Crypto Firm Genesis Tries to Stay Afloat

The video discusses the financial challenges faced by Genesis and FTX, two major players in the crypto industry. Genesis is seeking to raise $1 billion to avoid bankruptcy, while FTX is undergoing bankruptcy proceedings in Delaware. The video highlights the potential contagion effect on the crypto market and the concerns of creditors and investors. It also touches on the broader market impact, including the trading of Coinbase bonds.

What are the implications of FTX's bankruptcy hearing for its creditors?

How are investor fears affecting the trading of Coinbase bonds?