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Consensus Magazine

After FTX: How Congress Is Gearing Up to Regulate Crypto

The industry is finally earning the priority status it desperately wanted, but for the wrong reasons, says CoinDesk's Jesse Hamilton.

(Rachel Sun/CoinDesk)

Фінанси

First Hearing in Genesis Bankruptcy Case Set for Monday

Genesis filed for bankruptcy late Thursday.

(Genesis Trading)

Політика

US Lays Claim to $700M of Assets Linked to Bankman-Fried, FTX

The U.S. and is now seeking their forfeiture.

Tokens vinculados con billeteras de Alameda se vendieron por bitcoin en el último día. (David Dee Delgado/Getty Images)

Політика

What's Next for Genesis Creditors? It Depends on What's in the Bankruptcy Filing

It may “take a long time” to figure out Genesis' assets and liabilities, Eric Snyder, partner at Wilk Auslander, told CoinDesk TV.

(CoinDesk TV)

Політика

Sullivan & Cromwell Gets Go-Ahead to Represent FTX in Bankruptcy Proceedings, Despite Controversy

James Bromley, a partner at Sullivan & Cromwell, said former CEO Sam Bankman-Fried has been stirring the pot by “lashing out” on Twitter.

FTX CEO John J. Ray III (Nathan Howard/Getty Images)

Фінанси

Genesis Claims $5.1B in Liabilities in First-Day Bankruptcy Filing

Three of the institutional crypto brokerage's entities filed for Chapter 11 protection late Thursday.

(Genesis Trading, modified by CoinDesk)

Фінанси

Genesis Owes Over $3.5B to Top 50 Creditors

Genesis has over 100,000 creditors among the three of its companies that declared bankruptcy.

Genesis has unloaded its entire stake in GBTC (Danny Nelson/CoinDesk)

Фінанси

Genesis' Crypto Lending Businesses File for Bankruptcy Protection

The collapse of FTX in late 2022 was the final straw for Genesis, which earlier that year reportedly suffered losses of several hundred million dollars due to its exposure to failed crypto hedge fund Three Arrows Capital.

(Genesis Trading, modificado por CoinDesk)

Фінанси

Bitcoin Miner CleanSpark Builds 50MW Additional Mining Capacity at Georgia Site

The mining firm will increase its computing power by 25% to 34% after the U.S. site goes online.

Work is underway for CleanSpark's expansion in Washington, Georgia. (CleanSpark)

Політика

Digital Dollar Project Warns on US Cautious Approach to CBDCs

The DDP's white paper called the U.S, approach to CBDCs an "unsustainable position."

The Digital Dollar Project is kicking off a new CBDC sandbox in October. (Ben Mater/Unsplash)

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