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Tag: originations

Report: State Securities Regulators Probe Crypto Lender Genesis

State securities regulators are reportedly investigating Genesis Global Capital in a broad range probe into the “interconnectedness of crypto firms,” Barron’s reported on...

Barry Silbert Addresses Genesis Liquidity and DCG’s Debt

Digital Currency Group (DCG) CEO Barry Silbert has addressed concerns about its subsidiary Genesis’s loan book and DCG’s ongoing debt to Genesis. In a letter...

Genesis Global Denies Bankruptcy Rumors

.Over the past few weeks, the FTX disaster has taken everybody by surprise. The scandal keeps on shaking the industry in unexpected ways....

Genesis Warns of Bankruptcy If Funding Plans Fail: Report

Genesis Global Trading may be looking at filing for bankruptcy if it doesn’t acquire new funding, Bloomberg reported on Monday.The report, citing people with...

Bitcoin holds steady over $16k amid widening FTX fallout

On Wednesday, the lending arm of Genesis Global Capital joined the list of firms caught in FTX fallout as it halted customer withdrawals. In...

Crypto Lender Genesis Is On The Chopping Block As Contagion Continues

Coinsmart. Europe’s Best Bitcoin and Crypto Exchange.Click Here Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here. Source: https://bitcoinmagazine.com/business/crypto-lender-genesis-contagion-continues

Confidential Doc Reveals Genesis Sought $1B Emergency Loan From Investors: WSJ

Crypto lending firm – Genesis – reportedly sought an emergency loan of $1 billion from investors before notifying its clients of suspending redemptions...

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...

Archblock welcomes END-Labs to TrueFi as Its Newest Portfolio Manager

END-Labs will leverage TrueFi to scale up and fund its asset pools while onboarding more real-world borrowers San Francisco, October, 2022 – Archblock, the core...

TrustToken rebrands as Archblock, to modernize global financial infrastructure under new leadership

Having successfully incubated TrueCurrencies and with the future of the TrueFi protocol now in the hands of the DAO, TrustToken sharpens its focus to...

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