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OKX: No contact with Genesis, Gemini, or BlockFi

BlockBeats news: Crypto trading platform OKX tweeted on November 17 that it has not been approached by Genesis, Gemini or BlockFi and does not work with third-party service providers on its OKX Earn product in order to minimize counterparty risk.

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[Update, January 3] DCG is deeply in debt turmoil, Gemini Joint Venture publicly sent a letter asking for repayment as soon as possible

Gemini Associates sent a letter to DCG's founder demanding that it repay Earn users more than $900 million

Over $3.5 billion in debt. Who does Genesis owe money to?

High-profile creditors include Gemini, Mirana ventures, paypal Finance, and even Big Time.

DCG responds to Genesis bankruptcy: In contact with creditors, will help repay debt

In its statement, DCG confirmed the apparent separation between DCG and Genesis.

What should wealth management users do if Genesis is thunderstormed?

"We should hope that DCG can raise funds quickly, buffer its damage and reduce the crisis chain of infection"

Full text of Gemini Joint Venture DCG Open letter: Recovery of $900 million loan on behalf of over 340,000 users

On-Chain Activity

13min ago

Mercado Hacker Address Tracking: Stole 3,680 ETH, 106 BTC, and $8 million in stablecoins

1h ago

USDC Treasury burns 100 million tokens, approximately $100.2 million.

2h ago

SomaXBT: Arkham mislabeled address is actually Thorchain vault

3h ago

BlackRock ETF addresses saw outflows of 580,000 ETH over the past month, amounting to approximately $1.32 billion.

24H Important News

2026-11-03

Mercado Hacker Address Tracking: Stole 3,680 ETH, 106 BTC, and $8 million in stablecoins

Bloomberg: After $6.3 billion stolen, Binance offers higher rebates to some market makers to maintain liquidity.

Hyperliquid's second AQAv2 reserve revenue distribution is expected to take place on November 3.

Brazilian trading platform Mercado Bitcoin hacked for over $40 million, deposits and withdrawals suspended.

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