Genesis calls in restructuring expert in its fight to avoid bankruptcy
It is understood Moelis & Company has been brought on to help the troubled lending firm explore all possible options.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
It is understood Moelis & Company has been brought on to help the troubled lending firm explore all possible options.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Coinbase Wins Final OCC Approval to Charter a National Trust Company for Crypto Custody
Coinbase said Monday that it has final federal approval to charter Coinbase National Trust Company, a new national trust entity fo...
Texas Voted to Pause New Data Centers. Which Bitcoin Miners Are Already Past the Freeze?
Bitcoin miners that turned into AI landlords have been valued on how many megawatts of power they control and how much of it sits...
Trump Crypto Firms Face Senate Records Deadline as Democrats Prepare to Take Control
Trump crypto firms are facing a deadline with a different political weight behind it. Senator Richard Blumenthal has renewed deman...
With Probe Gavel in Reach, Blumenthal Warns Binance and Tether of ‘Alternative Measures’
Sen. Richard Blumenthal (D-Conn.) is set to chair the Senate Permanent Subcommittee on Investigations (PSI) when Democrats take th...
Bitmine Gets Within About 40,000 ETH of Tom Lee’s 5% Target After Another Week of Buying
Bitmine Immersion Technologies (BMNR) added 9,587 ETH over the past week, bringing its stack to 6,070,092 ETH, or 4.97% of Ethereu...
Coinbase Wins Full Federal Trust Charter From OCC
Bitcoin Magazine Coinbase Wins Full Federal Trust Charter From OCC Coinbase has won a full national trust bank charter from the Of...