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All posts in Januar 2023

Genesis Trading Arm Still Active Despite Bankruptcy Filing

Posted on Author adminPosted in Allgemein

• Genesis Global Holdco LLC, the holding company of troubled cryptocurrency lender Genesis Global Capital, filed for Chapter 11 bankruptcy protection in New York.
• Even as Genesis‘ crypto-lending business entered bankruptcy court protection, the company’s trading arm, which remained out of Chapter 11, is still moving money around on blockchains – a sign the business was still running at least somewhat as normal.
• About $125 million was sent to exchanges in the run-up to Genesis‘ lending division filing for Chapter 11 protection. More was moved the next day.

Genesis Global Holdco LLC, the holding company of the troubled cryptocurrency lender Genesis Global Capital, recently filed for Chapter 11 bankruptcy protection in New York. This filing was made after the company was hit hard by two of the biggest industry collapses of 2022. Despite this, CoinDesk News Desk Managing Editor Danny Nelson reports that the company’s trading arm, which remained out of Chapter 11, is still moving money around on blockchains – a sign that the business is still running at least somewhat normally.

Before the filing for Chapter 11 protection, around $125 million was sent to exchanges. Even more money was moved the next day, with the Genesis over-the-counter (OTC) trading desk sending funds to multiple wallets, including some owned by exchanges such as Huobi and Coinbase. This suggests that the trading arm is still operating, indicating that the business could still be relatively normal despite the bankruptcy filing.

The news of the trading arm’s activity comes at a time when the crypto industry is facing a period of uncertainty due to the recent tumult. While the bankruptcy filing of Genesis’ lending division is a sign of the industry’s fragility, the fact that the trading arm is still active is a sign of relative normality. It’s a reminder that despite the current state of the industry, there are still some aspects of the market that remain stable and functioning.

This stability is important for the crypto industry, as it helps to bring reassurance to investors and traders that the market can still function even in the face of uncertainty. As the industry continues to grow, this stability will be increasingly important, and it’s reassuring that the trading arm of Genesis is still active.

Although the exact implications of the trading arm’s activity remain to be seen, it’s clear that the crypto industry is still functioning, even in the face of turmoil. This is a sign of relative normality and could help to bring some much needed stability to the market.

Crypto Lending Firm Genesis Holds $5.1 Billion in Liabilities After Freeze on Withdrawals

Posted on Author adminPosted in Allgemein

• In November, crypto lending firm Genesis held $5.1 billion in liabilities.
• This was revealed in a first-day motion in the U.S. Bankruptcy Court for the Southern District of New York.
• The liabilities came following Genesis‘ freeze on withdrawals due to the collapse of FTX and sister company Alameda.

Crypto Markets Today reported on the news that crypto lending firm Genesis held $5.1 billion in liabilities in the weeks following its freeze on withdrawals in November. This was revealed in a first-day motion in the U.S. Bankruptcy Court for the Southern District of New York, which was signed by interim CEO Derar Islim. The motion provided a breakdown of Genesis’ financial state heading into its restructuring.

The liabilities stemmed from the collapse of FTX and sister company Alameda, which sparked a “run on the bank” as customers demanded Genesis repay $827 million in loans. Consequently, the lending units were forced to freeze withdrawals, leaving Genesis with $5.1 billion in liabilities. This move caused the three Genesis entities – Genesis HoldCo, Genesis Global Capital LLC and Genesis Asia Pacific PTE. LTD – to file for Chapter 11 bankruptcy protection.

The events leading up to Genesis’ financial troubles began with the crash of FTX and Alameda. In October, the two companies lost $5.5 billion in assets and faced negative market sentiment due to the risks associated with their business model. This caused extreme volatility in the crypto markets, resulting in losses for many companies.

The losses were especially difficult for Genesis, as its business model relied heavily on FTX and Alameda. As a result, Genesis was left with no other option but to suspend withdrawals and file for bankruptcy protection.

The news of Genesis’ financial troubles had a ripple effect throughout the crypto markets, as investors became more cautious about their investments. This caused the price of Bitcoin to dip slightly, as well as the prices of other cryptocurrencies.

Despite the news, many in the crypto industry remain optimistic about the future of the sector. Many believe that the crypto markets are still in a nascent stage and that the sector will continue to grow in the coming years.

In the meantime, Genesis is in the process of restructuring its business model and developing a new strategy for the future. The company is working to create more transparency for its customers and to ensure that its business practices are in line with regulatory standards.

Genesis’ financial troubles have been a lesson for the entire crypto industry. It has highlighted the importance of having robust risk management practices in place and of being aware of the risks associated with investing in the crypto markets. It has also demonstrated the need for more regulation in the sector to protect investors’ interests. As the industry continues to grow, it is likely that similar situations will arise in the future, so it is important to be prepared.

How to Change Your Windows 10 Desktop

Posted on Author adminPosted in Windows 10

Are you fed up with the same old desktop each time you switch on your PC? Do you want to personalize you Windows 10 desktop with a couple of easy steps? If yes, then you’re in the right spot! This article will demonstrate how you can easily alter the look of your Windows 10 desktop to make it your personal.

Customizing the Desktop Wallpaper

The ability to change the wallpaper on your computer is among the most simple ways to personalize you Windows 10 desktop. For this to be done, click right in your computer, choose „Personalize“ and then click on „Background“. From there, you’ll be able to select the wallpaper you want from a selection of choices. You can also upload a photo of your own , if you’d like.

Changing the Screen Saver

Another way to personalize your desktop is by changing the background screen. For this to be done, click right on your desktop, and then select „Personalize“. Next, select „Screen Saver“. From there you’ll be able choose a screen saver that is already installed or upload your own.

Organizing the Desktop

If you’re like the majority of people, your desktop likely to be cluttered with folders and files. To help you organize your desktop, build folders to arrange your files in a manner that is suitable for you. For creating a new folder simply right-click on your desktop and choose „New“ and then „Folder“.

Adding Shortcuts

If you are constantly accessing specific folders and files it is possible to create shortcuts that help you access them. In order to create your own shortcut, right click on the folder or file you’d like to make the shortcut for and choose „Create Shortcut“. Then, you can move the shortcut onto your desktop.

Using the Taskbar

The taskbar can be a fantastic option to organize and gain access to the most frequently used apps and applications. To open the taskbar, click right-click on your desktop and choose „Taskbar“. From here, you are able to move, add or remove the icons displayed on the taskbar.

Changing the Icon Size

In the event that you’d prefer to make icons that you see on your desktop more or smaller it is possible to do this by right-clicking your desktop and choosing „View“. From there, you’ll be able to choose „Large Icons“, „Small Icons“ or „No Icons“.

Adjusting File and Folder Options

Should you wish to alter how your folders and files are displayed on your desktop you can do this by right-clicking your desktop and choosing „View“. From there, you can select to hide or show icons, display or hide information and much more.

Conclusion

The ability to change the wallpaper on your Windows 10 desktop is a fantastic way to customize your system and make it appear more like your personal. In just a few steps, you are able to change your desktop wallpaper or screen saver size, and much more. What is it you’re doing you Start creating your own Windows 10 desktop today!

How to Connect Alexa to Your Soundbar

Posted on Author adminPosted in Soundbar

Are you looking to take your experience with your soundbar to the highest level? By connecting the Alexa directly to the soundbar could be an excellent option to accomplish this! If you’re looking for ways to make your listening experience more enjoyable or benefit from the most recent advancements in voice control technology connecting to connect your Alexa with your soundbar could be the right way to go. This article will go over the benefits connected Alexa directly to the soundbar. the things you’ll need to do to establish connections and the best way to go about it. We’ll also discuss troubleshooting the most common problems and offer suggestions to enhance your experience with your soundbar.

The Advantages of Connecting Alexa to Your Soundbar

The ability to connect Alexa with your audiobar has many advantages. First you’ll be able manage your soundbar via your voice. Instead of using an actual remote, you’ll be able to simply say to Alexa exactly what you want her to accomplish. This makes it easier using your speaker because you don’t have to remember remotes or fret about it being far away. Furthermore, Alexa can provide you with access to a variety of podcasts, music and other audio-related content. All you need to do is request it and Alexa will handle everything else.

What You Need to Connect Alexa to Your Soundbar

To join Alexa on your audiobar, you’ll require several things. The first is an Alexa-enabled gadget, like one of the Echo Dot or Echo Show. Also, you’ll require Wi-Fi connectivity along with the audio connection. The audio cable is utilized to connect your soundbar to the Alexa-enabled device. Based on the kind of soundbar that you have you may require a particular type of audio cable. Be sure to have the correct cable before beginning the connecting process.

Steps to Connect Alexa to Your Soundbar

When you’ve got all the items you need then you’re all set to join the Alexa and your Soundbar. It’s a simple process that is likely to take just some minutes. Here’s how:

1. Start by turning on your audiobar and making sure that it’s connected to the Wi-Fi network.

2. Connect the audio cable to your soundbar and connect it to an Alexa-enabled device.

3. Start your Alexa App on your phone, and then select“Devices. „Devices“ option.

4. Choose“Add Device“ and then click on the „Add Device“ option and choose „Soundbar.“

5. Follow the instructions on the screen to complete the connection procedure.

6. After the connection has been established after which you’ll be able connect your soundbar to Alexa.

Troubleshooting Common Issues

If you encounter any difficulties while connecting the Alexa with your Soundbar there are couple of steps you can follow to resolve the issue. The first step is to ensure that the soundbar is connected to the Wi-Fi network. If it’s not then you’ll be unable to connect. Also, ensure that you’re using the appropriate kind of cable for audio. Different types of soundbars need different kinds of audio cable, and you should you need to make sure you’re using the correct one. If you’re still experiencing issues following these suggestions it’s possible to call customer service to get help.

Tips for Enhancing Your Soundbar Experience

When you have your Alexa connects to the soundbar there are some actions you can take to enhance the experience. Begin by exploring the various commands that Alexa is able to understand. This will enable you to maximize the performance from your speaker. You may also be interested in exploring the different streaming services for music that work with Alexa. This allows you to access more audio-related content. Also, think about buying additional Alexa-enabled devices for example, the Echo Dot or Echo Show. This will let you manage your audiobar in every space within your home.

Conclusion

Making the connection of Alexa on your Soundbar a fantastic method to make the most value from your experience with your soundbar. With Alexa you’ll be able manage your soundbar via your voice, gain access to an array of audio content, and manage your soundbar from any location within your home. All you require is an Alexa-enabled device wi-fi connectivity, and the correct audio cable. The process is easy and is likely to take just about a couple of minutes. Once you’ve established the connection and you’re able to explore the different commands Alexa recognizes and make use of the many streaming services for music available. In just a few steps you’ll be able get the most out of your experience with your soundbar.