CryptoWeek
The crypto-news of the week, updated every Friday evening.
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Ecosystem – Genesis
- Genesis Initiates Process to Achieve Global Resolution – Business Wire
- Digital Currency Group’s Genesis Global files for bankruptcy protection – The Block
- Genesis’ Crypto Lending Businesses File for Bankruptcy Protection – CoinDesk
- Genesis owes more than $3.6 billion to top 50 creditors – The Block
- Genesis Owes Over $3.5B to Top 50 Creditors – CoinDesk
Ecosystem – DCG
- Crypto Conglomerate DCG Suspends Dividends Amid Distress at Genesis Unit – CoinDesk
- Crypto Media Outlet CoinDesk Taps Bankers for Potential Sale – WSJ
- Crypto investor Justin Sun says willing to spend up to $1 bln on DCG assets – Reuters
Ecosystem – Gemini
- Cameron Winklevoss Threatens Legal Action Against DCG CEO After Genesis Bankruptcy – CoinDesk
- Gemini co-founder threatens to file lawsuit against DCG and Barry Silbert – The Block
- Gemini’s Bitcoin Inflows From Other Exchanges Dropped to Roughly Six-Year Low, CryptoQuant Data Shows – CoinDesk
Ecosystem – Nexo
- Crypto Lender Nexo Pays $45 Million in US Federal, State Penalties – Bloomberg
- Crypto Lender Nexo to Pay $45M, Cease Offering EIP in Settlement With SEC – CoinDesk
- Nexo sues Cayman Islands regulator over rejected license – The Block
Ecosystem – Vauld
- Crypto Lender Vauld Gets Another Extension for Submitting Restructuring Plan – CoinDesk
- Vauld gets creditor protection until Feb. 28 — shorter than requested – The Block
Ecosystem – Bitzlato / Binance
- Does the Bitzlato ‘Nothingburger’ Spell Bad News for Binance? – CoinDesk
- Bitzlato founder arrested for allegedly processing $700 million in illicit funds – The Block
Ecosystem – FTX / GTX
- FTX Debtors Provide Additional Information to Customers and Other Stakeholders
- Congress’ FTX Problem: 1 in 3 Members Got Cash From Crypto Exchange’s Bosses – CoinDesk
- New FTX Chief Says Crypto Exchange Could Restart
- 3AC founders Zhu and Davies pitch to raise $25 million for new crypto exchange – The Block
Ecosystem – Polygon
Ecosystem – Peter Thiel
Regulation
- EU’s final vote on MiCA regulation postponed until April – The Block
- European Union Postpones MiCA Vote to April – CoinDesk
- French Crypto Companies Must Seek Authorization by 2024 Under New Lawmaker Plans – CoinDesk
- SEC racks up 50% increase in crypto enforcement actions in 2022 – The Block
Tech – Bitcoin
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