Crypto Investment Firm DCG Gives $140M Equity Infusion to Trading Firm Genesis
Crypto investor Digital Currency Group (DCG) is giving an equity infusion of $140 million to Genesis Global Trading, a...
What is Genesis Block?
Genesis Block is the name given to the first block mined on the Bitcoin blockchain. It means the starting...
Genesis Chief Risk Officer Said to Be Exiting After 3 Months
Genesis Trading has lost its newly appointed chief risk officer Michael Patchen after just three months in the job,...
Grayscale Takes Over Key Role for Bitcoin Trust, Other Products From Genesis
Crypto asset management firm Grayscale Investments, which offers the world’s biggest bitcoin (BTC) trust, is bringing a key administrative...
Genesis Digital Reaches 708 MW Capacity
Genesis Digital Assetsreached 708 megawatts (MW) of capacity for Bitcoin mining in the first six months of 2022. Bitcoin...
Stake in Crypto Exchange Deribit Becomes Disputed Asset in Three Arrows Bankruptcy
As Three Arrows Capital, the troubled crypto hedge fund, struggles through liquidation proceedings in the British Virgin Islands and...
Genesis Global Issued $2.36B in Undercollateralized Loans to Three Arrows Capital
Crypto prime brokerage Genesis made $2.36 billion in loans to the now insolvent Three Arrows Capital (3AC), according to...
Genesis Confirms 3AC Exposure, DCG Assistance
Genesis Trading CEO Michael Moro on Wednesday said Three Arrows Capital (3AC) was the large counterparty that failed to...
Genesis Faces ‘Hundreds of Millions’ in Losses as 3AC Exposure Swamps Crypto Lenders: Sources
Cryptocurrency market maker and lending firm Genesis Trading is facing potential losses into the “hundreds of millions,” according to...
Famous Company Parks Tens of Millions in This Altcoin!
Genesis, one of the largest lending and trading companies in the bitcoin and altcoin market, is contributing $75 million...