- "Substantial doubt exists about the company’s ability to continue as a going concern for a reasonable period of time," it said in a filing Thursday. Shares of the company, which went public in January, fell about 30% in U.S. pre-market trading.
- The Austin, Texas-based company will not make payments due in late October and early November 2022 with respect to several of its equipment and other financings, it said in a filing Thursday. Creditors may decide to sue the company for non-payment or take action with respect to collateral, it said.
- The firm is exploring a variety of options to address its shortfall, including hiring advisers, raising additional capital or restructuring its existing capital structure.
No two users can claim the same addresses on the platform ensuring that there is no cross-attestation. Additionally, if a user removes an address or wallet, that address cannot be re-attested for at least 60-days.
Block (formerly Square) will be manufacturing their upcoming hardware wallet in Austin, Texas. This post highlights the process they took when making this decision.
Genesis is the main partner in Gemini’s “earn” programme, where retail investors lend out their coins in exchange for a fixed stream of returns. Gemini halted withdrawals from the scheme last month.