Luno’s sister company declares bankruptcy — what it means for South Africans

  • 📰 mybroadband
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 67%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Luno’s lending partner and sister company Genesis Global Capital has declared bankruptcy. What happens if Luno’s whole parent company goes under?

This is in stark contrast to Gemini, the major cryptocurrency exchange founded by Cameron and Tyler Winklevoss.

Genesis Global Capital listed the same range, $1 billion to $10 billion, for both assets and liabilities, as well as over 100,000 creditors — the top 50 unsecured claims amount to about $3.4 billion . Digital assets have shed about $2 trillion since a peak in 2021, and many crypto lenders have struggled in the selloff.

DCG, a linchpin of the crypto industry, said on 17 January that it’s suspending quarterly dividends to preserve cash.The Grayscale Bitcoin Trust, the world’s largest crypto fund, has been trading at a steep discount to the amount of cryptocurrency it holds, leading vexed shareholders to call for changes.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 11. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Business Talk – Karen-Lee Pollak on immigration to the US for South AfricansKaren-Lee Pollak of Pollak PLLC talks about the immigration visas available to South Africans.
출처: BusinessTechSA - 🏆 24. / 61 더 많은 것을 읽으십시오 »