Genesis issues $6M NFT-backed loan to Meta4 Capital

Genesis issues $6M NFT-backed loan to Meta4 Capital

Genesis Global Capital has completed one of its first purely nonfungible token (NFT)-backed loans for $6 million to Meta4 Capital, a Miami-based Web3focused investment management firm. This loan is notable not just... Read more »
Canaan Secures Order for 30,000 Bitcoin Mining Rigs From Genesis Digital Assets

Canaan Secures Order for 30,000 Bitcoin Mining Rigs From Genesis Digital Assets

The application-specific integrated circuit (ASIC) bitcoin mining rig manufacturer Canaan has announced the company has secured a follow-on contract from Genesis Digital Assets for 30,000 mining machines. The sale is part of... Read more »
Bitcoin's latest slump is just a 'natural breather,' Genesis strategist says

Bitcoin’s latest slump is just a ‘natural breather,’ Genesis strategist says

Bitcoin’s latest sideways movement caused a stir in the crypto market, with traders pointing fingers to a variety of different factors as the main catalysts for the slump. However, digging a little... Read more »
Bitcoin Mining Operation Genesis Digital Assets Announces New Data Center in West Texas

Bitcoin Mining Operation Genesis Digital Assets Announces New Data Center in West Texas

Following a number of ASIC mining rig acquisitions from the manufacturer Canaan, the bitcoin mining operation Genesis Digital Assets announced on Monday that the firm is developing an industrial-scale bitcoin mining data... Read more »