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These Altcoins Will be Hammered if Grayscale Needs to Liquidate
All eyes are on Grayscale and DCG this week as pressure on the parent company mounts and fears of an altcoin trust liquidation grow. The post These Altcoins Will be Hammered if Grayscale Needs to Liquidate appeared first on BeInCrypto. дальше »
2023-1-3 08:46 | |
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Cameron Winklevoss shares letter to Barry Silbert with public
Gemini co-founder Cameron Winklevoss has issued a public letter on Twitter to address Barry Silbert, the founder of DCG. дальше »
2023-1-3 20:48 | |
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Crypto Exchange Binance Dispels FUD Of A ‘Financial Black Box’
In addition to the macroeconomic headwinds, the Binance rumors and the uncertainty surrounding Grayscale/DCG are clouding the sentiment in the Bitcoin market. In a renewed attempt to dispel the “FUD,” Binance released a detailed report today in which the world’s largest crypto exchange addresses current questions from the media and the community. дальше »
2022-12-23 14:30 | |
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New Chelsea owner will receive $350 million if Genesis is bankrupt
The new Chelsea FC CEO Todd Boehly will acquire $350 million if the crypto lender Genesis declares bankruptcy. Digital Currency Group will be liable for such an outstanding loan. DCG tries to raise funds to support Genesis Digital Currency Group… дальше »
2022-12-22 22:09 | |
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Can Gemini's Creditor Committee resolve the Genesis, DCG liquidity crisis
The Gemini creditor committee presented a plan to Genesis and DCG to resolve their liquidity issues Genesis and DCG owe $900 million to Gemini Gemini, as of 21 December, provided an updateThe post Can Gemini's Creditor Committee resolve the Genesis, DCG liquidity crisis appeared first on AMBCrypto. дальше »
2022-12-21 13:30 | |
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Grayscale Says It May Return 20% Of Investor Capital, Bitcoin Refuses To Budge
Besides the macroeconomic headwinds, when it comes to crypto, there are two main concerns at the moment: Binance and DCG. The situation surrounding Genesis Trading, Digital Currency Group (DCG) and Grayscale, which is still unresolved after a month, is depressing the market sentiment around Bitcoin. дальше »
2022-12-19 18:00 | |
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Crypto exchange Bitvavo says €280m are locked at DCG
Bitvavo claims that €280 million of its funds are locked at DCG. The organization claims that this will not affect users’ finances. Bitvavo explains DCG’s troubles won’t affect users Amid the crypto drawdowns, including FTX fall, the Dutch cryptocurrency exchange… дальше »
2022-12-17 18:16 | |
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Community Fears DCG is Selling as Altcoins Values Tank Massively
Several altcoins experienced massive sell-off, with many in the community speculating that it was triggered by Digital Currency Group (DCG). The post Community Fears DCG is Selling as Altcoins Values Tank Massively appeared first on BeInCrypto. дальше »
2022-12-18 14:22 | |
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Bitvavo to prefund locked DCG assets worth $296.7M amid liquidity crisis
The Digital Currency Group and its affiliates (DCG) cited liquidity problems as it suspended repayments, temporarily halting users from withdrawing their funds. дальше »
2022-12-18 12:51 | |
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Watching Out for Snowfall Protocol (SNW), Apecoin (APE) and EOS in 2023
Although the cryptocurrency market seems to be held at the current levels, there have been some concerns that have instilled fear; after the collapse of FTX, investors are worried about the $2 billion of DCG and the decline in the value of Bitcoin Trust (GBTC). дальше »
2022-12-18 11:18 | |
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Gemini launches creditor committee to recover customers’ funds
Winklevoss twins have created a committee of creditors to reclaim Gemini’s funds from DCG and Genesis, who reportedly owe the exchange about $900 million. Cameron Winklevoss has revealed that Gemini, the crypto exchange he co-founded with his brother Tyler in 2014, has… дальше »
2022-12-7 17:51 | |
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СМИ: Криптокредитор Genesis задолжал клиентам биржи Gemini около $1 млрд
По данным Financial Times, сервис криптовалютного кредитования Genesis и его материнская компания Digital Currency Group (DCG) задолжали клиентам биржи Gemini более $900 млн. дальше »
2022-12-6 09:18 | |
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Crypto lender Genesis owes Gemini crypto exchange customers $900M
Major crypto lender Genesis Trading and its parent company Digital Currency Group (DCG) owe users of cryptocurrency exchange Gemini $900 million. Financial Times reported on Dec. 3, 2022, that users of Gemini Earn lost $900 million when Genesis — the external firm that… дальше »
2022-12-5 22:00 | |
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Digital Currency Group (DCG) Clarifies Financial Position, Reveals $2B Loan
Digital Currency Group (DCG) has tried to clarify the rumors surrounding its finances, the firm revealed a $2 billion liability. The post Digital Currency Group (DCG) Clarifies Financial Position, Reveals $2B Loan appeared first on BeInCrypto. дальше »
2022-11-27 14:58 | |
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DCG CEO Barry Silbert addresses investors’ concerns in a letter to shareholders
The crypto contagion sparked by the downfall of FTX seems to have found its latest victim- Genesis Global Capital. However, the trouble isn’t limited to the New Jersey-based crypto lender. MarkeThe post DCG CEO Barry Silbert addresses investors’ concerns in a letter to shareholders appeared first on AMBCrypto. дальше »
2022-11-23 20:00 | |
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Digital Currency Group Reveals $2B in Liabilities, Including Debt to Its Own Subsidiary
Digital Currency Group (DCG) currently has $2 billion worth of loans according to a letter sent to shareholders today. DCG Outlines Lending Situation In a shareholder letter sent to investors... дальше »
2022-11-23 02:30 | |
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Genesis onboards financial advisors as it explores 'all possible options'
Genesis has hired global investment bank - Moelis & Company to explore all possible options including bankruptcy DCG's CEO Barry Silbert revealed that the parent company owes Genesis $575 mThe post Genesis onboards financial advisors as it explores 'all possible options' appeared first on AMBCrypto. дальше »
2022-11-23 00:30 | |
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Silbert downplays liquidity crisis, expects $800M revenue in 2022 for DCG
Following rumors of potential contagion from FTX, Digital Currency Group (DCG) CEO Barry Silbert sent shareholders a memo on November 22 addressing the situation surrounding Genesis’ liquidity. дальше »
2022-11-23 23:55 | |
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Op-Ed: Could DCG be the catalyst for max pain in the crypto markets?
Following the recent collapse of FTX, the fallout spread to Genesis, which had already been bailed out by parent company Digital Currency Group (DCG) earlier this year following the failure of Three Arrows Capital. дальше »
2022-11-20 16:00 | |
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Crypto price prediction: SSV, SafePal (SFP), Chiliz (CHZ)
Cryptocurrency prices remained on edge this week as the collapse of FTX continued. During the week, Genesis, a leading crypto exchange, suspended its withdrawals briefly. Similarly, a crypto lender associated with Digital Currency Group (DCG) suspended most of its business. дальше »
2022-11-18 13:37 | |
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Galaxy Digital, BitMex, DCG announce staff cuts
Crypto companies Galaxy Digital, BitMex, and Digital Currency Group (DCG) announced staff cuts to deal with the adverse state of the market, according to crypto reporter Wu Blockchain. The post Galaxy Digital, BitMex, DCG announce staff cuts appeared first on CryptoSlate. дальше »
2022-11-2 13:30 | |
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Grayscale files opening brief in Bitcoin ETF battle against SEC
Rallying support for a United States spot Bitcoin exchange-traded fund (ETF), Digital Currency Group (DCG) CEO Barry Silbert said it is time the SEC approved one. The post Grayscale files opening brief in Bitcoin ETF battle against SEC appeared first on CryptoSlate. дальше »
2022-10-12 13:00 | |
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dWallet Labs raises $5M in pre-seed round led by DCG and Node Capital
dWallet Labs, a blockchain security company building protocols and projects on the decentralised layer1 platform Odsy Network, has raised $5 million in its pre-seed funding round. Digital Currency Group (DCG) and Node Capital led the round, with participation from multiple leading venture capital funds. дальше »
2022-8-18 19:42 | |
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Central Banks can safely invest in Bitcoin with BlackRock’s Bitcoin Private Trust; says DCG Founder
Digital Currency Group CEO Barry Silbert suggests that BlackRock’s bitcoin private trust makes it easier and safer for Central Banks around the globe to invest in Bitcoin. The post Central Banks can safely invest in Bitcoin with BlackRock’s Bitcoin Private Trust; says DCG Founder appeared first on CryptoSlate. дальше »
2022-8-11 21:00 | |
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Биткоин-биржа Gopax привлекла $23,7 млн в раунде с участием DCG
Компания Streamy, оператор южнокорейской криптобиржи Gopax, объявила о закрытии раунда финансирования Серии B в размере 30 млрд вон (~$23,7 млн), сообщает Digital Today. Финансирование предоставили как действующие инвесторы Digital Currency Group (DCG) и Strong Ventures, так и новые. дальше »
2022-5-21 17:38 | |
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DCG CEO Barry Silbert Considers Buying Dogecoin — Grayscale Could Soon Launch New DOGE Trust
Though Dogecoin (DOGE) wasn’t designed with much of a use case besides poking fun at the mushrooming of cryptocurrencies, it has gone on to attract the attention of influential people. Digital Currency Group founder and CEO, Barry Silbert, has revealed he has recently considered buying the meme king. дальше »
2022-4-27 18:45 | |
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‘Governments Have Unintentionally Created The Perfect Environment For Bitcoin To Thrive’ — DCG’s Silbert
Bitcoin has been seeing astronomical levels of adoption that its proponents have attributed to several factors. According to Barry Silbert, the founder and CEO of Digital Currency Group (DCG), one of these factors are governments around the world. дальше »
2022-3-8 21:42 | |
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