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Crypto.com CEO: Zero exposure to Genesis and Gemini Earn

BlockBeats news: On November 17, Crypto.com CEO Kris Marszalek said on his personal social platform that Crypto.com has zero exposure to Genesis and Gemini Earn.

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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

Gemini's Open Letter: DCG's $1.1 billion promissory Note Market Discounts Only $300 million (full text)

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"

On-Chain Activity

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

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

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SomaXBT: Arkham mislabeled address is actually Thorchain vault

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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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