Tag: 1.6B

Genesis Seeks Approval to Sell $1.6B in Bitcoin, Ether Trust Holdings

Genesis Seeks Approval to Sell $1.6B in Bitcoin, Ether Trust Holdings

Nearly $1.4 billion of Genesis’ assets were held in Grayscale Bitcoin Trust (GBTC), which has since converted to become a spot exchange-traded fund (E [...]
Gemini sues Genesis over GBTC shares used as Earn collateral, now worth $1.6B

Gemini sues Genesis over GBTC shares used as Earn collateral, now worth $1.6B

Cryptocurrency exchange Gemini filed an adversary proceeding against bankrupt crypto lender Genesis Global Holdco in the Southern District of New York [...]
Gemini Sues Bankrupt Lender Genesis, Its Former Partner, Over $1.6B Worth of GBTC

Gemini Sues Bankrupt Lender Genesis, Its Former Partner, Over $1.6B Worth of GBTC

In an action filed as part of Genesis' bankruptcy case, Gemini is seeking to gain control of the GBTC shares, which, Gemini said, "would completely se [...]
Ethereum launches new testnet ‘Holešky,’ allocates 1.6B ETH for devs

Ethereum launches new testnet ‘Holešky,’ allocates 1.6B ETH for devs

Ethereum developers launched a new testnet on Sept. 15. Called “ Holešky,” the network is expected to be used for staking, infrastructure and protocol [...]
Leonard Leo used Federalist Society contact to obtain $1.6B donation

Leonard Leo used Federalist Society contact to obtain $1.6B donation

Interviews with people familiar with the internal workings of the Federalist Society, including two board members, paint a picture of a symbiotic rel [...]
$1.6B FTX International Customers Group Hires Law Firm to Create Official Bankruptcy Committee

$1.6B FTX International Customers Group Hires Law Firm to Create Official Bankruptcy Committee

The non-U.S. FTX customers, led by Eversheds Sutherland attorneys Sarah Paul and Erin Broderick, had already formed the first FTX ad hoc group, and as [...]
Fox’s Rupert Murdoch to be deposed in Dominion Voting’s $1.6B lawsuit

Fox’s Rupert Murdoch to be deposed in Dominion Voting’s $1.6B lawsuit

Rupert Murdoch, chairman of News Corp and co-chairman of 21st Century Fox, arrives at the Sun Valley Resort of the annual Allen & Company Sun Vall [...]
MakerDAO community votes to approve custody of $1.6B USDC with Coinbase

MakerDAO community votes to approve custody of $1.6B USDC with Coinbase

Institutional prime broker platform for crypto assets Coinbase Prime announced on Oct 24th that it had entered into a partnership with MakerDAO — the [...]
Coinbase to Significantly Benefit From $1.6B Transfer of MakerDAO’s USDC, Analyst Says

Coinbase to Significantly Benefit From $1.6B Transfer of MakerDAO’s USDC, Analyst Says

Lau wrote that the added USDC on Coinbase Prime would help the company gain assets and aid Coinbase’s ability to conduct similar proposals, while also [...]
Solana NFT Marketplace Magic Eden closes $130M Series B round at $1.6B valuation

Solana NFT Marketplace Magic Eden closes $130M Series B round at $1.6B valuation

On Tuesday, Magic Eden, a popular nonfungible tokens, or NFTs, platform on the Solana (SOL) blockchain with 112,927 SOL ($4 million) in 24-hour tradin [...]
Solana NFT Marketplace Magic Eden Raises $130M at $1.6B Valuation

Solana NFT Marketplace Magic Eden Raises $130M at $1.6B Valuation

“We know that NFTs are the best way to bring people onto the blockchain,” Jack Lu, CEO of Magic Eden, said in a statement. “NFTs are exciting, social [...]
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