Page 41 - Crypto Winter News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Genesis has today announced a number of executive appointments that will prepare the business for its upcoming period of expansion. Genesis CEO Michael Moro is resigning as of right now, but he will stay on as the firm transitions. Derar Islim, Ph.D., the Chief Operating Officer, who has managed the creation of strategy and significant core activities, has been named temporary CEO. Tom Conheeney, a seasoned financial services executive, will serve as a Senior Advisor for Genesis, supporting Islim in formulating the company's overall strategy and providing guidance to the trading, lending,...

Genesis revealed last month that it had exposure to the bankrupt crypto hedge fund Three Arrows Capital.

Multiple sources tell Decrypt that this month's layoffs, beyond those announced in June, have been kept quiet but are “much bigger.”

A group of investors is suing Mark Cuban and the Dallas Mavericks, claiming their promotion of a now-bankrupt crypto platform led to billions of dollars in losses.

NYSE:GME continued to dip lower and underperform its meme stock rivals on Thursday. Shares of GME fell by 2.66% and closed the trading session at $39.