Earlier this week, Genesis and its parent company, Digital Currency Group, said more than 230,000 retail creditors who used Gemini’s Earn program stand to be made “nearly whole” under a proposed remuneration deal to be voted on later this year. Earn was offered to customers of the Gemini crypto exchange, but Genesis supplied the financial infrastructure that ran the program. (Genesis, like CoinDesk, is owned by DCG.)
Bitcoin (BTC) Set to Become More Dominant Even as First Monthly Loss Since August Looms
As of the time of writing, bitcoin changed hands at $63,200, representing an 11% monthly loss, the first since August...