Crypto firm Genesis says it has “no plans to file bankruptcy imminently”

#News

Crypto firm Genesis says it has “no plans to file bankruptcy imminently”

Genesis, a digital assets financial services firm, may be in hot water as it looks to raise fresh capital for its lending unit or potentially face bankruptcy if it can’t, according to a report by Bloomberg. Genesis was facing a liquidity crisis after FTX collapsed, which “created unprecedented market turmoil, resulting in abnormal withdrawal requests […]

Crypto firm Genesis says it has “no plans to file bankruptcy imminently” by Jacquelyn Melinek originally published on TechCrunch

Crypto firm Genesis says it has “no plans to file bankruptcy imminently”

2022-11-22 08:03

12 views

Same Tag Posts

  1. MIT’s soft robotic system is designed to pack groceries ()
  2. Gemini’s data-analyzing abilities aren’t as good as Google claims ()
  3. The biggest data breaches in 2024: 1B stolen records and rising ()
  4. Apple finally supports RCS in iOS 18 update ()
  5. YC alum Fluently’s AI-powered English coach attracts $2M seed round ()
  6. NASA and Boeing deny Starliner crew is ‘stranded’: “We’re not in any rush to come home” ()
  7. Forget the debate, the Supreme Court just declared open season on regulators ()
  8. Robotics investments are gaining speed after post-pandemic slowdown ()
  9. Hebbia raises nearly $100M Series B for AI-powered document search led by Andreessen Horowitz ()
  10. Agility’s humanoid robots are going to handle your Spanx ()

Same Category Posts