Genesis Settlement Disrupted by New Creditor Demands, DCG Says
Troubled digital currency company Genesis Capital saw its settlement disrupted by creditors in two months after the initial agreement, raising concerns about the timing of the process.
DCG Portfolio Company Merit Circle Set To Launch Gaming Subnet – Beam
Digital Currency Group (DCG) announced that its portfolio company, Merit Circle, will launch a gaming subnet on the Avalanche (AVAX) network.
Cointime News Afternoon Wrapup: Google and Amazon Struggle to Lay Off Workers in Europe
Labor laws make it difficult to fire staff in France, Germany.
DCG’s Bitcoin Mining Firm Foundry to Stop Offering Free Services
Crypto-mining firm Foundry, which is owned by embattled conglomerate Digital Currency Group, is going to start charging users a fee for its Bitcoin mining services.
Santander, HSBC, Deutsche and Others Still Willing to Serve Crypto Clients After Banking Failures, DCG Says
Crypto conglomerate Digital Currency Group (DCG) is trying to find new banking partners for portfolio companies following the collapse of Silicon Valley Bank (SVB), Signature Bank (SBNY), and Silvergate (SI), according to messages viewed by CoinDesk.
FTX Debtors Affiliate Alameda Research Files Lawsuit Against Grayscale and DCG
Alameda said it owned $290 million worth of shares in Grayscale's Bitcoin and Ether trusts as of March 3.
Alameda Sues Grayscale and DCG to Allow Redemptions, Reduce Fees
FTX sister company Alameda Research has filed a lawsuit against crypto asset manager Grayscale Investments seeking injunctive relief to realize what it claims is over $250 million in asset value for the FTX Debtor’s customers and creditors, according to a press release.
Crypto Giant DCG Revealed a Loss of Over $1 Billion in 2022
The venture capital firm focused on cryptocurrencies – Digital Currency Group (DCG) – reportedly marked a loss of $1.1 billion last year.
DCG Losses Top $1B on the Back of 3AC Collapse in 2022
Cryptocurrency venture capital conglomerate Digital Currency Group (DCG) has reported losses of over $1 billion in 2022 due largely to the contagion relating tocollapse of crypto hedge fund, Three Arrows Capital (3AC).
Crypto Conglomerate Digital Currency Group Reports Loss of $1.1B in ‘Challenging’ 2022
Cryptocurrency conglomerate Digital Currency Group (DCG) reported a loss of $1.1 billion last year, as the firm struggled with plunging crypto prices and the restructuring of its lending platform, Genesis.
