- by foxnews
- 06 Mar 2025
The cryptocurrency lender Genesis has filed for Chapter 11 bankruptcy in the US, becoming the latest victim of the shakeout in the digital asset market after the collapse of the crypto exchange FTX.
Carol Alexander, a professor of finance at the University of Sussex, said the Chapter 11 move by Genesis had been priced in by crypto markets.
Albania has officially announced a year-long ban on TikTok, becoming the latest country to take action against the social media platform amid concerns over youth safety and digital security. The decision, revealed by Education Minister Ogerta Manastirliu, comes as part of broader efforts to regulate online content and minimize the platform’s perceived negative influence on young users.
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