Cryptocurrency lender Genesis Global Capital is planning to file for bankruptcy as soon as this week, Bloomberg News reported on Wednesday, citing people with knowledge of the situation.
The collapse of FTX in November has claimed several victims including crypto lender BlockFi and Core Scientific Inc, one of the biggest publicly traded crypto mining companies in the United States, both of which filed for bankruptcy protection in the following months.
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Crypto firm Genesis preparing to file for bankruptcy: Bloomberg NewsCryptocurrency firm Genesis Global Capital is planning to file for bankruptcy as soon as this week, Bloomberg News reported on Wednesday, citing people with knowledge of the situation. Creditors, Genesis and parent Digital Currency Group exchanged several proposals, but have so far failed to come to an agr
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German online bank N26 to expand crypto tradingFRANKFURT : German online bank N26 said on Tuesday that it would expand the list of countries where its customers may trade cryptocurrencies to include those in Germany and Switzerland.In addition, N26 said it would provide the service for customers in Belgium, Portugal and Ireland.Last year, N26 b
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »