Crypto lender Genesis just filed for bankruptcy. Here are the biggest creditors

After weeks of standoffs with customers and regulators, the lending arm of the crypto firm Genesis filed for Chapter 11 bankruptcy late on Thursday night. Genesis, which is part of Barry Silbert’s Dig...

Polkadot Defies Decline And Challenges Resistance At $6

Jan 21, 2023 at 11:30 // Price The price of Polkadot (DOT) is in the bullish trend zone and starts a new rise. Polkadot price long-term analysis: bullish On January 14, the previous trend ended ...

Why is Monero falling? Investors dump Dash, and Snowfall Protocol gains traction as top 5 investment of 2023

The crypto market is back up again, and many cryptocurrencies are regaining their value gradually. However, it is normal to see weak cryptocurrencies drop in value while others are bullish. Recently, ...

Sundance Film Festival embraces blockchain and crypto film initiatives

Web3 technologies continue to infiltrate various mainstream industries to bring innovation to old systems. This includes legacy creative fields such as the music industry and, more recently, the film ...

SOL Trading at Key Resistance Level After Double-Digit Gain

Solana is on the number one spot on CoinMarketCap’s trending list. The altcoin’s price has risen 5.18% over the last 24 hours. SOL’s price is now trading near a key resistance level at $25.84. Solana ...

Court documents show Genesis had $5.1B in liabilities 

Bankruptcy court documents filed by Genesis interim CEO Derar Islim show that the now-defunct crypto lending platform owed $5.1 billion to its creditors weeks before it paused withdrawals following th...

XRP Reclaims $0.41, Beats ADA To Become Most Traded Token Among Top 100 BSC Whales

– Advertisement – XRP recently overtook ADA to secure the much-coveted position. XRP has overtaken Cardano (ADA) to become the most traded token among the top 100 whales on the Binance Sma...

All you need to know about Porsche’s latest NFT collection – Cryptopolitan

Luxury brands have continued to offer their services on Web3 as the world has continued to grow digital. Porsche has been one of the leading names in this regard which continued to serve its customers...

Donald Trump’s NFT Collection Sales Volume Jumps 800%

4 hours ago | 2 mins read NFT News Daily sales increased by approximately 800%, from about $34,000 to over $306,000. Each day, more NFTs were exchanged, but the average price also increased. In its in...

Crypto bank Silvergate reveals $2.5M exposure to Genesis

Silvergate Capital, the parent company of Silvergate Bank, revealed limited exposure to Genesis Global Capital in a press release published on Jan. 20. Silvergate said it had less than $2.5 million de...

Gemini, Hedge Funds, and a DeFi App: Bankrupt Genesis Reveals List of Creditors

Defunct crypto broker Genesis has revealed the largest creditors in its recent Chapter 11 bankruptcy filing, with crypto exchange Gemini taking the top spot, with a disputed debt of roughly $765.9 mil...

Bitcoin briefly hits $23,000, remains at highest point since August

Bitcoin’s price briefly rose past $23,000 on Saturday morning, settling at its highest point since August ahead of the Lunar New Year celebration in Asia. It was trading at $22,741 at 6 a.m. ET....

Bitcoin Soars Beyond $23k as Whales Accumulate $1.46B

Flagship digital asset Bitcoin surged past $23,000 for the first time since August 2022, continuing its bullish start to 2023. Coinglass data showed that BTC’s rally liquidated $112.2 million in short...

Crypto scams are experiencing a dramatic decline

The fight against crypto scams in 2022 was so strong that the number of dollars extorted from victims decreased.  456.8 million is the amount extorted by ransomware in 2022, down from $756.6 million i...

Sam Bankman-Fried tweets away while under house arrest

FTX founder and former CEO Sam Bankman-Fried apparently cannot resist weighing in on his cryptocurrency exchange’s bankruptcy proceedings as he awaits trial on several federal charges linked to ...

PBoC Launches Digital Yuan Smart Contract Functionality on E-Commerce App Meituan

The Chinese central bank has launched smart contract functionality for its digital yuan amid new use cases. China recently launched smart contract functionality on its digital yuan via one of its prom...

Genesis Expected To File For Bankruptcy This Week

Join Our Telegram channel to stay up to date on breaking news coverage Genesis Global Capital, a troubled crypto lending company, plans to file for bankruptcy as early as this week. Genesis faceds a l...

Why Are Insiders Buying These 2 Stocks?

When the market closes today, the cash portion of my portfolio will surge past 40% as myriad covered call positions expired in the money. That means I will have to do a lot of research in the weeks an...

Solana Entered the Top 10 While Aptos Price Leads the Top Gainers! Has AltSeason Began?

The global market capitalization has just reclaimed the $1 trillion mark with a massive jump of 6.31% compared to the last trading day. Bitcoin price soared beyond $22,500, while Ethereum price is hea...

Crypto Analysts Warn Against Shorting DYDX Ahead of $200M Token Unlock

Perpetuals-focused decentralized exchange dYdx is set to unlock 150 million or about $200 million worth of its native token, DYDX, on Feb. 2, which could be a potential shorting opportunity for trader...

FTX Founder to Forfeit $700 Million

According to recent documents filed in court, in the event that disgraced FTX founder Sam Bankman-Fried (also known as SBF) is found guilty of fraud, he will be required to relinquish assets valued at...

Aptos, Dogecoin, and Shiba Inu Have Nothing on BudBlockz’s Potential

There is no mistaking that the current global financial crisis has hit the crypto space. Different from what many investors initially believed, digital currencies were not immune to the present econom...

NFT Collection Ape Gang Price, Stats, and Review

10,000 pixel Apes battling on the blockchain since June 2021. Join the Gang now and enjoy the journey as we build for the future. Owners have full commercial usage rights over their NFTs. apegang.art ...

Three biggest crypto stories from past week; 3AC founders raise, Genesis collapses

Another week, another bankruptcy. Another plan to launch a new crypto exchange. Another several million dollars announced in startup funding.  The drama in the crypto world continued this week i...

Solana (SOL) Price Prediction 2025-30: How high can SOL go?

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. Solana (SOL) is one of the few cr...

NYDIG Bitcoin Funds Near $1 Billion – Trustnodes

NYDIG, a branch of the Stone Ridge Asset Management, has sold close to $1 billion worth of bitcoin through its numerous funds. The biggest by far is the NYDIG Institutional Digital Asset Fund. This is...

Is Bitcoin A ‘Fraud’ And ‘Pet Rock?’ JPMorgan CEO Jamie Dimon Says So

Despite the prolonged crypto winter, proponents of cryptocurrencies are bullish about the industry’s prospects. And so far this year, they have had cause for happiness. After a dismal 2022, the price ...

AllianceBlock And ARTBANX Partner Up To Integrate Art-Backed Financing To Web3

Advertisement &nbsp &nbsp AllianceBlock has announced its strategic partnership with ARTBANX to bring art-backed financing to Web3, bridging the gap between Traditional Financ...

Bitcoin, Ethereum Price Prediction- Why the Bullish Recovery Has Stalled?

Published 19 hours ago Bitcoin, Ethereum price prediction: The ongoing recovery in the crypto market has taken a halt since last weekend. The market leader showed higher price rejection on their daily...

Bybit CEO offers clarity on exposure to Genesis, but community demands more

Genesis Global Trading, a prominent crypto lender, filed for Chapter 11 bankruptcy protection in New York on Jan. 20, becoming the latest company to declare bankruptcy in the wake of FTX’s collapse. H...

GE set to report final pre-breakup earnings

General Electric Co. is scheduled to report next week its final quarterly results before the start of its breakup, with the industrial conglomerate expected to report its highest profit since before t...

Crypto Has a Major Role in UAE’s Global Trade; Says Al-Zeyoudi

Thani Al-Zeyoudi, the MoS for Foreign Trade, declared that crypto would have a major role in the UAE’s global trade. He added that UAE aspires to become a fully-fledged crypto hub. The minister told t...