Tag: Genesis

05
Aug
2024
Posted in Bitcoin

Genesis completes its bankruptcy reorganization and begins distributing $4 billion in cash and cryptocurrencies

After declaring bankruptcy in January 2023, Genesis Global and its affiliated companies said on Friday that the reorganization process was finished. According to a news release, the company has also…

22
May
2024
Posted in Altcoin

Genesis Global and New York AG Reach the State’s Highest Crypto Settlement Ever, $2,000,000,000 Settlement

James increased the stakes to $3 billion earlier this year in an amended complaint because additional investors came forward following the lawsuit’s first release, causing the AG’s office to reassess…

09
Mar
2024
Posted in Liquid Staking LST

Stakely joins Eigen Layer as Node Operator 

Stakely is stepping in as node operators within the Genesis’ DVT clusters in conjunction with eleven other top validators to improve the security and decentralisation of this ground-breaking liquid restaking…