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CryptoCrypto Daily Briefing

Genesis Suspends Redemptions, BlockFi Prepares to BK

Featuring Jeremy Varlow, Ash Bennington, Laura Shin and Chris Sullivan

November 16 at 5:00PM • 40 minutes

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Crypto

Crypto Daily Briefing

Genesis Suspends Redemptions, BlockFi Prepares to BK

It s still hard to get a grip on all the collateral damage done by FTX and Sam Bankman-Fried.

Featuring Jeremy Varlow, Ash Bennington, Laura Shin and Chris Sullivan

November 16 at 5:00PM • 40 minutes

Genesis Global Capital, the crypto-lending arm of Genesis, is suspending redemptions and new loans in response to the "extreme market dislocation and loss of industry confidence caused by the FTX implosion." And the Wall Street Journal is reporting that BlockFi is preparing for a potential bankruptcy filing after the crypto lender halted withdrawals from its platform last week because of its own significant exposure to the collapsed crypto exchange. Jeremy Varlow and Ash Bennington welcome Laura Shin, host of the Unchained podcast, and Chris Sullivan, the CEO of Hyperion Decimus, to talk about the still-spreading FTX contagion and another WSJ report that founder Sam Bankman-Fried is trying to raise fresh capital… We want to hear from you too – please share your questions, comments, and suggestions! Editor’s Note: Our live chat feature will be unavailable for four to six weeks as we upgrade our video player technology. We apologize for the temporary loss of function. But we assure you the upgrade will more than justify the wait. In the meantime, we will be monitoring the comments section. So, in addition to conversing with your fellow community members, please share your questions there. Show More

Crypto Daily Briefing brings you live daily analysis and in-depth interviews with the world s leading financial experts so that you can cut through the noise and hype and leave with key takeaways for investing in crypto, Web3 and beyond. Live from Monday to Friday, at 9am PT/12pm ET/5pm UTC.

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Crypto Daily Briefing brings you live daily analysis and in-depth interviews with the world s leading financial experts so that you can cut through the noise and hype and leave with key takeaways for investing in crypto, Web3 and beyond. Live from Monday to Friday, at 9am PT/12pm ET/5pm UTC.

More Episodes

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