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Tag: earn program

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...

Bankruptcy Judge Orders Celsius to Return $44M in Cryptocurrencies

The U.S. bankruptcy judge responsible for the Celsius Network case has ordered the bankrupt crypto lender to return around $44 million worth of cryptocurrencies. According...

Genesis Owes Creditors At Least $1.8B: Report

Cryptocurrency lending platform Genesis owes $1.8 billion worth of funds to users, according to a report from CoinDesk.On Sunday, sources familiar with the matter...

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...

Crypto lender Genesis allegedly owes $900M to Gemini’s clients: Report

Crypto lender Genesis and its parent company Digital Currency Group (DCG) allegedly owe $900 million to Gemini’s clients, according to a Financial Times report disclosed...

OKX Earn Program: Solid APYs, but What about the Risks?

<!-- --> Even in a bear market there are ways you can earn some yield in crypto. That’s why we are...

Op-Ed: How the crypto industry is responding to the FTX collapse

Millions of cryptocurrency traders who previously used FTX are left wondering if they’ll ever receive their funds after the exchange collapsed...

Coinbase’s Learn and Earn Program

Coinbase’s learn and earn is a great way to earn cryptocurrency for free, while also becoming familiar with the different types of cryptocurrencies. The...

Silbert downplays liquidity crisis, expects $800M revenue in 2022 for DCG

Following rumors of potential contagion from FTX, Digital Currency Group (DCG) CEO Barry Silbert sent shareholders a memo on Nov. 22...

Op-Ed: Could DCG be the catalyst for max pain in the crypto markets?

Following the recent collapse of FTX, the fallout spread to Genesis, which had already been bailed out by parent company Digital...

FTX Contagion is Spreading. Here’s How to Keep Your Crypto Safe

Key Takeaways FTX collapsed last week, shaking the crypto community’s faith in centralized custodians. Holding crypto in self-custody helps users reduce exposure to risky third parties...

Genesis Global Capital Halts Bitcoin, Crypto Withdrawals

Cryptocurrency lender Genesis Global Capital has paused withdrawals and loan applications following the collapse of FTX Exchange, per a tweet from Genesis Trading.Genesis Global...

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