Page 2105 – Stay sly and hodl

Genesis’ Crypto Trading Arm Is Moving Money Around, a Sign of Normalcy Amid Sibling’s Bankruptcy

About $125 million was sent to exchanges in the run-up to Genesis’ lending division filing for Chapter 11, and more was moved the next day.

First Hearing in Genesis Bankruptcy Case Set for Monday

Genesis’ first hearing in its bankruptcy case is set for January 23.

Bad Vibes from the Word ‘Crypto’ Have Some Calling for a Rebrand

Money-making associations with cryptocurrencies misrepresent them as just currencies and fail to acknowledge the diverse applications of the technology.

SEC Sues Eisenberg for Draining Mango Markets, Alleges MNGO a Security

It’s the latest case to emerge from Avraham Eisenberg’s “highly profitable trading strategy.”

What’s Next for Genesis Creditors? It Depends on What’s in the Bankruptcy Filing

Eric Snyder, partner at Wilk Auslander LLP, says that a substantial amount of haircuts are likely to be made, but that depends on the petition Genesis’ trio of companies filed.

Moody’s Further Downgrades Coinbase Junk Bonds, Joining S&P

The ratings agency cited Coinbase’s weakened revenue and cash flow generation potential due to the ongoing crypto winter as reasons for the move.

Bitcoin Soars Over $22K to Reach Four-Month High

Bitcoin rose over 5% and reached its highest level since mid-September. Market watchers will be eyeing the Federal Reserve’s next utterances.

Bitcoin Miner 1Thash Sent Almost All Its BTC to Binance

On-chain data sourced from CryptoQuant shows that the 5,592 BTC worth some $124 million that was transferred out of the miner’s address in the past three days ended up in

Stellar Foundation Nicked by Genesis Bankruptcy With $13M Claim

The Stellar Development Foundation was revealed to be among the bankrupt crypto lending desk’s largest creditors.

Binance Garnered Largest Market Share of Crypto Investors From Emerging Markets in 2022

A CryptoCompare report found that as inflation surged worldwide, the crypto exchange giant attracted the largest number of retail investors from countries facing high inflation.