Genesis Trading wallets halted – holding over $280M
Genesis Trading wallets halted – holding over $280MGenesis Trading wallets have ceased transactions over the last 12 hours after announcing it is filing for bankruptcy.
Happy Friday!The global crypto market cap is $995.3 billion with a 24-hour volume of $40.53 billion. The price of Bitcoin is $21,384.19 and BTC market dominance is 41.4%. The price of Ethereum is $1,589.34 and ETH market dominance is 19.5%. The best performing cryptoasset sector is Yield Farming, which gained 13%.
Latest NewsGenesis Trading wallets halted – holding over $280M
Genesis Trading wallets have ceased transactions over the last 12 hours after announcing it is filing for bankruptcy. Maple Finance records a loss of $7M at end of 2022Maple Finance Q4 report shows it originated about $87 million across 23 new loans, which is down by 67% from its previous record of $262 million. AI avatars launch on Polygon as CharacterGPT brings NPCs to lifeAI NFTs that can be trained to respond like real people are coming to Polygon ByBit CEO clarifies Mirana exposure to bankrupt GenesisBen Zhao said Mirana's reported $151 million exposure was collateralized by around $120 million which has already been liquidated. Former head of FTX.US raises $5M from Coinbase, Circle for a new crypto startupBrett Harrison, the former CEO of FTX.US, raised $5 million from big-name investors to launch a new crypto startup called Architects. Cardano founder tops poll of ideal crypto CEOs ahead of Satoshi NakamotoCharles Hoskinson ranked first in a poll of ideal crypto CEOs with 43% of the votes. Crypto ransomware payments fall 40% in 2022Ransomware payments fell $309M in 2022 from a high of $766M in 2021 as victims refuse to pay OFAC sanctioned attackers CryptoSlate Daily wMarket Update: Crypto market unshaken despite Genesis bankruptcyThe wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. Ex-FTX chief regulatory officer alleges misconduct by S&C, Ryne MillerDaniel Friedberg alleged that S&C breached ethical obligations and made false statements while Miller channeled business to S&C. BNB Chain deployed the most dApps in 2022, while Ethereum led the pack for NFT transactionsBNB Chain deployed 2,163 dApps, while Ethereum recorded 21.2 million NFT transactions during 2022.
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