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Genesis crypto lending unit files for bankruptcy in the US

Jan 20 (Reuters) – The loan unit of crypto firm Genesis filed for bankruptcy protection in the United States on Thursday, owing its creditors at least $3.4 billion, after being knocked down by a rout market with companies like FTX exchange and lender BlockFi. Genesis Global Capital, one of the largest crypto lenders, froze client …

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Crypto lender Genesis prepares to file for bankruptcy, reports Bloomberg News

Jan 18 (Reuters) – Cryptocurrency lender Genesis Global Capital plans to file for bankruptcy as soon as this week, Bloomberg News reported on Wednesday, citing people with knowledge of the situation. A bankruptcy filing has been expected for weeks, after the company froze customer redemptions on November 1. 16 following the fall of leading cryptocurrency …

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Twitter back online after global outage affects thousands

Dec 28 (Reuters) – Twitter Inc suffered a major outage on Wednesday, preventing tens of thousands of users around the world from accessing the popular social media platform or using its main features for several hours before the services don’t seem to come back online. The incident is the social media site’s first apparent widespread …

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Morocco airline cancels World Cup fans flights, citing Qatar restrictions

RABAT, Dec 14 (Reuters) – Morocco’s national airline said it was canceling all flights it had scheduled for Wednesday to carry fans to Doha for the World Cup semi-final, citing what it said was a decision by Qatari authorities. “Following the latest restrictions imposed by the Qatari authorities, Royal Air Maroc regrets to inform customers …

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