Crypto exchange Gemini pulled funds from crypto lender Genesis months before bankruptcy filing
Genesis and Gemini offered customers in the so-called Earn program the opportunity to generate yields on their crypto tokens.
Source: moneyweb.co.za
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Winklevoss twins secretly withdrew $282M in Gemini assets before Genesis collapse: sources
Gemini cofounders Cameron and Tyler Winklevoss secretly withdrew about $282 million in assets held by key lending partner Genesis – mere months before the firm’s collapse left the twins’ customers unable to access $900 million in funds, The Post has learned.
Source: nypost.com
Where are bitcoin miners in 2023: Texas
Texas made up 8.43% of the hashrate in the U.S as of the end of 2021, and that percentage has grown to 28.50% as of July 27, 2023.
Source: cnbc.com
Bitcoin miners beef up Texas operations ahead of extinction-level event, exclusive data shows
Texas made up 8.43% of the hashrate in the U.S as of the end of 2021, and that percentage has grown to 28.50% as of July 27, 2023.
Source: nbcphiladelphia.com
Grayscale Will Turn Over Bitcoin Trust Files to Funds That Sued
Grayscale Investments LLC will hand over internal files to end two lawsuits by hedge funds seeking more information about its multibillion-dollar Grayscale Bitcoin Trust, according to court filings.
Source: bloomberglaw.com