Genesis, DCG, Gemini reach bankruptcy agreement: source
Genesis, Gemini, and crypto giant DCG have reached an agreement to settle outstanding issues raised as part of Genesis' bankruptcy filing earlier this month.
DCG's CFO Steps Down as Crypto Conglomerate Repays $350M Loan
The crypto conglomerate also paid off a $350 million senior secured term loan, which was issued by a lender syndicate led by Eldridge.
Genesis, DCG, Gemini reach bankruptcy agreement
Genesis, Gemini, and crypto giant DCG have reached an agreement to settle outstanding issues raised as part of Genesis' bankruptcy filing earlier this month.
First Mover Americas: Bitcoin Layer 2 Stacks Begins May on Top
The latest price moves in bitcoin (BTC) and crypto markets in context for May 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Silbert, Winklevoss Twins End Crypto Spat Over Bankrupt Genesis
(Bloomberg) -- The squabble between crypto billionaires Cameron and Tyler Winklevoss and Digital Currency Group’s Barry Silbert appears to be over, paving the way for a resolution of one of the industry’s biggest bankruptcies. An emerging accord may end a
First Mover Americas: Bitcoin Price Edges Lower, Tron Rallies
The latest price moves in bitcoin (BTC) and crypto markets in context for May 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Ether dips as DCG reportedly sells shares in several Grayscale crypto trusts
Crypto conglomerate Digital Currency Group reportedly has been selling shares in several crypto trusts at a deep discount, as it strives to raise money to repay creditors of its bankrupt lending arm Genesis.
Crypto Firm DCG to Close Institutional Trading Platform TradeBlock
Digital Currency Group is closing down its institutional trading platform subsidiary at the end of the month, following an unsuccessful effort to sell the business, according to people familiar with the matter. In recent months, DCG had tried to sell the
Bankruptcy Deal Is a Sign of Warming in Crypto Winter
If the agreement moves forward, it could reduce pressure on creditors of Genesis Global to sell assets at fire-sale prices, slamming crypto prices.
Gemini’s Winklevoss demands $1.47 billion payment from DCG in ‘final offer’
Cameron Winklevoss has extended a “final offer” to Barry Silbert to pay a total debt of US$1.46 billion or risk a lawsuit to be filed against DCG and Silbert.
Breaking: Barry Silbert’s DCG Owes Over $3 Billion To Creditors
According to a new report, Silbert's DCG, which runs the crypto broking agency Genesis, allegedly owes its creditors more than $3 billion.
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Cathie Wood’s ARK reportedly ‘first in line’ for a spot Bitcoin ETF
ARK Invest filed for a spot Bitcoin ETF in collaboration with 21Shares long before BlackRock did, and its application is reportedly first in line for the SEC’s approval.
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Dogecoin Whales Fill Up Their Bags As Price Rallies – How Much DOGE Did They Buy?
Interestingly, the price surge was on the back of increased activity from whales, as indicated by on-chain data. The increased activity led to an increased"/>
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Solana Surging Ahead Of Ethereum In This Particular Metric
Recent market dynamics have seen Solana struggling to break above the $200 mark. A notable bearish factor among these market fundamentals is the recent"/>
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DOGE Day Afternoon: Open Interest Breaks $2 Billion, Setting New Records
DOGE, the internet's favorite memecoin, is back in the spotlight. Recent data reveals a surge in futures market activity, coupled with bullish technical"/>
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12-Year Bitcoin Slumber Ends: Whales Signal Stormy Seas Ahead
The recent stratospheric rise of Bitcoin, reaching a new all-time high of $73,000, has sent ripples of excitement and trepidation through the crypto world."/>
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Tornado Cash Co-Founder Seeks To Dismiss Charges – Details
Co-founder of Tornado Cash Roman Storm has filed a motion to dismiss the charges levied against him by the US Department of Justice (DOJ)."/>
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Prisma Finance Hacker Continues On-Chain Tirade Following $11 Million Heist
On Thursday, March 28, a hack occurred on Prisma Finance, a decentralized lending protocol on the Ethereum network. The exploiter carted away about 3,257.7"/>
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Bybit’s MVP license in Dubai ‘very restricted,’ CEO says
Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services.
