Breaking: Crypto lender Genesis Global halts withdrawals
The troubled firm is also acting as the liquidity provider of Grayscale Bitcoin Investment Trust.
The troubled firm is also acting as the liquidity provider of Grayscale Bitcoin Investment Trust.
Hi there, We are aware that Genesis Global Capital, LLC (Genesis) — the lending partner of the Earn program — has paused withdrawals and will not be able to meet customer redemptions within the service-level agreement (SLA) of 5 business days. We are working with the Genesis team to help customers redeem their funds from…
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As you probably all know, SBF/FTX/Alameda were the largest backers of Solana, and provided funding for pretty much every large project built on Solana. They were a massive part of its ecosystem and contributed significantly to its rise; listed the Solana token on its front page, would often be the first exchange to list Solana-based…
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submitted by /u/Far-Scholar9028 [link] [comments]
The infamous Mt. Gox Bitcoin hack cost the same in U.S. dollar terms as FTX emptying its 20,000 BTC balance.
Fortunately AutoMod deletes it in a short time, but some people may still fall for it. Every day there’s more than one attempt of the scammer to post it here. It claims to be giving away NFTs of luxury cars for free and gives links for you to connect your MetaMask and/or other wallets. Once…
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