NRLIN: OTECH

Genesys Crypto Lending Unit for US Bankruptcy Files

Genesys Crypto Lending Unit for US Bankruptcy Files

Jan. 20 (Reuters) – The lending unit of crypto firm Genesis filed for US bankruptcy protection on Thursday, owing at least $3.4 billion, after being ousted by a market rout along with the likes of FTX exchange and lender BlockFi. Genesis Global Capital, one of the largest cryptocurrency lenders, froze customer refunds on November 16 …

Genesys Crypto Lending Unit for US Bankruptcy Files Read More »

The engineer testified that Tesla's video promoted self-driving

The engineer testified that Tesla’s video promoted self-driving

Jan. 17 (Reuters) – A 2016 video used by Tesla (TSLA.O) to promote its self-driving technology was shown to show capabilities such as stopping at a red light and accelerating at a green light that the system did not have, The Guardian reports. British. Certificate from a senior engineer. The video, still archived on Tesla’s …

The engineer testified that Tesla’s video promoted self-driving Read More »

Lawyer says failed cryptocurrency exchange FTX has recovered more than $5 billion

Lawyer says failed cryptocurrency exchange FTX has recovered more than $5 billion

FTX was valued a year ago at $32 billion More than $8 billion in FTX client funds are missing Submission of a plan to sell FTX affiliates in court New York/Wilmington, Del. Jan. 11 (Reuters) – Cryptocurrency exchange FTX has recovered more than $5 billion in liquid assets, but the scale of customer losses in …

Lawyer says failed cryptocurrency exchange FTX has recovered more than $5 billion Read More »