On Nov. 16, Genesis Global Trading announced it would limit activities on the Genesis Trading platform and Gemini Earn application, including withdrawal suspension. The company cited “unprecedented ma...
Tag: Global
Tether Admits To Have Zero Exposure To Genesis Global
58 mins ago | 2 mins read Altcoin News Tether confirms that it has no exposure to Genesis amid the withdrawal halt. Tether announced on November 16 that they are striving hard to increase transparency...
Genesis Global halts withdrawals citing ‘unprecedented market turmoil’
According to a new tweet by Genesis Global on Nov. 16, the institutional crypto lender said it would “temporarily suspend redemptions and new loan originations in the lending business.” In explaining ...
Genesis Global Capital Suspends Withdrawals and Granting Loans
The crypto lending division of Genesis Trading, Genesis Global Capital, has temporarily paused its withdrawal and loan origination services as it faces “abnormal withdrawal requests” in the wake of th...
Liquid Global Halts Withdrawals as FTX Contagion Continues
Cryptocurrency exchange Liquid Global today said it is halting all withdrawals—both fiat and crypto—from the platform. “Fiat and crypto withdrawals have been suspended on Liquid Global in compliance w...
Ripple draws closer to dominating the global cross-border remittance industry
Ripple expands its ODL presence into Africa through MFS Africa. Why Ripple’s approach for the African rollout has targeted a mobile payment gateway. Ripple has continued to expand its ODL services thr...
Grayscale Declares ‘Business as Usual’ Despite Sister Company Genesis Global Capital Suspending Withdrawals
Genesis Global Capital, the lending arm of crypto investment bank Genesis Global Trading, announced the suspension on Wednesday in response to “extreme market dislocation and loss of industry co...
Abu Dhabi Global Market (ADGM) Grants Binance FSP License
4 hours ago | 2 mins read Exchange News The custodial license represents the most recent 2022 growth drive for Binance. The ADGM authorities granted Binance In-Principle Approval (IPA) in April 2022. ...
Crypto Venture Firm Sino Global Reveals ‘Mid-Seven Figures’ Exposure to Bankrupt FTX
Sino Global, a blockchain and digital assets-focused investment firm, today revealed losses suffered due to its exposure to the collapsed crypto exchange FTX, however, insists it continues operations ...
Genesis Global Capital suspends redemptions, with impact spreading to Gemini
Genesis Global Capital, the lending business of Genesis Trading, temporarily suspended redemptions and new loan originations in the wake of FTX’s recent collapse and the earlier Three Arrows Cap...
WP Engine Sets Example for WordPress Performance and Global Scale on Microsoft Azure
WP Engine extends its multi-cloud solution with implementation of its industry-leading managed WordPress platform on Azure, delivering 7x faster performance. AUSTIN, Texas–(BUSINESS WIRE)–WP Engine, t...
Genesis Global Trading’s Lending Unit Suspends Withdrawals and New Loan Originations – Bitcoin News
Following Blockfi, Liquid Global, and Salt Lending halting withdrawals, reports indicate that Genesis Global Trading’s lending unit has halted customer withdrawals. Genesis’ interim chief executive of...
Topgolf Rolls Out First Global Brand Campaign As ‘Off-Course Golf’ Offerings Hit Record Levels
Topgolf has rolled out its first global brand campaign with a widespread public invitation to “Come … [+] Play Around.” Topgolf Topgolf has launched its biggest brand campaign — esse...
IEO Launch of GFE Global Platform Will Be A Turning Point For Creative Entrepreneurs
– Advertisement – GFE Global is an ecosystem of social smart contracts and user-friendly interfaces that together form a powerful platform for social media, content creation, online dating...
Visa Stock Price Prediction: VISA Winds up Global Credit Agreement with FTX, Still Asset Looks Good for Investment
Visa stock price struggles at its 200-day moving average amid a sustained rally. Buyers have hardly kept prices above $200 for the past three days. In the letter dated November 14, Visa stock price c...
Liquid Global Halts Withdrawals As FTX Collapse Impacts Markets
FTX-owned crypto exchange Liquid Global has announced that it is suspending all crypto and fiat withdrawals as the FTX collapse continues to affect the markets. FTX acquired the Japan-based crypto tr...
Sino Global Capital Regrets Investing In FTX Exchange After Losing A Major Sum
The crypto industry is witnessing another crisis with the distress of one of the top crypto exchanges in the space, FTX. More firms with exposure and collaborations with the exchange have started expe...
Tron Founder Justin Sun Reportedly Takeover Huobi Global
Tron founder Justin Sun has reportedly taken over the crypto exchange Huobi Global business. Former Huobi CEO Zhu Hua, CFO Zhang Li, and other senior executives have voluntarily resigned, as per sourc...
2 More Crypto Platforms Pause Withdrawals as Liquid Global and Salt Lending Cite Exposure to FTX – Bitcoin News
On Nov. 15, 2022, the crypto exchange Liquid Global revealed that it has suspended fiat and crypto withdrawals “until further notice.” The same day, customers leveraging the crypto lending platform Sa...
Ripple Aims To Strengthen The Crypto Sector In The UK By Transforming It Into A Global Crypto Asset Centre
The UK has been a significant country in facilitating the crypto space among its users. Moreover, the UK’s Economic Secretary previously confirmed that the UK government is leaning toward amplifying t...
Sino Global Capital breaks silence over FTX exposure
China-based crypto venture firm Sino Global Capital has broken its silence about the extent of its exposure to FTX. The company said its direct exposure to FTX, the exchange, “was confined...
Taiwan Semi, Paramount Global and more
Check out the companies making headlines in after hours trading Taiwan Semiconductor Manufacturing – Shares of Taiwan Semiconductor jumped 6.4% after Warren Buffett’s Berkshire Hathaway said it ...
Bless Global will open the Public Beta Test on 30 November
Bless Global, the first AAA GameFi MMORPG featuring immersive aesthetics, announced that it will open a Public Beta Test at the end of this month. Over the course of two weeks, Bless Global will offer...
CoinW 5th anniversary: Global Partners Recruitment officially launched in India
CoinW officially launched the online Global Partners Recruitment conference on November 10th, 2022, at 8 pm New Delhi time, to mark CoinW 5th anniversary. Some well-known Kols in the Indian blockchain...
Binance Chief Pushes for Global Crypto Standards Amid FTX Crisis
As the FTX crisis unraveled over the last week, the demand for regulatory clarity and proper crypto framework has soared recently. Head of crypto exchange Binance – Changpeng “CZ” Zhao – said that the...
5 reasons 2023 will be a tough year for global markets
Those who come bearing warnings are rarely popular. Cassandra didn’t do herself any favors when she told her fellow Trojans to beware of the Greeks and their wooden horse. But, with financial markets ...
Global Carbon Emissions Showed No Signs Of Decline This Year, Scientists Warn
Topline Global carbon emissions continued to rise this year and have shown no signs of slowing down, the Global Carbon Project said Thursday, as world leaders push for new initiatives to halt climate ...
bitsCrunch and Cointelegraph Create Global Alliance to Develop NFT Data Analytics Tools
[PRESS RELEASE – Bangalore, India, 9th November 2022] bitsCrunch, a premier NFT analytics and forensics platform, and CoinTelegraph, a leading independent web3 media outlet, have announced today a glo...
FTX Fiasco Hits Investors From Tiger Global to Tom Brady
(Bloomberg) — The FTX.com fiasco has ensnared some of the biggest names in finance. Most Read from Bloomberg Tiger Global Management, Third Point and Altimeter Capital Management are among hedge...
Tongwei Founder Liu Hanyuan Sees Fortune Fall In Spite Of Global Appetite For Silicon, Solar Products
This story appears in the November 2022 issue of Forbes Asia. Subscribe to Forbes Asia Liu Hanyuan Courtesy of Tongwei This story is part of Forbes’ coverage of China’s Richest 2022. See the full list...
Mastercard CEO Says He’s Optimistic on Global Crypto Adoption Amid Partnership With Coinbase
The CEO of credit card giant Mastercard is optimistic that the day will come when there is worldwide adoption of cryptocurrency. In a new interview with Yahoo Finance, Mastercard CEO Michael Miebach s...