Bitcoin
Here are some of the most important things to watch out for in the upcoming week.
Business
Genesis has made a series of transfers to crypto exchanges, suggesting that it could be looking to liquidate its assets.
Embattled crypto lender Genesis is negotiating with creditors on the terms of its Chapter 11 bankruptcy filing.
Former FTX CEO Sam Bankman-Fried claims that information shared by Sullivan & Cromwell (S&C) about a shortfall of funds at FTX US is inherently false.
Whispers about Digital Currency Group’s troubles have continued to make rounds on Twitter this week. While it’s hard to separate fact from fiction, it is worth considering the implications of three possible scenarios.
Kyle Davies and Su Zhu, founders of the now-defunct hedge fund Three Arrows Capital, hope to raise $25 million in seed funding for their new venture “GTX.”
DeFi
Polygon Labs, the entity behind the Polygon blockchain, plans to upgrade its network in a hard fork next week.
Digital Currency Group (DCG) is considering selling some of its assets in light of the billions of dollars its subsidiary Genesis owes creditors.
Former FTX CEO Sam Bankman-Fried has resurfaced on Substack, making a series of claims about the state of FTX and Alameda’s balance sheet before it filed for bankruptcy.
