Crypto billionaires lost $116M since March: Report
The loss represents the collective personal equity of 17 people in the space, including 15 who have lost over half of their fortunes since March.
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Gemini Forms Creditors Committee With Houlihan Lokey to Resolve Genesis Liquidity Issues
Roughly two weeks ago a report from the Financial Times (FT) claimed Genesis Global Capital owed $900 million to Gemini customers and the publication’s sources noted that the exchange was…
Stablecoin BUSD’s Supply Shrunk by 3.24 Billion in 3 Days, Market Cap Is Down 20% Since Last Month
While billions of dollars in crypto assets have been withdrawn from Binance, the world’s largest exchange in terms of volume, the stablecoin BUSD has seen its coins in circulation drop…
Crypto users claim Gemini email leak occurred much earlier than first reported
Alleged reports of compromised emails began appearing as early as October.
Gemini allegedly suffered data breach; 5.7 million emails leaked
Users' emails, account numbers, and partial phone numbers were allegedly leaked.
Troubled Crypto Firm Genesis Owes Gemini’s Customers $900 Million (Report)
The cryptocurrency brokerage platform – Genesis – and its parent company Digital Currency Group (DCG), reportedly owe customers of Gemini approximately $900 million. Genesis has been coping with severe issues…
Bitcoin’s Third Largest Wallet Changed Hands, but Onchain Data Shows It’s Likely the Same Owner
Last year and during the first half of 2022, speculators assumed the third-largest bitcoin address was a ‘mysterious whale,’ even though the wallet had shown strong characteristics of being a…
Report: Genesis Owes Gemini Customers $900 Million, Exchange Is Attempting to Recoup Assets
According to a recent report from the Financial Times (FT), Genesis Global Capital allegedly owes $900 million to Gemini customers. The exchange operated by Cameron and Tyler Winklevoss is attempting…
Crypto lender Genesis allegedly owes $900M to Gemini’s clients: Report
The issue is tied to the Gemini Earn program, which offers 8% earn interest on crypto lending and is operated by Gemini in partnership with Genesis.
Gemini gets regulatory greenlight in Italy, Greece amid lending halt
Winklevoss’ Gemini exchange received the latest regulatory approvals days before its lending product Gemini Earn faced major issues.
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