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Report: Genesis Owes Gemini Customers $900 Million, Exchange Is Attempting to Recoup Assets

Report: Genesis Owes Gemini Customers 0 Million, Exchange Is Attempting to Recoup AssetsAccording to a recent report from the Financial Times (FT), Genesis Global Capital allegedly owes $900 million to Gemini customers. The exchange operated by Cameron and Tyler Winklevoss is attempting to recover the funds from Genesis, according to FT’s sources. Report Claims Genesis Owes the Winklevoss-Operated Exchange Gemini $900 Million FT reports that the centralized […]

Optimism will roll out new features to support layer 3 on Superchain

FTX Raises $420 Million in Series B-1 — Crypto Exchange Commands $25 Billion Valuation

FTX Raises 0 Million in Series B-1 — Crypto Exchange Commands  Billion ValuationThe digital currency exchange FTX Trading Limited announced the firm has raised more than $420 million in a Series B-1 fundraise. The capital raise follows the crypto exchange’s financing round at the end of July when FTX raised $900 million. After the raise was announced on October 21, FTX said the firm’s estimated valuation is […]

Optimism will roll out new features to support layer 3 on Superchain

FTX Closes $900 Million Series B — Capital Raise Pushes Exchange Valuation to $18 Billion

FTX Closes 0 Million Series B — Capital Raise Pushes Exchange Valuation to  BillionFTX Trading Ltd. announced the firm has closed the largest capital raise in crypto exchange history in a Series B funding round for $900 million. The financing gives FTX a valuation of around $18 billion and the crypto firm aims to expand its global presence. FTX Closes Largest Capital Raise in Crypto Exchange History FTX […]

Optimism will roll out new features to support layer 3 on Superchain