Coinhouse suspends "savings accounts" due to Genesis suspension due to FTX collapse

November 17, 2022
https://web3isgoinggreat.com/?id=coinhouse-suspends-savings-accounts-due-to-genesis-suspension-due-to-ftx-collapse

Coinhouse suspends "savings accounts" due to Genesis suspension due to FTX collapse

The French crypto broker Coinhouse announced that they would be suspending withdrawals from their crypto "savings account" product. Coinhouse partners with Genesis to offer the service, and Genesis recently suspended their service due to the FTX collapse. As a result, services that relied on Genesis, including Gemini and now Coinhouse, are halting their own services as the dominoes continue to fall.

Web3 is Going Just Great
@web3isgreat Fun fact: there's a song called "Domino" by a band called "Genesis". https://www.youtube.com/watch?v=NoT_clOZ5mc
Genesis - Domino (When in Rome 2007)

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@web3isgreat How many "due to's" more until the whole crypto thing collapses?