The crypto lender Genesis Global Capital is in danger of going bankrupt. The crypto market is waiting in fear for another dump.

A report from Bloomberg on November 22 states that Genesis has $2.8 billion in unpaid debts on its balance sheet, with over 30% of those loans going to “related parties” such as its parent business Digital Currency Group and its affiliate and lending unit, Genesis Global Trading.

Meta partners with Polygon to introduce features that let creators mint and sell NFTs on Instagram.

Earlier this year, Meta unveiled new tools for creators to build businesses on Facebook and Instagram as part of its endeavor to reform its social media platforms in order to create stronger competitive advantages over TikTok and other competitors in the industry. One of the most significant features introduced is the option for creators to create their own digital collectibles on Instagram and sell them to fans, both on and off Instagram.