Auto Added by WPeMatico

JPMorgan: We Are Bullish on Digital Assets Into 2025

Global investment bank JPMorgan is bullish on cryptocurrency into 2025, driven by regulatory shifts and geopolitical tensions. Analysts suggest a Donald Trump re-election as the U.S. president could propel BTC…

Continue ReadingJPMorgan: We Are Bullish on Digital Assets Into 2025

New York Recovers $50 Million From Gemini — Bans the Exchange From Crypto Lending in the State

New York Attorney General Letitia James has secured a $50 million settlement from cryptocurrency exchange Gemini for Earn program investors. This settlement ensures that all defrauded investors will fully recover…

Continue ReadingNew York Recovers $50 Million From Gemini — Bans the Exchange From Crypto Lending in the State

$2.18 Billion Digital Assets in Kind Returned to Earn Users, Gemini Says

Cryptocurrency exchange Gemini announced on Wednesday that Earn users have received $2.18 billion of their digital assets in kind, representing 97% of their assets owed and a 232% recovery since…

Continue Reading$2.18 Billion Digital Assets in Kind Returned to Earn Users, Gemini Says

NY Attorney General Secures $2 Billion Settlement With Bankrupt Crypto Lender Genesis

New York Attorney General Letitia James has secured a $2 billion settlement with bankrupt cryptocurrency firms Genesis Global Capital, Genesis Asia Pacific, and Genesis Global Holdco. The settlement, which requires…

Continue ReadingNY Attorney General Secures $2 Billion Settlement With Bankrupt Crypto Lender Genesis

Court Approves Crypto Lender Genesis’ $3 Billion Payout to Customers

Crypto lender Genesis Global obtained court approval Friday to return approximately $3 billion to its customers as part of its bankruptcy liquidation. U.S. Bankruptcy Judge Sean Lane approved Genesis’ Chapter…

Continue ReadingCourt Approves Crypto Lender Genesis’ $3 Billion Payout to Customers

Genesis Sells Grayscale Shares, Buys $2.17 Billion in Bitcoin for Customer Reimbursement

Following Genesis Global Capital’s receipt of authorization to divest its Grayscale fund holdings, reports disclose that Genesis executed the sale last week. The proceeds were then used to procure 32,041…

Continue ReadingGenesis Sells Grayscale Shares, Buys $2.17 Billion in Bitcoin for Customer Reimbursement

Unlocking Crypto History: 2,000 ETH From Ethereum’s Genesis Days Suddenly Moved

In recent weeks, Bitcoin.com News has chronicled the significant number of dormant bitcoin addresses that have sprung to life in March after years, if not a decade, of inactivity. Similarly,…

Continue ReadingUnlocking Crypto History: 2,000 ETH From Ethereum’s Genesis Days Suddenly Moved

Crypto Lender Genesis Agrees to $21 Million SEC Fine, Funds to Await Bankruptcy Claim Settlements

Genesis Global Capital has settled with the U.S. Securities and Exchange Commission (SEC) and agreed to pay a $21 million civil penalty. The SEC further disclosed that the regulator will…

Continue ReadingCrypto Lender Genesis Agrees to $21 Million SEC Fine, Funds to Await Bankruptcy Claim Settlements