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Genesis Global Capital May Be Nearing Bankruptcy Filing: Reports

Quantfury CEO Ali Pourdad discusses the potential factors driving bitcoin (BTC)'s price below $21,000 and the impact of Genesis Global Capital laying the groundwork for a bankruptcy filing, according to published reports. DCG is the parent company of CoinDesk and Genesis.

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Videos

Anthony Scaramucci Reacts to DCG Suspending Dividends

Skybridge Capital Founder Anthony Scaramucci discusses his take on cryptocurrency conglomerate Digital Currency Group (DCG), informing its shareholders that the firm is suspending dividends until further notice. DCG is the parent company of CoinDesk.

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Markets

Первопроходец в Америке: зимние холода в Криптo в Digital Currency Group, Coinbase

Последние изменения цен на Криптo Рынки в контексте 18 января 2023 года.

(RyersonClark/Getty Images)

Finance

Криптo DCG приостанавливает выплату дивидендов на фоне кризиса в подразделении Genesis

«В ответ на текущую рыночную ситуацию DCG сосредоточилась на укреплении своего баланса за счет сокращения операционных расходов и сохранения ликвидности», — сообщила компания акционерам в письме во вторник.

Barry Silbert. CEO y fundador de Digital Currency Group.

Videos

Grayscale Calls SEC’s Disapproval of Spot Bitcoin ETFs ‘Unreasonable’; Crypto Layoffs Continue

In a new court filing, digital asset management company Grayscale blasted the U.S. securities regulator for its "illogical" and "fundamentally unreasonable" argument against approving a spot bitcoin exchange-traded fund (ETF). Grayscale and CoinDesk are both owned by parent company DCG. Plus, the latest developments on layoffs plaguing the crypto industry.

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Policy

SEC утверждает, что Gemini и Genesis продавали незарегистрированные ценные бумаги

Gemini и Genesis публично поссорились после того, как Genesis приостановила выплаты в прошлом году.

Tyler y Cameron Winklevoss, de Gemini, en el evento TechCrunch Disrupt NY 2015. (TechCrunch/Wikimedia)

Videos

Genesis Reportedly Owes Creditors Over $3B; Blockchain.com Lays Off 28% of Workforce

Troubled crypto lender Genesis owes its creditors over $3 billion prompting its parent company, Digital Currency Group, to look at asset sales to pay off the debt, according to the Financial Times. DCG is the parent company of CoinDesk. Plus, cryptocurrency brokerage Blockchain.com said it's letting go of 28% of its workforce as crypto's cruel winter continues.

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Videos

Rep. Jim Himes on Crypto Regulation Outlook

Rep. Jim Himes (D-Conn.) joins "First Mover" to discuss how policymakers are approaching crypto in the 2023 agenda amid the uncertainty surrounding crypto giant Digital Currency Group (DCG) and the fallout of crypto exchange FTX. DCG is the parent company of CoinDesk. The Congressman weighs in on whether Sam Bankman-Fried's political donations and previous appearances in Washington, D.C. had any impact on crypto regulation. Plus, his insights on SEC's approach to regulating digital assets.

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Finance

Криптo кредитор Genesis должен кредиторам более 3 млрд долларов: FT

Сообщается, что Digital Currency Group, материнская компания Genesis, планирует продать часть своего венчурного портфеля стоимостью около 500 миллионов долларов.

Barry Silbert. CEO y fundador de Digital Currency Group.