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Cryptopolitan

2022-11-18 12:53:08

How B2C2 buying loans from Genesis could possibly backstop the contagion?

How B2C2 buying loans from Genesis could possibly backstop the contagion?

The effects of FTX’s insolvency and the crypto contagion are still spreading rapidly across the industry. Within the past two weeks, several companies have disclosed exposure to the bankrupt exchange, followed by defaults in the processing of user withdrawals. One such company affected is the cryptocurrency lending arm of Genesis, which could aggravate the cascading … How B2C2 buying loans from Genesis could possibly backstop the contagion? Read More »

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