ICYMI: Grayscale says products are operating ‘business as usual’ following Genesis withdrawal freeze
The terminated sponsorship deal with esports giant TSM represents yet another fractured partnership for the fallen crypto exchange.Senate Banking Committee eyes hearing on Sam Bankman-Fried's FTX collapse
A key Senate committee could hold a hearing to investigate the collapse of crypto exchange FTX. The Senate Banking Committee is “working to schedule a hearing and details are forthcoming,” according to a Democratic committee spokesperson. FTX, once valued at $32 billion, filed for bankruptcy protection last week. The push to schedule a Senate hearing […]
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Grayscale Declares 'Business as Usual' Despite Sister Company Genesis Global Capital Suspending Withdrawals.Grayscale told investors that they won't be affected by sister company Genesis Global Capital suspending withdrawals in the wake of FTX_Official's collapse. By JamieCrawleyCD
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Genesis Global Capital suspends redemptions, with impact spreading to GeminiGenesis Global Capital, the lending business of Genesis Trading, temporarily suspended redemptions and new loan originations in the wake of the collapse of the FTX crypto exchange the earlier Three Arrows Capital implosion.
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Report: Genesis Global Trading’s Lending Unit Suspends Withdrawals and New Loan Originations – Bitcoin NewsOn Wednesday, Nov. 16, reports indicate that Genesis Global Trading’s lending unit has halted customer withdrawals.
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Genesis Global halts withdrawals citing 'unprecedented market turmoil'Another one bites the dust? Crypto lender Genesis has halted withdrawals, citing “unprecedented market turmoil.'
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Tether says it has no exposure to Genesis Global or Gemini EarnTether, operator of the USDT stablecoin, has issued reassurances that it has no exposure to firms that have recently frozen withdrawals, and its reserves remain stable.
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