Name: Genesis Reportedly Owes Creditors Over $3B; Blockchain.com Lays Off 28% of Workforce
Uploaded: 2023-01-12T20:40:47.000Z
Duration: 1 min 6 s
Description: Troubled crypto lender Genesis owes its creditors over $3 billion prompting its parent company, Digital Currency Group, to look at asset sales to pay off the debt, according to the Financial Times. DCG is the parent company of CoinDesk. Plus, cryptocurrency brokerage Blockchain.com said it's letting go of 28% of its workforce as crypto's cruel winter continues.

CD20$2,006.510.87%BTC$73,937.340.66%ETH$2,026.700.50%XRP$1.320.045%SOL$82.720.66%

Genesis Reportedly Owes Creditors Over $3B; Blockchain.com Lays Off 28% of Workforce | CoinDesk Videos

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CD20$2,006.510.87%BTC$73,937.340.66%ETH$2,026.700.50%XRP$1.320.045%SOL$82.720.66%

Genesis Reportedly Owes Creditors Over $3B; Blockchain.com Lays Off 28% of Workforce | CoinDesk Videos