Bitcoin (BTC) $76,676.64 -0.54%
Ethereum (ETH) $2,124.82 0.26%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 84.935901 -0.10%
Dogecoin (DOGE) $0.10 -2.33%
Cardano (ADA) $0.25 0.26%
Chainlink (LINK) $9.62 1.19%
Litecoin (LTC) $54.24 0.33%
Dash (DASH) $42.90 5.86%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.831701 4.23%
X-Cash (XCASH) 7.0E-6 -0.84%

Cryptocurrencies: 28960

Markets: 114116

Market Cap: $2,557,594,794,866

24h Vol: $95,209,059,350

cryptonews

2022-11-22 11:00:00

Crypto Firm Genesis Struggles to Raise Fresh Capital, In Talks with Binance – Next Domino to Fall From FTX Contagion?

Crypto Firm Genesis Struggles to Raise Fresh Capital, In Talks with Binance – Next Domino to Fall From FTX Contagion?

The troubled crypto trading firm Genesis is reportedly struggling to raise fresh funds for its lending unit - and may be headed into bankruptcy. According to Bloomberg, citing people with knowledge of the matter, the company has spent the past several days looking to raise a minimum of $1 billion in fresh capital, but seemingly with no luck. A major crypto exchange has been reportedly involved in the talks, but also with no deal signed, suggested the report, stating:... Read More: Crypto Firm Genesis Struggles to Raise Fresh Capital, In Talks with Binance – Next Domino to Fall From FTX Contagion?

esptco-banner img

Latest News

Nearly 1.92 million BTC now vulnerable to quantum attack ris...

2026-05-20 18:59:04
Eu reviews MiCA rules as crypto markets shift rapidly

2026-05-20 18:47:04
Bitcoin draws $192.1 million inflows as ETH loses $81.6 mill...

2026-05-20 18:29:04
Ethereum risks $1.7 billion in liquidations below $2,000

2026-05-20 18:21:04
Irish police recover 500 BTC worth $38.7 million

2026-05-20 18:03:04
South Korean firm faces $33 million loss in ETH ETFs

2026-05-20 17:42:04

Videos

How to Buy LTC with Binance ?
Stellar XLM: What is Stellar Lumen? EXPLAINED!
Cardano: What is Cardano (ADA)? Explained!
Ethereum Classic (ETC): What is Ethereum Classic (ETC)? EXPLAINED!

Our Partners

Hashing Ad Space

Inbound Junction

Asimi

Crypto Marketing Agency, FINPR

Chainwire