North America today announced that it received a $10 million award from NYSERDA to introduce clean transportation solutions to Hunts Point in the South Bronx.
ادامه مطلب »
Ohio man charged with running alleged $10 million cryptocurrency Ponzi schemeA New Albany, Ohio man was arrested Friday on charges of wire fraud. Rathnakishore Giri is accused of running a cryptocurrency Ponzi scheme worth at least $10 million, the Justice Department announced.
ادامه مطلب »
Ohio man charged with $10 million cryptocurrency fraud schemeRathnakishore Giri, 27, has a history of defrauding investors, the Justice Department alleged.
ادامه مطلب »
COP27 host Egypt aims to share climate finance modelCOP27 host Egypt has secured nearly $10 billion in funding in ways it hopes can provide a template for other developing nations to obtain climate-related finance, its international cooperation minister said.
ادامه مطلب »
Scaramucci's SkyBridge Reportedly Bought $10M of FTT in Acquisition Deal With FTXAnthony Scaramucci invested $10 million into FTT when FTX Venture acquired a 30% stake in SkyBridge Capital.
ادامه مطلب »