Bankruptcy
Genesis aims to close a deal with creditors
Genesis has "confidence" it can resolve disputes with creditors this week. The lender is looking to exit bankruptcy by May 19.
Monika Ghosh 2 min read
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Bankruptcy
MakerDAO approves 85% Gemini USD holdings in DAI stablecoins
Maker's PSM poll showed 50.85% of participants supporting keeping the GUSD debt ceiling at $500 million, while the rest supported its removal.
Exchanges
Research: Gemini, GUSD start losing followers as metrics hit all time lows
The number of active addresses holding GUSD returned to 2020 levels, while BUSD volume on exchanges shrank by 96% in the last seven months.
Latest Gemini News & Analysis
Bear Market
DCG scrambling to raise funds to cover Genesis’ $3B debt burden
DCG is trying to liquidate its venture capital holdings worth $500 million, which is less than 17% of Genesis' outstanding debt.
Lending
Gemini officially discontinues Earn product
The exchange has finally terminated its loan agreement with Genesis.
Bankruptcy
DCG labels Gemini co-founder’s allegations as ‘publicity stunts’
The recent allegations were a deflection of blame from parties responsible for marketing and operating Gemini Earn, according to DCG.
Exchanges
Cameron Winklevoss calls for immediate removal of Barry Silbert as DCG CEO
Barry Silbert allegedly lied to Gemini and over 340,000 users that DCG had injected about $1.2 billion to support Genesis after the 3AC collapse.
Crypto
SBF pleads not guilty, Class action filed against Genesis, Voorhees eyes 2026 bull run – CryptoSlate Wrapped Daily
SBF will live with parents until October as trial date is set, Genesis under fire from customers, and Erik Voorhees looks to 2026 for the bull market to return
Legal
Gemini Earn users launch class arbitration against Genesis, DCG
The claimants allege that Genesis breached its agreement with Gemini Earn users and engaged in the unregistered sale of securities.
