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Genesis Doubles Crypto Loan Issuance for the Third Quarter to $5.2 Billion
1.11.2020
Crypto lender Genesis provided $5.2 billion in new loans in the third quarter of 2020, more than double its previous record of $2.2 billion in the preceding quarter. Issued to corporate borrowers such as hedge funds and trading firms, the loans are mainly denominated in bitcoin (BTC), ether (ETH)...
ETH Gobbles Up Larger Share of Genesis Loan Book as Trading Firms Feast on DeFi Summer
30.10.2020
Genesis Trading saw the share of bitcoin in its loan portfolio drop – mainly due to demand for liquidity mining on DeFi protocols
Bitcoin genesis block is the ‘New Testament’ of finance
17.10.2020
No need to suffer from centralized systems since the world has been offered its greatest weapon against it: cryptocurrency
Gemini & Zcash Shield, Genesis' Plans, Gold & Bitcoin Fund Returns 30% + More News
29.9.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Gemini announced that it now supports shielded zcash (ZEC) withdrawals, which gives their clients "an added layer of financial...
The Genesis of BCH Tokenization: Over 10,000 SLP Tokens Built on Bitcoin Cash
25.9.2020
This week Bitcoin Cash fans have been discussing the milestone of over 10,000 Simple Ledger Protocol (SLP) tokens created since the infrastructure was first introduced. Moreover, tokens built on Bitcoin Cash are nearing 1 million transactions to-date. Bitcoin Cash (BCH) community members have...
Pool-X Launches BurningDrop, Supporting KTSt Genesis Mining
17.9.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
On September 16, 2020, KuCoin, an IDG-backed crypto exchange, announced that its Pool-X platform has launched the BurningDrop program and will provide services for the Kratos Genesis token (KTSt) Distribution....
TRON to Maintain SUN Genesis Mining for 14 Days After Launch
15.9.2020
Leading crypto-blockchain network TRON announced on Monday that it will maintain the SUN Genesis mining for 14 days after its launch on 16th September, 2020. In a Twitter thread, TRON Co-founder and CEO Justin Sun stated that users will be able to access LP mining without losing their staked...
Tron Soars as Genesis Mining of New SUN Tokens is Confirmed
1.9.2020
As Justin Sun’s plan of driving more decentralized finance (DeFi) projects to the Tron blockchain moves one step forward, Tron’s native token TRX stands out as one of today’s top performers in the crypto market.
As of 9:00 UTC today, TRX was up by nearly 14.5% over the past 24 hours, trading at...
Genesis Reports Q2 Crypto Loans Spiked 118% to $1.4 Billion Amid Rising Yield Farming Interest
5.8.2020
Genesis Capital said Tuesday that its total number of loans outstanding more than doubled to $1.4 billion for the second quarter to June, up from $649 million three months earlier. The crypto lender, which targets institutional investors and wealthy individuals, added over $2.2 billion in...
Genesis’ Crypto Lending Rebounds in 2Q; Firm Acknowledges Unsecured Loans
4.8.2020
Genesis’ crypto lending arm came back strong in 2Q after a rocky 1Q. Separately, executives acknowledged the firm makes some uncollateralized loans
Circle Gets $25M From DCG to Drive USDC Mainstream
30.7.2020
USDC backer Circle is teaming with Genesis Trading in a $25 million deal aimed at pushing the stablecoin to the fintech masses
Avalanche Blockchain Protocol Raises $42M in 4.5-Hour During Public Sale
22.7.2020
Blockchain project Avalanche raises $42 million in a public sale, with the mainnet launch now being expected to come by the end of August
Helios Staking Joins Elrond Network as a Partner to Launch its Mainnet and Genesis Block
16.6.2020
Crypto staking service provider Helios Staking announced on Monday that it has joined Elrond Network as a partner after helping it for months on its testnet. It will help and support Elrond as a partner to launch its mainnet and ERD token genesis block. ⚡️It's with great excitement that...
Custody Battle Pits Institutional Boomers Against Crypto Upstarts
11.6.2020
Crypto custodians are in a race to build the next State Street or BNY Mellon
Mastercoin
7.6.2020
Mastercoin, rebranded as Omni in 2015, is an open source protocol layer built on top of bitcoin that enables the creation of new cryptocurrencies and assets. The project was intended to remedy what it called the two biggest barriers to bitcoin adoption: Insecurity and instability. It also claimed...
Ravencoin
7.6.2020
Launched in 2018, Ravencoin is an open source fork of bitcoin specifically designed to facilitate the transfer of assets from one party to another.  Users can create assets on the Ravencoin protocol that adhere to rules independent of those of the platform. This distinguishes ravencoin from...
Crypto Long & Short: The Emergence of Prime Brokers Adds Resilience but Also Risk
1.6.2020
Coinbase, BitGo and Genesis all have strong growth trajectories and balance sheets. But with that stability comes a certain degree of centralization
Behind ‘Prime Broker’ Buzzword Lies a Complex Strategy Game for Crypto Firms
29.5.2020
Coinbase, BitGo and Genesis all announced plans to become prime brokers this month. Here's what the trend reveals about the state of the industry
Genesis Hires Ex-Galaxy Digital Staffer to Run New Derivatives Trading Desk
28.5.2020
The derivatives desk will expand the company’s suite of products as it aims to attract more institutional clients to its newly acquired prime brokerage arm
Binance Staking is now the Genesis Launch Partner for Elrond
28.5.2020
Elrond is excited to announce that Binance will be working with the Elrond infrastructure to run it at the time of the mainnet launch. It will also be contributing to the preparation phase, which leads to the minting of Genesis Block. The partnership will be bringing Elrond operational support...