Blockchain
Are DCG and Genesis going bankrupt and causing another crypto crash like Terra Luna?
- Sources familiar with the matter said that Genesis has hired an investment bank to explore different options, including bankruptcy.
- DCG chief Barry Silbert wrote to investors explaining the current situation and assured that they would come out stronger from the current crisis.
The contagion of the FTX collapse has spread to some of the biggest players in the crypto space such as the Digital Currency Group (DCG). On Tuesday, November 22, sources familiar with the matter told the New York Times that Genesis Global Capital has hired investment bank Moelis & Company to explore different options including bankruptcy.
The report adds that there aren’t any financial decisions made yet and that Genesis can still look to avoid bankruptcy. As per the previous reports, Genesis Global is looking to raise $1 billion in funds with a deadline of Wednesday. Another option proposed by industry experts is Reg M for Grayscale’s Trust.
In the FTX accounts, the derivatives unit of Genesis Global has more than $175 million locked. Thus, all eyes are now on the parent company Digital Currency Group (DCG), and whether it can help Genesis with its liquidity requirement. Some sources familiar with the matter also stated that Genesis has lowered the ask of fundraising to $500 million. In a note to investors on Tuesday, DCG founder and CEO Barry Silbert spoke about the current situation. He noted:
In recent days, there has been chatter about intercompany loans between Genesis Global Capital and DCG. For those unaware, in the ordinary course of business, DCG has borrowed money from Genesis Global Capital in the same vein as hundreds of crypto investment firms. These loans were always structured on an arm’s length basis and priced at prevailing market interest rates.
DCG will come out stronger from this Crypto winter
Barry Silbert further disclosed adding that DCG has a liability of $575 million to Genesis Global due May 2023. He added that DCG used this loan amount to fund different investment opportunities and repurchase the DCG stock from non-employee shareholders in the secondary market.
Furthermore, Silbert reminded investors that there’s a $1.1 billion promissory note due June 2023, that DCG owes Genesis related to the liabilities from the default of Three Arrows Capital. However, Silbert remains confident that DCG can come out stronger from the current mess. He noted:
DCG will continue to be a leading builder of the industry and we are committed to our long-term mission of accelerating the development of a better financial system. We have weathered previous crypto winters and while this one may feel more severe, collectively we will come out of it stronger.
Amid the current liquidity crunch and the mismatch in the loan book, Genesis Global leadership and their board decided to hire legal and financial advisors. The firm is exploring different possible options as of now. “Our goal is to resolve the current situation without the need for filing a bankruptcy,” a Genesis spokesman told the New York Times.
Der Beitrag Are DCG and Genesis going bankrupt and causing another crypto crash like Terra Luna? erschien zuerst auf Crypto News Flash.
Blockchain
Avatar-3 Introduces AI-Driven Meme Ecosystem With AV3 Token at Its Core
A new hybrid AI–meme token project emerges with a gamified ecosystem and expanding utility.
Avatar-3 (AV3), a newly launched meme-driven AI ecosystem, has entered the market with a model that blends entertainment, decentralized participation, and automated intelligence. The project positions itself as a next-generation “AI companion meme coin,” centered around a digital character called Avatar-3 who evolves through user interactions and ecosystem activity.
AI-Integrated Meme Economy
At the core of the project is the AV3 token, which powers all interactions within the Avatar-3 ecosystem. The platform combines AI-generated content, user engagement mechanics, and mission-based activities to expand the character’s lore and progression over time. The team describes Avatar-3 as a “self-learning digital entity,” with narratives and community events shaped by tokenholder participation.
The project’s AI system generates memes, visual content, and storyline elements in real time, creating an ongoing loop between user engagement and ecosystem expansion. Community missions and upgrades appear to be central components of the platform’s progression structure.
AV3 Token Structure and Utility
Avatar-3 uses AV3 as its native token for:
- Access to missions and character upgrades
- Governance participation on future feature releases
- Rewards for ecosystem engagement
- Unlocking exclusive AI-generated content and rarity items
The token operates on a capped-supply structure, reinforcing its role as the primary value layer within the Avatar-3 universe.
Roadmap and Feature Expansion
The development roadmap highlights several upcoming components, including:
- AI-powered meme creation and content personalization
- A marketplace for Avatar upgrades, skins, and digital items
- Lore-driven events that evolve the Avatar-3 character
- Expanded social features for community-driven storytelling
- Potential integration of cross-platform AI agents
The ecosystem is designed to scale through continuous model training, enabling Avatar-3 to become more expressive and interactive as activity increases.
Growing Community Presence
Avatar-3 is positioning itself as an AI-enhanced meme experiment rather than a conventional utility project. Early community activity has focused on character building, daily missions, and collaborative meme campaigns, aiming to distinguish AV3 from typical meme-coin launches through narrative depth and AI-generated variety.
As meme-AI hybrids continue gaining traction across the market, Avatar-3’s blend of interactive storytelling and token-driven progression places it among a growing class of experimental entertainment-focused crypto projects.
Blockchain
Real Token Positions Itself as a Web3 Identity & Asset Layer With New On-Chain Utility Expansion
Real Token (REAL), the native asset powering the Real Chain ecosystem, is emerging as a foundational component of a decentralized identity, verification, and asset-backed tokenization network designed for real-world applications. The project continues gaining traction as users explore its blended approach to authentication, multi-asset registration, and trust-layer infrastructure across Web3.
A Growing Identity Layer for Web3
Real Chain operates as a blockchain protocol focused on secure digital identities and asset verification. At its core is the Real ID system — a user-controlled, on-chain identity model enabling permissioned access, verifiable credentials, and cross-platform authentication without relying on centralized databases.
REAL, the protocol token, functions as the economic engine behind identity validation, staking, and node participation. It is also used to facilitate network fees, reward verification services, and anchor trust mechanisms across the platform.
Asset Registration and the “Proof of Realness” Standard
A key element of Real Chain is its asset-registration infrastructure, which allows users and institutions to tokenize physical or digital assets with cryptographic authenticity. This emerging standard — often referred to by the community as Proof of Realness — underpins:
- Tokenized records for property or collectibles
- Secure digital certificates
- Authentication for brands and enterprises
- Verifiable ownership records across marketplaces
REAL token staking reinforces this verification layer by ensuring validators maintain network integrity.
REAL Utility Expands With New Protocol Features
The ecosystem continues to roll out additional functionality, including:
- Upgraded validation modules to enhance identity scoring
- Smart-contract-based asset vaults for issuing traceable digital proofs
- Integration pathways for Web2 platforms, enabling businesses to link their identity systems with Real Chain
- A governance framework that allows token holders to influence protocol upgrades
As adoption increases, REAL is positioning itself as both the governance asset and operational currency of an identity-driven blockchain framework.
Market Outlook: Identity and Verification Gaining Momentum
The broader digital identity sector has seen accelerating interest as enterprises explore decentralized verification solutions. Real Chain is attempting to capture this demand by combining utility-based token economics with real-world authentication infrastructure.
REAL holders benefit from a growing set of on-chain functions including validation rewards, voting rights, and participation across emerging verification markets.
With identity-layer protocols gaining relevance across DeFi, enterprise blockchain, and tokenized commerce, Real Token is shaping itself as a contender within the niche of secure, interoperable Web3 identity systems.
Blockchain
Blazpay Crypto Presale Goes Live At $0.0146875 as TRON (TRX) and Avalanche (AVAX) Drive Momentum in New Crypto Coins
As major Layer-1 networks like TRON (TRX) and Avalanche (AVAX) continue gaining momentum with fresh upgrades, rising adoption, and strong price performance, investors are now weighing established market leaders against the newest high-growth opportunities. While TRX benefits from enhanced EVM compatibility and Revolut integration, and AVAX accelerates with a surge in active wallets and subnet expansion, attention is rapidly shifting toward emerging presale tokens showing real utility.
Among these rising new crypto coins, Blazpay (BLAZ) has stepped into the spotlight as Phase 5 of its presale goes live at $0.0146875. With over 93% of tokens already sold, the project has raised $1.95M and continues to attract early-stage token holders looking for practical utilities, AI-powered tools, and one of the final discounted entry points before price adjustments.
Blazpay Phase 5 Crypto Presale Overview
Blazpay’s Phase 5 crypto presale represents a pivotal moment for early-stage token holders seeking high-potential new crypto coins. With the majority of tokens already sold, scarcity and momentum are driving interest. Its low entry cost and rapid uptake have placed Blazpay prominently among the best presale crypto opportunities right now.
Phase 5 allows token holders to participate before listing on DEX and CEX platforms, ensuring they capture potential upside. The presale’s strong completion rate demonstrates market confidence in Blazpay’s utilities and long-term viability.

Utilities And Ecosystem
Blazpay stands out among new crypto coins with an ecosystem built for practical use and long-term adoption. Its AI-powered BR SDK equips developers with tools for trading, analytics, and automation, while unified rewards gamify engagement, turning activity into points, yield, and perks. Multichain access ensures fast, low-fee transactions, and perpetual trading features provide early exposure to AI-driven tools. These combined utilities make Blazpay a compelling choice for early-stage token holders seeking both functional value and speculative upside.
Referral Rewards – Instant USDT Incentives
Blazpay’s referral system offers immediate rewards, paying out USDT as soon as a referral joins the presale. Unlike traditional programs that require extended vesting periods, Blazpay’s viral referral structure ensures users earn instantly. As participants invite others, their rewards compound over time, strengthening both their personal holdings and the overall ecosystem.
Referral engagement drives adoption, increases liquidity, and maintains momentum throughout the presale. For token holders evaluating new crypto coins, this referral program adds a tangible income stream, enhancing Blazpay’s appeal as a presale cryptocurrency and a top choice right now.
Blazpay Price Prediction And Token Holder Scenario
Analysts predict Blazpay’s Phase 5 presale could reach $0.018–$0.022 by the end of this phase, with listing prices potentially hitting $0.04–$0.06. Over the next 12 months, the token could trade between $0.10–$0.18, driven by the adoption of BR SDK utilities, unified rewards, and multichain features.
A $1,500 investment scenario illustrates the potential upside. At the current presale price of $0.0146875, a token holder would acquire approximately 127,659 BLAZ tokens. If the listing price reaches $0.04–$0.06, the portfolio value could rise to $5,106–$7,659, providing a 3x–5x ROI. Beyond listing, Blazpay’s ecosystem utilities offer long-term growth potential, reinforcing its position as a top new crypto coin for early-stage token holders.
How to Buy Blazpay Presale Tokens
Acquiring Blazpay tokens is straightforward for both new and experienced crypto token holders. Visit the official Blazpay presale website, connect your wallet (MetaMask, Trust Wallet, or similar), select your preferred payment currency (USDT, ETH, or BNB), enter the desired BLAZ token quantity, approve the transaction in your wallet, and claim your tokens after the presale concludes.

TRON (TRX) Gains Momentum as New Tech Upgrades and Revolut Integration Boost Utility
TRON (TRX) is trading at $0.3247, posting a 0.8% daily and 3.1% weekly rise, bringing its market cap to roughly $30.75 billion. The network recently deployed JavaTron 4.8.1 on its Nile Testnet, introducing performance upgrades, enhanced security, and improved EVM compatibility. Founder Justin Sun highlighted the project’s push for transparency and teased more updates ahead. TRON also secured a major adoption boost after its integration with Revolut, giving European users access to TRX staking and stablecoin services, a move that could expand its mainstream reach.
Avalanche (AVAX) Sees Strong Uptick as Active Wallets Surge and Subnet Growth Accelerates
Avalanche (AVAX) trades at $27.16, up 8.9% in 24 hours and 3.9% over the week, with a market cap near $11.45 billion. The network recently hit 2.2 million active wallets, fueled by hit projects like MaplestoryU and The Arena, marking an impressive 400% monthly growth. The Avalanche Foundation is doubling down on expansion by allocating a portion of its $100M culture fund to memecoins and rolling out a $290M subnet incentive program aimed at driving scalable Web3 development. Meanwhile, DeFi activity is climbing fast, TVL jumped nearly 40% following the performance-boosting Octane upgrade.
Conclusion
While TRON and Avalanche maintain strong market positions and provide stability, Blazpay emerges as the most aggressive presale token right now. Its BR SDK, unified and gamified rewards, multichain infrastructure, and viral referral system make it uniquely positioned for early-stage growth and long-term adoption. Token holders searching for high-potential new crypto coins are increasingly prioritizing Blazpay over established networks due to its combination of early-stage upside, functional utilities, and strong community engagement.
Blazpay is not only a promising presale cryptocurrency but also a practical platform for developers, traders, and token holders seeking exposure to innovative blockchain tools. With Phase 5 nearly sold out, immediate participation ensures potential access to one of the most compelling new crypto coins of the year.

Join the Blazpay Community
Website: www.blazpay.com
Twitter: @blazpaylabs
Telegram: t.me/blazpay
FAQs
Is Blazpay the best presale token right now?
Yes, Blazpay Phase 5 combines BR SDK, unified rewards, and strong market momentum, making it a leading presale cryptocurrency right now.
How does the referral rewards system work?
Participants earn instant USDT for each successful referral, with rewards compounding over time as new users join the ecosystem.
What is BR SDK, and how does it benefit developers?
BR SDK provides AI-powered tools for building and integrating decentralized applications, enabling seamless deployment and enhanced functionality.
How do TRON and AVAX compare to Blazpay for token holders?
TRON offers stability and mature adoption, AVAX delivers scalability and DeFi integrations, but Blazpay provides early-stage growth and functional utilities for presale token holders.
-
Crypto3 years agoCardalonia Aiming To Become The Biggest Metaverse Project On Cardano
-
Press Release5 years agoP2P2C BREAKTHROUGH CREATES A CONNECTION BETWEEN ETM TOKEN AND THE SUPER PROFITABLE MARKET
-
Blockchain5 years agoWOM Protocol partners with CoinPayments, the world’s largest cryptocurrency payments processor
-
Press Release5 years agoETHERSMART DEVELOPER’S VISION MADE FINTECH COMPANY BECOME DUBAI’S TOP DIGITAL BANK
-
Press Release5 years agoProject Quantum – Decentralised AAA Gaming
-
Blockchain5 years agoWOM Protocol Recommended by Premier Crypto Analyst as only full featured project for August
-
Press Release5 years agoETHERSMART DEVELOPER’S VISION MADE FINTECH COMPANY BECOME DUBAI’S TOP DIGITAL BANK
-
Blockchain6 years ago1.5 Times More Bitcoin is purchased by Grayscale Than Daily Mined Coins
