๐ Genesis has $2.8 billion in outstanding loans on its balance sheet, with about 30% of its loans to related parties, including DCG parent Bloomberg.
๐ค CryptoAttack ๐ฌ๐ง
๐ Genesis: Might file for bankruptcy if it can't raise enough funds theblock.com
๐ Genesis has hired investment bank Moelis & Company to explore options, including potential bankruptcy. No final decisions have been made yet.
nytimes.com
nytimes.com
โ๏ธ๐ FTX Bankruptcy Hearing: FTX was controlled by a small group of inexperienced and inexperienced people... some or all of them were also "compromised persons" - James Bromley representing FTX.
๐ถ Shiba Inu was invited to the World Economic Forum (WEF).
www.u.today
www.u.today
๐๐
Developments for tomorrow and digest
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ะัะธะฟัะพะัะฐะบะฐ
๐ฟ ะะปะฐะฒะฝะพะต ะทะฐ ัะตะณะพะดะฝั:
๐ฅณ Calypso Pay ะฒะฝะตะดััะตั ัะตัั Lightning.
๐ Genesis ะผะพะถะตั ะฟะพะดะฐัั ะทะฐัะฒะปะตะฝะธะต ะพ ะฑะฐะฝะบัะพัััะฒะต.
๐บ๐ธ ะกะตะฝะฐั ะกะจะ ะฟัะพะฒะตะดะตั ัะปััะฐะฝะธั ะฟะพ FTX ะฒ ะดะตะบะฐะฑัะต.
๐ โโ๏ธ Binance ะพัะบะฐะทะฐะปะธัั ะธะฝะฒะตััะธัะพะฒะฐัั ะฒ Genesis.
๐ Fidelity ะฟัะธะทัะฒะฐัั ะพัะบะฐะทะฐัััั ะพั ะธัะฟะพะปัะทะพะฒะฐะฝะธัโฆ
๐ฅณ Calypso Pay ะฒะฝะตะดััะตั ัะตัั Lightning.
๐ Genesis ะผะพะถะตั ะฟะพะดะฐัั ะทะฐัะฒะปะตะฝะธะต ะพ ะฑะฐะฝะบัะพัััะฒะต.
๐บ๐ธ ะกะตะฝะฐั ะกะจะ ะฟัะพะฒะตะดะตั ัะปััะฐะฝะธั ะฟะพ FTX ะฒ ะดะตะบะฐะฑัะต.
๐ โโ๏ธ Binance ะพัะบะฐะทะฐะปะธัั ะธะฝะฒะตััะธัะพะฒะฐัั ะฒ Genesis.
๐ Fidelity ะฟัะธะทัะฒะฐัั ะพัะบะฐะทะฐัััั ะพั ะธัะฟะพะปัะทะพะฒะฐะฝะธัโฆ
๐ Foresight Ventures Launches $10 Million Web3 Investment Fund
๐ Genesis Global Capital hired investment bank Moelis to explore options including bankruptcy nytimes.com
๐ SBF sent a letter of apology to FTX internal staff, denying that the loan was used for personal consumption. coindesk.com
๐ Sequoia Capital apologized to investors for $150M loss caused by FTX investment and will improve due diligence process
๐ Saudi Arabia upset Argentina, and Saudi-themed NFT sales more than tripled coindesk.com
๐ Aave: Most CRV collateral positions have been liquidated leaving 2.64 million CRV debt. twitter.com
๐ Curve Finance has released the official code and white paper of crvUSD stablecoin theblock.com
๐ A Meta spokeswoman denied the news that "Zuckerberg will step down as CEO next year" twitter.com
๐ WSJ: Justin Sun is evaluating the possibility of buying FTX assets wsj.com
๐ Foreign media: Apple bought the copyright of FTX's bankruptcy novel for millions of dollars, and it is expected to be made into a feature film term.com
๐ FTX Hearing: An anonymous lender's request has been provisionally approved by the US Bankruptcy Court, with a lawyer uncovering the financial chaos and stating that the follow-up will be held accountable. prnewswire.com
๐ Bloomberg: Genesis has $2.8 billion in outstanding loans on its balance sheet, about 30% of which is issued to related parties such as DCG. bloomberg.com
๐ Binance US Enters US Politics with Formation of Political Action Committee coindesk.com
๐ BlockFi suspends lending to customers and helps users delay loan repayments. theblock.com