In addition to the previously reported group of Gemini customers owed $900 million, there are two other groups of Genesis creditors being represented by lawyers, CoinDesk has learned. Author: Ian Allison
Archives for December 2022
A European Central Bank Blog Decries the End of Bitcoin, and We Aren’t Buying It
Plus: What happens when you go from bitcoin-only to … not? Crypto Long & Short is CoinDesk’s weekly newsletter featuring insights, news and analysis for the professional investor. Author: George Kaloudis
Crypto Markets Today: Galaxy Digital Expands Brokerage Services With GK8 Acquisition
The cryptocurrency-focused financial services firm won an auction to buy the company from crypto lender Celsius, which filed for Chapter 11 bankruptcy protection. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets. Author: Jocelyn Yang
Alameda Research Shouldered FTX Loss of Up to $1B Following Client’s Leveraged Trade in 2021: FT
Alameda Research bore the brunt of a $1 billion loss incurred by its sister firm FTX after a leveraged trade on the now bankrupt crypto exchange backfired early last year, the Financial Times reported Friday. Author: Jamie Crawley
Crypto Exchange Zipmex Secures Creditor Protection Extension as Court Sets Deal Deadline
Zipmex, the South Asian exchange that froze withdrawals due to a shortfall in liquidity earlier this year, has secured creditor protection for all of its entities until April next year, according to an update on the company’s website. Author: Oliver Knight
