Binance, one of the world’s largest cryptocurrency exchanges, announced that the New York-based Signature Bank would handle transactions from its users only if it exceeds $100,000. This move comes as ...
Tag: Exposure
21Shares’ New ETP Provides Exposure to PoS Cryptocurrencies But No ETH
21Shares announced the launch of first-of-its-kind crypto staking index ETP focused on proof-of-stake-based coins. Dubbed 21Shares Staking Basket Index ETP (STAKE), the product will essentially provid...
Stellar Foundation Has $13 Million Exposure To Insolvent Genesis
5 hours ago | 2 mins read Defi News The foundation extended a loan of roughly $13 million to Genesis in 2022. Digital Currency Group (DCG) is the parent company of Genesis. On Thursday, Genesis, a str...
Bybit CEO clarifies company’s exposure to Genesis
On January 20, 2019, renowned cryptocurrency lender Genesis Global Trading became the latest firm to declare bankruptcy in the aftermath of the collapse of FTX. Genesis Global Trading filed for protec...
Silvergate Has ‘Minimal’ $2.5M Exposure to Bankrupt Genesis
Leading crypto bank Silvergate revealed that its exposure to the bankrupt crypto lender Genesis was less than $2.5 million as of Jan. 19, according to an official statement. Silvergate said the bankru...
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...
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...
El Salvador’s Exposure to Cryptocurrency is Minimal; Says Mossi
Dante Mossi declared that El Salvador’s exposure to cryptocurrencies, including Bitcoin, is minimal. CABEI has provided El Salvador with almost all the funds to repay the debts of the country. The ban...
ByBit CEO’s Genesis Exposure Explanation Sparks Controversy in Crypto Community
Genesis Global Capital, the cryptocurrency lending platform owned and operated by DCG, filed for bankruptcy. According to the court document, the company has around 100,000 creditors. Bybit is one of ...
Bybit CEO Confirms Exposure of $150M to Bankruptcy Filed Genesis
9 hours ago | 2 mins read Exchange News The CEO confirmed that the company’s investment arm, Mirana, did have $150M in exposure. Mirana had already liquidated around $120 million in collateralized hol...
ByBit CEO clarifies Mirana exposure to bankrupt Genesis
ByBit CEO Ben Zhou said his exchange’s exposure to bankrupt crypto lender Genesis was restricted to its investment arm Mirana. Genesis Global’s chapter 11 filing showed that Mirana was one of its top ...
Bybit Founder Addresses Concerns Over Firm’s $151M Exposure to Bankrupt Genesis
Ben Zhao, the founder of crypto exchange Bybit, took it to Twitter to address concerns raised over the company’s exposure to the now-bankrupt crypto lender Genesis Global Capital. According to court f...
Bybit CEO uncovers clues on exposure to Genesis, but community wants more answers – Cryptopolitan
Following the demise of FTX, Genesis Global took a similar route and filed for Chapter 11 bankruptcy protection in New York on January 19th. This sudden news caused an uproar among the crypto communit...
Ripple CEO Reveals $10Mn Exposure To Bankrupt FTX Exchange
While Ripple’s conflict with the SEC persists, it appears that it has also encountered other issues. Let’s see what’s new with Ripple. Ripple CEO reveals exposure to FTX! In a recent fireside discus...
Brad Garlinghouse Reveals Ripple Had Inconsequential FTX Exposure of $10M in XRP
– Advertisement – Garlinghouse is not optimistic due to SBF’s alleged fraud but hopes Ripple can recover a substantial amount of the funds through the courts. Ripple chief executive office...
MakerDAO voting to limit DAI exposure to Gemini amid insolvency fears
MakerDAO has begun voting on a pair of governance polls designed to limit exposure of the DAI stablecoin to Gemini as a result of the current liquidity crisis facing the exchange’s lending platf...
US politicians beat the financial markets in 2022, reduced exposure to crypto
Based on publicly available disclosures, many US Congress members beat the wider markets for another year. According to Unusual_Whales, most members of the US Congress, including Mark Green of Tenness...
Investors shift focus to growth stocks China exposure to gain
As we kick off 2023, Wall Street appears to be shifting its focus from inflation to growth. Investors apparently believe the Federal Reserve has inflation under control after dramatically raising inte...
Crypto scam project from Logan Paul sees major increase in value after Coffezilla exposure
Thanks to the diligent reporting of youtube ‘journalist’ CoffeeZilla, now we know more about Logan Paul’s Crypto $ZOO. In the fast-paced world of cryptocurrency, it’s common for scams and fraudulent ...
Sophie Karp names her top stock for renewables exposure
First Solar Inc (NASDAQ: FSLR) has already more than doubled over the past six months but a KeyBanc expert recommends sticking to it as it still has more upside that’s yet to unlock. First Solar stock...
New $60M web3 fund from Axelar offers close support from Circle, Polygon & exposure to top investors
The interchain communication protocol, Axelar, has announced a $60M funding program to drive innovation for web3 startups building during the bear market. “The Axelar Ecosystem Startup Funding Program...
Oryen Network Focus On Easy Staking Means More Exposure Than LTC — Get ORY In Live Presale
Advertisement     While the DeFi space is becoming increasingly crowded, Oryen has managed to differentiate itself by focusing on security and usability. Also, ORY is ...
Another DeFi Protocol Reveals Exposure to FTX, Alameda
Mojito Markets, an Aptos decentralized exchange (DEX), is the latest one to reveal exposure to the FTX implosion. As a result, the platform is putting a pause on project development until the macroeco...
Grayscale’s Discount Almost Reaches 50%, 1 BTC Exposure Now Costs $8,400
The exposure price via one of the biggest trusts on the market has dropped to a yet unseen low. The unimaginable 50% discount to NAV is a new record we have never before witnessed. According to Ychart...
Basel Committee Finalizes Rules for Bank Exposure to Cryptocurrency Assets – Regulation Bitcoin News
The Basel Committee, the organization in charge of setting global bank standards, has finalized its new rules related to banks and cryptocurrency exposure. The document establishes two different crypt...
Central Banks to set standards on banks’ crypto exposure
A global standard for banks’ exposure to crypto assets has been endorsed by the Group of Central Bank Governors and Heads of Supervision (GHOS) of the Bank for International Settlements (BIS). T...
IndyCar Team Sees Enormous Exposure After Announcing Its Indy 500 Plans For 2023
Stefan Wilson will drive for Cusick Motorsports in the 107th Indianapolis 500 in 2023. IndyCar Photo The Indianapolis 500 continues to be a lucrative brand name in the sports and media world, as evide...
FalconX Discloses FTX Exposure, Crypto Daily TV 13/12/2022
In Todays Headline TV CryptoDaily News: Maple Finance shows risks of Crypto lending without collateral. Maple Finance, the largest unsecured crypto lending platform, is grappling with a debt crisis wh...
FalconX says exposure to FTX represented 18% of its ‘unencumbered cash equivalents’
Cryptocurrency trading company FalconX has disclosed that it suffered losses in the collapse of FTX. According to the company, its assets locked on FTX represent only 18% of its “unencumbered cash eq...
SEC calls on firms to disclose exposure to crypto bankruptcies and risks
The United States Securities and Exchange Commission (SEC) has issued new guidance that could see publicly traded companies disclose their exposure to crypto assets. In a statement released on Dec. 8,...