Nexo Agrees to Pay $45 Million in Fines to US Authorities
Back in September, the Californian DFPI and other U.S. regulators ordered Nexo to desist from offering Earn Interest Products (EIP), which in the company’s case took the form of…
Bitcoin, Ether Hold Steady After Genesis’ Bankruptcy, Crypto Traders Say Bad News Was Priced In
The path of least resistance for crypto is on the higher side, one observer said, drawing attention to bitcoin’s tendency to carve out double-digit gains during the Chinese New Year…
Cameron Winklevoss Threatens Legal Action Against DCG CEO After Genesis Bankruptcy
The Gemini CEO has been involved in a weeks-long public spat with DCG over the repayment of a $900 million loan. The Gemini CEO has been involved in a…
Genesis Owes Over $3.5B to Top 50 Creditors
Genesis has over 100,000 creditors between the of its companies that declared bankruptcy. Genesis has over 100,000 creditors between the of its companies that declared bankruptcy. Read the full…
DCG’s Subsidiary Genesis Global Files for Chapter 11 Bankruptcy
Digital Currency Group (DCG) subsidiary Genesis has finally filed for Chapter 11 bankruptcy in the Southern District of New York (SDNY) court late Thursday night. The platform was engaged…
HNT Balloons As Token Gets 36% More Helium In Run-Up To Network Migration
Helium’s native token HNT has been bloating in price since the start of the year. According to CoinGecko, the token is up more than 36% in the past week.…
Genesis’ Crypto Lending Businesses Files for Bankruptcy Protection
The collapse of FTX was the final straw for Genesis, which earlier this year suffered losses of several hundred million dollars due to its exposure to failed crypto hedge fund…
Bitcoin Price Bulls In Check, Signs of Fresh Increase above $21.5K
Bitcoin price is attempting a fresh increase above the $21,200 resistance zone. BTC could gain bullish momentum if there is a clear move above the $21,500 resistance. Bitcoin corrected…
First Mover Asia: Bitcoin Returns to Its Winning Ways
ALSO: Shaurya Malwa writes about Singapore asset management firm Cobo’s initiative to introduce separate custodian, clearing and settlement services to crypto; Bitcoin’s price rises back past $21K. ALSO: Shaurya…
Solana Blockchain SOL Token Doubles From FTX-Crash-Induced Lows, but Will It Continue to Rebound?
SOL’s price has surged 114% so far this year, slowly recovering from losses from early November. Crypto traders and analysts are navigating the prospects for the Solana community. SOL’s…