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Crypto lending firm – Genesis – reportedly sought an emergency loan of $1 billion from investors before notifying its clients of suspending redemptions this week. According to The Wall Street…
Following Blockfi, Liquid Global, and Salt Lending halting withdrawals, reports indicate that Genesis Global Trading’s lending unit has halted customer withdrawals. Genesis’ interim chief executive officer Derar Islim said that…
There are still pockets of hope, however, with some companies looking to expand despite the market conditions.
Genesis Trading soldiers on after confirming 3AC exposure, while parent company Digital Currency Group assumes a portion of liability after losses.
Targeting a hard cap of $100 million, the OP FoF I fund is expected to close by the end of Q3, OP Crypto’s COO Lucas He said.
On May 6, the financial services company Robinhood announced the firm has listed Grayscale’s Bitcoin Trust (GBTC) and Ethereum Trust (ETHE). Robinhood customers can now gain access the crypto investment…
On Thursday, the payments and checkout and shopper network, Bolt has announced the firm plans to acquire the digital currency provider Wyre in a $1.5 billion deal. Bolt has explained…
The assets of seven smart contract platforms have been included in the fund: ADA, SOL, AVAX, DOT, MATIC, ALGO and XLM.
Citadel Securities will enter the crypto market, CEO Ken Griffin confirmed. DCG announced a $250 million share repurchase for Grayscale products.
The share repurchase program centers around Grayscale's Litecoin, Zcash and Horizon investment products.