Around $900 million is estimated to be frozen on the platform as a result. Gemini itself blamed the halt on a similar freeze at the now bankrupt crypto lender Genesis, a unit of the blockchain conglomerate Digital Currency Group (which also owns CoinDesk), on which the exchange had invested its Earn customers’ funds. www.coindesk.com
Around $900 million is estimated to be frozen on the platform as a result. Gemini itself blamed the halt on a similar freeze at the now bankrupt crypto lender Genesis, a unit of the blockchain conglomerate Digital Currency Group (which also owns CoinDesk), on which the exchange had invested its Earn customers’ funds.
www.coindesk.com