Genesis reports losses of around $7 million after hedging against market volatility

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 53%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Crypto trading and lending firm Genesis Trading reported losses of around $7 million 'across all counterparties' after it hedged and sold collateral on Tuesday ahead of anticipated market volatility in the wake of a liquidity crunch at FTX.

Crypto exchange Bitmex, which says it has no FTX or Alameda exposure, plans to launch a native crypto token for traders on Friday, regardless of market volatility amid the

collapse of Sam Bankman-Fried’s empire. “We’re sticking to our program,” Salama Belghali, Bitmex’s global head of business development and partnerships said at a conference. “The new […]

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Nice you scammers

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 464. in BR

Brasil Últimas Notícias, Brasil Manchetes