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Bankrupt crypto lender Genesis sues Gemini to recover $689M of ‘preferential transfers’

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Genesis claims Gemini made preferential transfers of about $689 million from Genesis and wants the court to “correct this unfairness.”

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Coin Market

Treasury Secretary Bessent likens GENIUS Act to Lincoln-era banking reform

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The OCC has finalized rules for stablecoin reserves and redemptions, with Bessent calling the GENIUS Act a “watershed moment for American finance.”

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Coin Market

Chainlink, Cardano, other blockchain groups push SEC for clearer crypto rules

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Six major blockchain organizations urged the SEC to formally recognize digital commodities as non-securities in its proposed regulatory framework.

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Coin Market

Bitcoin price tags $84.6K as US stocks head higher on SpaceX Q3 earnings beat

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Bitcoin extended gains to approach $85,000 after US stock markets reacted to higher-than-expected SpaceX earnings.

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