Market Cap: $3,052,473,135,211
24h Vol: $86,926,750,486
Cryptocurrencies: 28005
Markets: 116055
Cryptocurrencies: 28005
Markets: 116055
Market Cap: $3,052,473,135,211     
24h Vol: $86,926,750,486
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

Videos

  • What Is Better ? Hardware Mining or Software Mining? Pros & Cons Fully Explained!

  • Top 5 Crypto Exchanges 2022: Best Crypto Exchanges to Work With!

  • CEX vs DEX: Which Type of Crypto Exchange Is Better?

  • How to Buy BTC with Binance Mobile!

Our Partners

Hashing Ad Space
Inbound Junction
Magic Logix
Asimi
Crypto Marketing Agency, FINPR
Chainwire