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Digital Currency Group


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DCG Calls Gemini Lawsuit a Publicity Stunt; Analyst Downplays U.S. Spot Bitcoin ETF Hype

“CoinDesk Daily” host Jennifer Sanasie discusses the hottest stories in crypto, including Digital Currency Group's comments after Gemini announced its lawsuit against the industry conglomerate. DCG is the parent company of CoinDesk. A new JPMorgan report explains why the SEC's approval of a spot bitcoin ETF will not be a game changer. And, an update on when the much-awaited layer 2 blockchain Shibarium is expected to go live.

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Cameron Winklevoss Says Gemini Filed Lawsuit Against Digital Currency Group

Crypto trust firm Gemini is suing Digital Currency Group, alleging the industry conglomerate and its founder Barry Silbert committed "fraud" through DCG subsidiary Genesis. "The Hash" panel discusses the latest developments, as DCG calls Gemini's latest legal action "baseless" and "defamatory." Both CoinDesk and Genesis are owned by DCG.

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Gemini подает в суд на Digital Currency Group и ее основателя Барри Силберта, обвиняя их в «мошенничестве»

Данный иск является последним в серии попыток Gemini вернуть средства, удерживаемые Genesis, дочерней компанией DCG, на свою программу Earn.

Tyler and Cameron Winklevoss at TechCrunch Disrupt NY 2015 (TechCrunch/Wikimedia)

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Horizen Sheds Privacy Coin Moniker Amid Global Regulatory Scrutiny

Self-described layer 0 blockchain Horizen is shedding its privacy coin moniker following global regulatory scrutiny. Horizen co-founder and CEO Rob Viglione discusses the move and what it means for the broader crypto ecosystem. Horizen is backed by crypto hedge fund Grayscale's Horizen Trust. Grayscale and CoinDesk are both owned by Digital Currency Group.

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Former Genesis CEO Michael Moro on Taking Helm of Crypto Derivatives Exchange

Michael Moro, the former CEO of Genesis Trading, is taking the helm of a new crypto derivatives exchange called Ankex, which was incubated within crypto custody tech firm Qredo. Ankex CEO Michael Moro shares insights into the new venture. Plus, Moro's reaction to the latest debt-restructuring talks over the bankrupt crypto firm Genesis. Genesis and CoinDesk both operate under Digital Currency Group.

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Finanças

Кэмерон Уинклвосс из Gemini написал в Twitter «окончательное предложение» на сумму 1,5 млрд долларов в переговорах о долге Криптo компании Genesis

Кредиторы Криптo компании Genesis предлагают пакет в размере 1,5 млрд долларов в виде платежей по отсрочке и займов, номинированных в долларах, Bitcoin и эфире, согласно перечню условий, опубликованному в Twitter соучредителем Gemini.

Gemini co-founders Tyler & Cameron Winklevoss, seen in colorful tuxedos,  announced in June that they will expand their Singapore headcount to more than 100 employees, about 20% of the total worldwide staff.

Política

Криптo кредитор Genesis вносит поправки в план реорганизации, поскольку посреднические переговоры продолжаются

Обновленный план, подготовленный в ходе посреднических обсуждений с материнской компанией DCG, отражает «существенное согласие» по ряду ключевых вопросов.

Genesis companies filed for bankruptcy in January 2023 (manuela ideacrea/Getty Images)

Política

Судья по делам о банкротстве Genesis продлевает период посредничества между Genesis и кредиторами

Теперь неплатежеспособный кредитор должен будет до 2 августа представить план выхода из процедуры банкротства.

The streets are clear outside the U.S. Court for the Southern District of New York (Dustin D.)

Política

Несуществующий Криптo -фонд 3AC настаивает на участии в посредничестве Genesis

Прекративший свое существование Криптo хедж-фонд потребовал более 1 миллиарда долларов от Genesis, которая сама подала заявление о банкротстве в январе.

Three Arrows Capital has made claims against Genesis (aitoff/Pixabay)

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DCG Shutters Tradeblock, Citing Crypto Winter and Regulatory Uncertainty

Digital Currency Group (DCG), the parent company of CoinDesk, is sunseting its trade execution and prime brokerage services unit, TradeBlock. This comes as the crypto conglomerate reported a loss of $1.1 billion in 2022 as it suffered the effects of the crypto bear market. Gerber Kawasaki Director of Get Invested Brett Sifling reacts to the news, saying "it's never nice to see less competition in the space."

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