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Digital Currency Group News
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Latest Digital Currency Group News
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Digital Currency Group, the parent company of Grayscale and Foundry, has launched a new decentralized intelligence subsidiary named Yuma. According to a press release on Nov. 20, Yuma will focus on investing in and incubating startups and projects leveraging the…
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Genesis Global, the digital assets lender that went bankrupt last year, received court approval to pay billions in cash and crypto to creditors. The judge also rejected a legal challenge from Genesis Global's parent company, DCG.
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Winklevoss’ crypto exchange Gemini was exploring an option to merge with crypto broker Genesis to compete with Coinbase and FTX. In October 2022, just a month before FTX filed for bankruptcy, Gemini co-founder Cameron Winklevoss discussed at a lunch with…
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Digital Currency Group, its subsidiary Genesis Global Capital, and DCG's founder and CEO, Barry Silbert, filed motions to dismiss a lawsuit filed by the New York Attorney General.
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Digital Currency Group (DCG), the parent company of Grayscale Investments, reported a 59% surge in revenue in the fourth quarter of 2023.
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New York Attorney General Letitia James has revised a lawsuit against DCG and its affiliate Gemini Trust Co., escalating the demand for restitution to $3 billion.Â
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CoinDesk CEO Kevin Worth was fired as part of a large-scale restructuring. According to CoinDesk, Worth, who has led crypto media since 2017, lost his job due to a restructuring initiated by the new owner of the media, event, and…
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Genesis Global, a bankrupt cryptocurrency lender, has reached a settlement with New York Attorney General Letitia James over allegations of defrauding customers through its now-defunct Gemini Earn program. The latest settlement aims to return assets to former Earn customers and…
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DCG — a major player in supporting emerging financial systems — plans to forge ahead as it pledges dedication to financial obligations.
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Explore the list of crypto bankruptcies in 2023, including detailed insights into the collapse of major exchanges. It’s quite evident that crypto had one of its worst years in 2022. The cascading collapse of two industry giants, Terraform Labs (responsible…
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The changes to Grayscale’s board were disclosed weeks before experts expect a spot Bitcoin ETF decision from the SEC.Â
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In a recent legal development, a judge has ruled that Digital Currency Group is prohibited from making ownership changes within Genesis until DCG successfully exits bankruptcy.
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Crypto lending giant Genesis has reached a new repayment deal agreement with its parent company Digital Currency Group. Crypto behemoth Digital Currency Group (DCG) has reached an agreement with its trading subsidiary Genesis Global as part of a $620 million…
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Genesis says the Winklevoss-founded crypto exchange benefited at the expense of Genesis’ creditors when it withdrew the money at the beginning of the crypto winter. Genesis Global Capital, a crypto brokerage firm owned by Digital Currency Group (DCG), is seeking…
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Bullish acquires CoinDesk, planning substantial investment in its global expansion, and appoints the former Chief Editor from the Wall Street Journal as Editorial Committee Chair.
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Digital Currency Group reports a 23 percent rise in Q3 revenue to $188 million and reports notable repayments to bankrupt crypto lender Genesis.Â
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