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Genesis CEO Asks for Extra Time as Winklevoss Pressures Mum or dad Firm DCG
Regulation

Genesis CEO Asks for Extra Time as Winklevoss Pressures Mum

admin January 4, 2023

The CEO of crypto dealer Genesis has requested for time to kind out its troubled lending unit as its dad or mum firm Digital Foreign money Group (DCG) faces rising stress.  Genesis halted withdrawals in November following the crash of crypto change FTX. And the platform owes high-yield financial savings product Gemini Earn $900 million.  […]Read More

Crypto Lending Platform Babel Finance Pauses Withdrawals, Citing ‘Liquidity Pressures’
Cryptocurrency

Crypto Lending Platform Babel Finance Pauses Withdrawals, Citing ‘Liquidity Pressures’

admin June 17, 2022

Babel Finance has develop into the newest crypto lending platform to droop redemptions and withdrawals, the Hong Kong-based firm mentioned in a blog post Friday. The agency acknowledged it was “going through uncommon liquidity pressures” amid a border crash in cryptocurrency costs, citing an absence of obtainable property readily on-hand as the idea of its […]Read More

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