dcg

Marcus Swanepoel, founder and CEO of Luno
Crypto Exchange Luno Cutting 35% of Its Staff
Luno said the cuts will affect employees in all regions.
Marcus Swanepoel, founder and CEO of Luno

A Genesis booth at the FTX conference in the Bahamas (Danny Nelson/CoinDesk)
Lawyers for Genesis and Its Creditors Are ‘Optimistic’ for a Quick Resolution to Bankruptcy Woes
Attorneys from all parties at Monday’s First Day hearing lauded “around-the-clock” efforts undertaken to resolve the brokerage’s disputes with its creditors.
A Genesis booth at the FTX conference in the Bahamas (Danny Nelson/CoinDesk)

CDCROP: God separated the light from the darkness (Genesis 1), published 1878 (Getty Images)
A Dive Into 0xd62, a Genesis OTC Wallet That’s Moving Money
It just had one of the biggest movements of ETH ever, just as its corporate sibling filed for bankruptcy. Its big transfers tend to coincide with big events at the company.
CDCROP: God separated the light from the darkness (Genesis 1), published 1878 (Getty Images)

CDCROP: Genesis logo (Genesis Trading)
First Hearing in Genesis Bankruptcy Case Set for Monday
Genesis filed for bankruptcy late Thursday.
CDCROP: Genesis logo (Genesis Trading)

(Eric Snyder, CoinDesk TV)
What's Next for Genesis Creditors? It Depends on What's in the Bankruptcy Filing
It may “take a long time” to figure out Genesis' assets and liabilities, Eric Snyder, partner at Wilk Auslander, told CoinDesk TV.
(Eric Snyder, CoinDesk TV)

CDCROP: GENESIS Logo Photomosh (Genesis Trading, Modified by CoinDesk)
Genesis Claims $5.1B in Liabilities in First-Day Bankruptcy Filing
Three of the institutional crypto brokerage's entities filed for Chapter 11 protection late Thursday.
CDCROP: GENESIS Logo Photomosh (Genesis Trading, Modified by CoinDesk)

Tyler Winklevoss and Cameron Winklevoss, creators of crypto exchange Gemini Trust Co.
Gemini's Cameron Winklevoss Threatens Legal Action Against DCG CEO After Genesis Bankruptcy Filing
The exchange CEO has been involved in a weeks-long public spat with DCG over the repayment of a $900 million loan.
Tyler Winklevoss and Cameron Winklevoss, creators of crypto exchange Gemini Trust Co.

CDCROP: GENESIS Logo Photomosh (Genesis Trading, Modified by CoinDesk)
Genesis' Crypto Lending Businesses File for Bankruptcy Protection
The collapse of FTX in late 2022 was the final straw for Genesis, which earlier that year reportedly suffered losses of several hundred million dollars due to its exposure to failed crypto hedge fund Three Arrows Capital.
CDCROP: GENESIS Logo Photomosh (Genesis Trading, Modified by CoinDesk)

(Tumisu/Pixabay)
Crypto Exchange Luno's Co-Founder Departed in December
Timothy Stranex also served as the company's chief technology officer.
(Tumisu/Pixabay)

Bitcoin reached lows of $20,400 over the last 24 hours.
First Mover Americas: BTC, ETH Drop Amid Genesis Bankruptcy Reports
The latest price moves in crypto markets in context for Jan. 19, 2023.
Bitcoin reached lows of $20,400 over the last 24 hours.