2023-2-8 19:46 |
After weeks of tense back-and-forths, Digital Currency Group, Genesis, and Gemini seem to have reached an agreement as to a possible restructuring planwhich still needs court approval. A Positive Step...
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The Digital Currency Group and Genesis have reached an initial deal with a group of the firm’s main creditors. The agreement involves selling Genesis’ bankrupt entities and refinancing ouThe post DCG and Genesis reach initial deal to restructure plan with creditors appeared first on AMBCrypto.
2023-2-7 14:30 | |
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Cameron Winklevoss, the Co-Founder of Gemini, announced that the company has come to an “agreement in principle” with Genesis late on February 6. The post Gemini comes to agreement with Genesis as Cameron Winklevoss declares $100M contribution appeared first on CryptoSlate.
2023-2-7 02:11 | |
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Digital Currency Group (DCG) appears to have avoided possible bankruptcy as its sister firms, and Genesis subsidiaries, have reached an agreement with creditors to avoid going under. The post DCG Fights Back as Genesis Rises From Possbile Bankruptcy appeared first on BeInCrypto.
2023-2-7 21:53 | |
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Per a report from CoinDesk, crypto lending firm Genesis and its parent company Digital Currency Group (DCG) are moving forward with the former’s bankruptcy process. The companies reached a “principle agreement” to restructure the lending firm.
2023-2-7 21:32 | |
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The deal includes "an equitization of the infamous 10-year promissory note that DCG gave Genesis in return for the 3AC claims," a person familiar with the situation said.
2023-2-7 20:42 | |
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Bitcoin Cash evangelist Roger Ver said on January 25 that he can afford to pay money that he allegedly owes to Genesis, but that he may not need to do so. The post Roger Ver says he can afford to pay Genesis $20M but insolvency changes agreement appeared first on CryptoSlate.
2023-1-26 02:02 | |
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Coinspeaker Gemini Ends Earn Program amid Growing Feud with Genesis The master loan agreement (MLA) between Gemini's customers and Genesis now ceases to exist. Gemini Ends Earn Program amid Growing Feud with Genesis
2023-1-11 11:57 | |
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Claimants allege in a filing that Genesis breached its Master Agreement when it became insolvent in the summer of 2022, while hiding its insolvency from lenders like Gemini.
2023-1-4 07:17 | |
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Claimants allege in a filing that Genesis breached its Master Agreement when it became insolvent in the summer of 2022, while hiding its insolvency from lenders like Gemini.
2023-1-3 07:17 | |
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HIVE Blockchain Technologies and Genesis Mining, today announced that they have reached a settlement agreement which positively resolves prior misunderstandings and disagreements. The agreement was reached with a focus on initiatives which improve communication, transparency and mutually beneficial cooperation between Genesis and HIVE.
2019-7-2 18:30 | |
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Blockchain financial service company Unchained Capital will now offer multi-signature and multi-institution cold storage solutions for borrowers who leverage its crypto-collateralized loans service.
2018-11-2 21:42 | |
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Canada-based HIVE announced that it would launch a cloud mining installation that would start producing cryptocurrencies this September. HIVE Blockchain Technologies announced on Wednesday that it would launch 200 Petahashes (PH) of cloud mining power this September in line with an agreement with Genesis Mining.
2018-9-10 16:01 | |
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HIVE Announces a New Cloud-based ASIC Mining Facility HIVE Blockchain Technologies has recently the launch of 200Petahashes of cloud-based SHA-256 mining power. The launch will be in September. This is part of a prior agreement that the company had with Genesis Mining to add this mining capacity to Sweden. It was decided in December 2017 […]
2018-8-18 20:34 | |
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Genesis Global, the digital assets lender that went bankrupt last year, received court approval to pay billions in cash and crypto to creditors. The judge also rejected a legal challenge from Genesis Global's parent company, DCG.
The bankrupt crypto lender Genesis Global Capital has agreed to a final judgment ordering it to pay $21 million to settle charges with the U.S. Securities and Exchange Commission (SEC) for violating securities laws by offering and selling its now-defunct Gemini Earn program, the SEC announced Tuesday.
Winklevoss’ crypto exchange Gemini was exploring an option to merge with crypto broker Genesis to compete with Coinbase and FTX. In October 2022, just a month before FTX filed for bankruptcy, Gemini co-founder Cameron Winklevoss discussed at a lunch with…
Crypto exchange Gemini said Earn users would receive “100% of their digital assets back in kind” following an in-principle agreement with bankrupt Genesis and other creditors of the failed lender, according to a Feb.
Quick Take In a wild 24-hour ride, Bitcoin’s value underwent a rollercoaster of fluctuations, skyrocketing to a peak of $64,000, subsequently plunging to $59,000, before making a recovery to above $60,000.
Digital Currency Group (DCG) opposes the settlement between the New York Attorney General and Genesis. DCG filed a new application following an agreement with the prosecutor and Genesis, a bankrupt crypto lender that was one of DCG’s companies. Company executives…
The crypto community has been abuzz with discussions surrounding Genesis’ intent to sell approximately 36 million shares of Grayscale Bitcoin Trust (GBTC), a move valued around $1.5 billion. This announcement stoked fears of a potential market downturn, reminiscent of the apprehensions following the FTX bankruptcy estate’s sale of over $1 billion worth of GBTC. However, a […]