Browsing Tag
#Digital Currency Group
29 posts
Crypto firms cut nearly 3,000 jobs in January despite Bitcoin’s rise
Crypto companies tightened their purse strings in the first month of 2023, with at least 2,900 crypto staff…
Osprey sues Grayscale for misrepresenting likelihood of GBTC ETF approval
Digital asset manager Osprey Funds filed suit against Grayscale Investments in Connecticut Superior Court on Jan. 30, alleging…
Genesis bankruptcy case scheduled for first hearing
The first hearing in Genesis Capital’s bankruptcy case will be held on Jan. 23 at 2:00 pm Eastern…
Bybit CEO offers clarity on exposure to Genesis, but community demands more
The community questioned Bybit’s timing in revealing their exposure, with many demanding proof to back up the reassurance…
Crypto lender Genesis files for Chapter 11 bankruptcy
Cryptocurrency lender Genesis has filed for Chapter 11 bankruptcy in the Southern District of New York. The firm…
Genesis’ bankruptcy filing was decided by independent committee, according to DCG
In a Jan. 20 statement, Genesis Capital’s parent company, Digital Currency Group (DCG), denied involvement in Genesis’ bankruptcy filing. According…
Crypto Biz: SBF’s newest Excel spreadsheet reveals all
Large enterprise businesses spend tons of money keeping track of their financial dealings — think accountants, financial analysts,…
Opinion: Digital Currency Group’s Genesis implosion: What comes next?
It looks as if the bear cycle is going to claim another high-profile crypto company. On Jan. 19,…
Digital Currency Group halts dividends in an effort to preserve liquidity
Venture capital firm Digital Currency Group (DCG) has told shareholders it is halting its quarterly dividend payments until…
Grayscale files brief in ETF suit against SEC, oral arguments may come within months
Grayscale appealed the SEC’s denial of its application to create a spot BTC ETF in June; the case…