THE HASH: DCG-Owned Luno Cuts Staff by 35%; Genesis Seeks $20.9M From 'Bitcoin Jesus'

The most valuable crypto stories for Wednesday, Jan. 25, 2023. 

"The Hash" discusses today's top stories, including crypto exchange Luno cutting 35% of its workforce, citing the "incredibly tough year" affecting the crypto market. Separately, a unit of Genesis Global, the crypto lender that filed for bankruptcy protection in New York last week, claims Roger Ver – sometimes referred to as “Bitcoin Jesus” based on his early evangelism for the industry – failed to settle cryptocurrency options trades. 

Disclaimer: Digital Currency Group is the parent company of Luno, Genesis, and CoinDesk.

See also: ​​

'Bitcoin Jesus' Says He Has the Money to Pay Ailing Crypto Lender Genesis

Crypto Exchange Luno Cutting 35% of Its Staff

Crypto Exchange Luno's Co-Founder Departed in December

Digital Currency Group Owes Subsidiary Genesis Global Over $1.65B

Genesis Seeks $20.9M From ‘Bitcoin Jesus’ Over Crypto Options Trades That Weren’t Settled

-

This episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.