Genesis

Genesis Tells Clients It’s Working to Preserve Assets
Genesis Tells Clients It’s Working to Preserve Assets
January 04, 2023  |  Cryptocurrency

Genesis told clients it needs more time to fix its borrowing and lending intermediation business. “We remain focused on finding a solution for our borrowing...

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Crypto Exchange Gemini Seeks to Recover $900M Invested in Genesis
Crypto Exchange Gemini Seeks to Recover $900M Invested in Genesis
December 04, 2022  |  Cryptocurrency

Crypto broker Genesis owes $900 million to the Winklevoss twins’ Gemini exchange. A report Saturday (Dec. 3) by the Financial Times (FT) says brothers Tyler...

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Crypto Brokerage Genesis Tries to Raise Funds and Eyes Bankruptcy
Crypto Brokerage Genesis Tries to Raise Funds and Eyes Bankruptcy
November 22, 2022  |  Cryptocurrency

Cryptocurrency brokerage Genesis has reportedly said it may file for bankruptcy if it doesn’t raise at least $1 billion in new funding.  The firm has...

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Crypto Contagion Sends Coins and Companies Tumbling
Crypto Contagion Sends Coins and Companies Tumbling
November 22, 2022  |  Cryptocurrency

FTX continues to be an industry “market maker” from beyond the grave, as the realities of entangled counterparty risk rear their heads throughout the cryptocurrency...

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Genesis to Get $140M Equity Infusion from Parent Company
Genesis to Get $140M Equity Infusion from Parent Company
November 11, 2022  |  Cryptocurrency

Cryptocurrency brokerage Genesis will reportedly get an equity infusion of $140 million from its parent company to strengthen its balance sheet after saying its derivatives...

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Genesis Cuts Staff 20% Staff as CEO Michael Moro Exits, COO Named Interim Exec
Genesis Cuts Staff 20% Staff as CEO Michael Moro Exits, COO Named Interim Exec
August 17, 2022  |  Cryptocurrency

In a workforce and leadership shakeup, crypto brokerage Genesis is cutting 20% of its staff as CEO Michael Moro stepped down and Chief Operating Officer...

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Today in Crypto: Crypto Firms Offer High Pay to Lure UK Cybercrime Police; Crypto Broker Reports Falling Q1 Lending
Today in Crypto: Crypto Firms Offer High Pay to Lure UK Cybercrime Police; Crypto Broker...
May 01, 2022  |  Cryptocurrency

Coinbase is debuting features to add compliance support, according to a company blog post published April 28. The feature, called Coinbase Know Your Transaction, will...

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Apple Digital Car Keys Coming to Hyundai, Genesis Models this Summer
Apple Digital Car Keys Coming to Hyundai, Genesis Models this Summer
January 17, 2022  |  Apple

Apple’s digital car key technology that opens and starts vehicles with a device app is coming to Hyundai and Genesis this summer and could be...

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Bitcoin Daily: Gemini, Genesis Offer 7.4 Pct APY On Crypto Holdings; Darknet Markets Hit $1.7 Billion In Crypto In Revenue
Bitcoin Daily: Gemini, Genesis Offer 7.4 Pct APY On Crypto Holdings; Darknet Markets Hit $1.7...
February 02, 2021  |  Bitcoin

Crypto exchange Gemini is partnering with digital currency lender Genesis to give its users 7.4 percent annual percentage yield (APY) on their digital holdings, CoinDesk...

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