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” Genesis tells clients it needs more time on financial woes after Gemini demands action “ Derar Islim, interim CEO of crypto market maker and lender Genesis, has sent a letter to clients updating them on the company’s efforts to prop up its finances and resume withdrawals and new lending. The letter, sent on Jan….
” Grayscale ETH trust nears record 60% discount as nerves continue over DCG “ The Grayscale Ethereum Trust (ETHE) is trading at nearly a 60% discount to the underlying value of its assets, with shares falling 93% from its Jun. 2019 all-time high (ATH). There are many reasons behind the ongoing decline, but in recent…
” 3 reasons why it could be a rocky week for Bitcoin, Ethereum and altcoins “ Continuing with 2022’s trend, there is a lack of positive excitement in the crypto market. While Bitcoin (BTC) and altcoins have remained stagnant to start 2023, there are a few reasons why volatility could spike in January. Market caps…
” Crypto billionaires lost $116M since March: Report “ The bear market and the wave of bankruptcies in the crypto industry drained $116 billion from the pockets of founders and investors in the past nine months, according to recent estimates by Forbes. The loss represents the combined personal equity of 17 people in the space,…
” Genesis and DCG seek path for the recovery of assets amid liquidity issues “ The co-founder of Gemini, Cameron Winklevoss, shared in an update on Twitter that global investment bank Houlihan Lokey had devised a plan on behalf of the creditor committee to resolve the liquidity issues at Genesis and its parent company Digital…
” Crypto users claim Gemini email leak occurred much earlier than first reported “ “Not handled well,” was how one user described the revelations brought forth by Cointelegraph on Dec. 14 with regards to a leak of 5.7 million Gemini customers’ email addresses and partial phone numbers. Shortly after publication, multiple users reached out to…
” Gemini allegedly suffered data breach; 5.7 million emails leaked “ Cryptocurrency exchange Gemini appears to have suffered a data breach on or before Dec. 13. According to documents obtained by Cointelegraph, hackers gained access to 5,701,649 lines of information pertaining to customers’ account numbers, email addresses, and partial phone numbers. In the case of…
” Crypto lender Genesis allegedly owes $900M to Gemini’s clients: Report “ Own this piece of crypto history If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites. For forums sites go to Forum.BuradaBiliyorum.Com If you want…
” Gemini gets regulatory greenlight in Italy, Greece amid lending halt “ Winklevoss brothers’ cryptocurrency exchange Gemini continues expanding in Europe, announcing new regulatory approvals in Italy and Greece. Gemini has registered as a virtual currency operator with Italy’s payments services regulator, the Organismo Agenti E Mediatori (OAM), the firm announced on Nov. 30. The…
” US crypto exchanges lead Bitcoin exodus: Over $1.5B in BTC withdrawn in one week “ Bitcoin (BTC) has flooded out of exchanges in the past week as users become wary of security and regulatory scrutiny. Data from on-chain monitoring resource Coinglass shows United States exchanges in particular seeing heavy BTC balance reductions. U.S. exchanges…