Discover and read the best of Twitter Threads about #CEXes
Most recents (1)
1/ The world's largest crypto lender is collapsing.
Genesis, under DCG, is ironically the latest victim of the FTX contagion after publishing Alameda Research's balance sheet via Coindesk (DCG's subsidiary).
The contagion has come full circle. Here's what you need to know ⬇️
Genesis, under DCG, is ironically the latest victim of the FTX contagion after publishing Alameda Research's balance sheet via Coindesk (DCG's subsidiary).
The contagion has come full circle. Here's what you need to know ⬇️
2/ The parent company of @Grayscale & @GenesisTrading, @DCGco, is having liquidity issues & seeking a $1B emergency loan.
Before we dive into the details & ramifications, we must understand who’s involved & what their roles are.
Before we dive into the details & ramifications, we must understand who’s involved & what their roles are.
