Earn Update: Today, we are pleased to announce that we have finally reached a settlement in principle with Genesis and other creditors in the Genesis Bankruptcy that will, if approved by the Bankruptcy Court, result in all Earn users receiving 100% of their digital assets back in kind.
This means, for example, that if you had lent one bitcoin in the Earn program, you will receive one bitcoin back as part of this settlement. And it means that you will receive any and all appreciation of your assets since you lent them into the Earn program. If approved, we will be returning over $1.8 billion in value (at today’s prices) — $700 million more than when Genesis halted withdrawals on November 16, 2022.
Looking forward, if the Bankruptcy Court approves the settlement in principle announced today, Earn users can expect to receive approximately 97% of their assets in kind within about two months. And they can expect to receive their remaining asset balance within the next 12 months.
The settlement in principle is subject to definitive documentation. The required Bankruptcy Court process could take as long as two months to complete, and we will keep Earn users informed along the way. Gemini thanks the New York Department of Financial Services (DFS) for its role in this settlement, which delivers a coin-for-coin recovery for Earn users.
Read our full update at https://t.co/89HTYDRuHR
hey guys i dunno if im gonna stay on this site but i heard they let you upload long videos now so…one thing i always wanted to post is the full 10 minutes of my edit that imagines a reboot of seinfeld as a prestige tv series. so here it is in full, SEINFELD: THE RETURN
💱 Tier 1 exchange listing!
@kucoincom integrated @Syscoin#NEVM and listed $SYS with $BTC & $USDT pairs!
Deposits: Effective immediately!
Trading: Tomorrow 11:00 AM UTC
Withdrawals: Friday 10:00 AM UTC
🔗 https://t.co/V4UTc78l3F
#Syscoin#KuCoin
$SYS
Looking to start building a position on $SYS around 40 cents.
ZKRollups & Validium to be released etc..
Chart and some FA below...
Should perform well when the markets turn...
@cointradernik $COVAL has already survived a full cycle, consistent devs who just build without hype, can potentially play a big part in the NFT world, recently added to Coinbase so there's a viable market now after years of being virtually untradeable....
I am now working on Ubiq full-time. Ubiq is a fair-launch PoW EVM L1 with a 5 year flawless track record when it comes to network health. No 51% attacks, or state interventions. If not already familiar, check it out!
https://t.co/PQslyYboFh
Trader Joe's website is an absolutely unusable, non-functioning abomination. A national chain, with non-functioning keyword search, broken pagination, etc...
Whoever created that shit should not be allowed anywhere near a website again, lifetime ban hammer...
Truly surreal watching $COVAL go from $10k to $250M daily volume in just a few weeks... Nice to see patience and persistence thrive in a market often marked by impatience and restlessness.