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genesis

CDCROP: Stable Stability Balance (Unsplash)
Bitcoin Holds Steady Over $16K Amid Widening FTX Fallout
Bitcoin has been trading flat this week, even as more companies admit exposure to crypto exchange FTX, which has filed for Chapter 11 bankruptcy protection.
CDCROP: Stable Stability Balance (Unsplash)

(zhuweiyi49/Getty Images, modified by CoinDesk)
Genesis and Gemini Earn Halt Withdrawals as FTX Contagion Spreads
Plus, a look at Apple’s plans to move semiconductor manufacturing onshore.
(zhuweiyi49/Getty Images, modified by CoinDesk)

Bitcoin and most other digital assets declined on Wednesday after crypto financial firm Genesis announced that it was temporarily suspending redemptions and new loan originations. (Source: CoinDesk)
Crypto Market Slides After Genesis Withdrawal Halt, but Big Investors May Hunt for Bargains
Most digital assets traded lower on Wednesday as another crypto firm gets hit by the FTX contagion, although institutional investors may be looking for bargains.
Bitcoin and most other digital assets declined on Wednesday after crypto financial firm Genesis announced that it was temporarily suspending redemptions and new loan originations. (Source: CoinDesk)

(Genesis Trading, modificado por CoinDesk)
B2C2 se ofrece a comprar préstamos de una unidad de Genesis
La rama de préstamos de la empresa financiera de criptomonedas Genesis canceló los retiros en las primeras horas del miércoles por el impacto del colapso de FTX.
(Genesis Trading, modificado por CoinDesk)

B2C2 offers to purchase loans from Genesis (Genesis Trading, Modified by CoinDesk)
Market Maker B2C2 Offers to Buy Loans From Genesis Crypto-Lending Unit
The lending arm of the crypto financial firm Genesis halted customer withdrawals earlier Wednesday, citing the impact of the collapse of FTX.
B2C2 offers to purchase loans from Genesis (Genesis Trading, Modified by CoinDesk)

(Genesis Trading, modificado por CoinDesk)
La unidad de préstamos de Genesis detuvo los retiros por el colapso de FTX
La rama, conocida como Genesis Global Capital, atiende a una base de clientes institucionales y, para finales del tercer trimestre del 2022, tenía US$2800 millones en préstamos activos totales.
(Genesis Trading, modificado por CoinDesk)

CDCROP: GENESIS Logo Photomosh (Genesis Trading, Modified by CoinDesk)
Genesis’ Crypto-Lending Unit Is Halting Customer Withdrawals in Wake of FTX Collapse
The unit, known as Genesis Global Capital, serves an institutional client base and had $2.8 billion in total active loans as of the end of the third quarter of 2022.
CDCROP: GENESIS Logo Photomosh (Genesis Trading, Modified by CoinDesk)

Barry Silbert. CEO y fundador de Digital Currency Group.
Digital Currency Group aporta US$140M a la empresa de trading Genesis
Genesis informó que su negocio de derivados actualmente tiene alrededor de US$175 millones en fondos bloqueados en su cuenta de trading de FTX.
Barry Silbert. CEO y fundador de Digital Currency Group.

CDCROP: FTX CEO Sam-Bankman-Fried (Danny Nelson/CoinDesk)
Who Still Has Exposure to FTX?
Genesis, Wintermute, Multicoin and more – a running list of those with continued exposure to the embattled cryptocurrency exchange.
CDCROP: FTX CEO Sam-Bankman-Fried (Danny Nelson/CoinDesk)