Genesis

Tariffs Drive Automakers to Adapt Quickly as Consumer Costs Climb

Tariffs Drive Automakers to Adapt Quickly as Consumer Costs Climb
Tariffs Drive Automakers to Adapt Quickly as Consumer Costs Climb
April 04, 2025  |  Economy

Likely no business vertical will emerge unscathed from the latest round of tariffs imposed by the President Donald Trump administration, but the automotive industry stands...

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This Week in Web3: ETFs, Scams, More Pushes for Acceptance
This Week in Web3: ETFs, Scams, More Pushes for Acceptance
May 22, 2024  |  Blockchain

Can the world of payments and financial services embrace crypto and move on-chain? Maybe partly, and maybe one day. Ultimately, it all boils down to...

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Bankruptcy Court Approves Genesis Settlement With NY Attorney General
Bankruptcy Court Approves Genesis Settlement With NY Attorney General
May 20, 2024  |  Cryptocurrency

Cryptocurrency firm Genesis has been banned from operating in New York and will pay a settlement worth $2 billion, the Office of the New York State Attorney General (NYAG) said in...

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Genesis’ New Bankruptcy Plan Draws Ire of the Feds
Genesis’ New Bankruptcy Plan Draws Ire of the Feds
November 02, 2023  |  Legal & Regulation

Genesis has altered its bankruptcy plans, and that doesn’t sit well with the federal government. The crypto lender said in a filing last week that it...

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Crypto-Trading Firm Genesis Halts International Spot and Derivatives Trading
Crypto-Trading Firm Genesis Halts International Spot and Derivatives Trading
September 14, 2023  |  Cryptocurrency

Cryptocurrency-trading business Genesis has stopped all its trading operations.  The company is closing its international spot and derivates trading operation, after shutting down its U.S....

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Crypto Collapse Yields $700 Million Payday for Turnaround Specialists
Crypto Collapse Yields $700 Million Payday for Turnaround Specialists
September 06, 2023  |  Cryptocurrency

The bankruptcies of five major cryptocurrency firms have been a boon for corporate turnaround specialists. That’s according to a report published Tuesday (Sept. 5) by...

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Crypto’s Lapses Hold Big Industry Lessons
Crypto’s Lapses Hold Big Industry Lessons
February 16, 2023  |  Cryptocurrency

For the cryptocurrency industry to grow, sector foibles can’t keep looking so avoidable in retrospect. This, as a recent class action lawsuit filed in California...

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Crypto Bank Silvergate Says Genesis Exposure ‘Minimal’
Crypto Bank Silvergate Says Genesis Exposure ‘Minimal’
January 22, 2023  |  Cryptocurrency

Crypto-centric bank Silvergate said its exposure to bankrupt lender Genesis has been limited. The bank made this announcement in an update Friday (Jan. 20), one...

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