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Gemini will contribute up to $100M to Genesis' bankruptcy recovery, mainly for its Earn users, who had ~$900M of assets frozen when Genesis paused withdrawals (CNBC)

February 7, 2023
Photo of Gemini will contribute up to $100M to Genesis' bankruptcy recovery, mainly for its Earn users, who had ~$900M of assets frozen when Genesis paused withdrawals (CNBC)

[ad_1] CNBC: Gemini will contribute up to $100M to Genesis’ bankruptcy recovery, mainly for its Earn users, who had ~$900M…

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Technology

Sources: Winklevoss twins' Gemini crypto exchange is trying to recover $900M owed to it by Genesis Global and Genesis' parent company Digital Currency Group (Financial Times)

December 3, 2022
Photo of Sources: Winklevoss twins' Gemini crypto exchange is trying to recover $900M owed to it by Genesis Global and Genesis' parent company Digital Currency Group (Financial Times)

[ad_1] Financial Times: Sources: Winklevoss twins’ Gemini crypto exchange is trying to recover $900M owed to it by Genesis Global…

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Technology

Genesis' crypto lending unit, which had $2.8B in active loans in Q3, suspends redemptions and new loan originations; trading and custody units are unaffected (Nelson Wang/CoinDesk)

November 16, 2022
Photo of Genesis' crypto lending unit, which had $2.8B in active loans in Q3, suspends redemptions and new loan originations; trading and custody units are unaffected (Nelson Wang/CoinDesk)

[ad_1] Nelson Wang / CoinDesk: Genesis’ crypto lending unit, which had $2.8B in active loans in Q3, suspends redemptions and…

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