Digital Currency Group
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."
Bitcoin Hovers Around $26.5K Amid April Inflation Data, Debt Ceiling Talks
Brett Sifling, Director of Get Invested at Gerber Kawasaki, joins "First Mover" to discuss how the crypto markets are responding to the ongoing debt ceiling negotiations in Washington as April PCE data reveals that the gauge increased 4.7% on an annual basis. This comes as crypto conglomerate Digital Currency Group (DCG) is closing down its trade execution and prime brokerage services unit TradeBlock amid uncertainties across the markets and the regulatory front. DCG is the parent company of CoinDesk.
DCG pone fin a la ejecución de operaciones, unidad de corretaje PRIME TradeBlock
El conglomerado de Cripto sufrió una pérdida de más de mil millones de dólares el año pasado.
Gemini Says Genesis Parent Company DCG Missed $630 Million Payment
Gemini said in an update on its website that Digital Currency Group (DCG) missed a $630 million payment owed to Genesis last week. Gemini says it is working with Genesis, DCG, and creditors to provide forbearance to DCG in order to avoid a default. Both Genesis and CoinDesk are owned by DCG. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De discusses the latest developments.
Gemini afirma que DCG, la empresa matriz de Genesis, no pagó $630 millones
Gemini dice que está trabajando con Genesis, DCG y los acreedores para brindar indulgencia a DCG a fin de evitar un incumplimiento.
Filecoin Price Rebounds After SEC Asks Grayscale to Withdraw Application to Make Trust Reporting
The U.S. Securities and Exchange Commission (SEC) asked Grayscale to withdraw its application to make its Filecoin (FIL) Trust product more like a public company, the asset manager revealed on Wednesday. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De discusses the details. Grayscale is a subsidiary of Digital Currency Group, CoinDesk's parent company.
El proyecto de Privacidad Railgun DAO adopta la herramienta "Prueba de inocencia" de Chainway
La nueva funcionalidad de Railgun DAO, inicialmente desarrollada por Chainway para Tornado Cash, podría permitir a los usuarios demostrar matemáticamente que las monedas involucradas en las transacciones no provienen de direcciones bloqueadas. Digital Currency Group, propietario de CoinDesk, es inversor en Railgun DAO.
DCG's CFO Resigns as Crypto Conglomerate Repays $350M Loan
Crypto conglomerate Digital Currency Group (DCG) said Chief Financial Officer Michael Kraines stepped down in April and revealed that it fully repaid a $350 million senior secured term loan during the first quarter. "The Hash" panel discusses the industry implications. DCG is the parent company of CoinDesk.
Las partes en bancarrota de Genesis acuerdan un período de mediación de 30 días
El proceso puede comenzar una vez que las partes acuerdan un mediador y presentan una orden al tribunal de quiebras de EE. UU.
Grayscale CEO on U.S. Crypto Regulation Outlook: Not a 'One-Size Fits All Answer'
Grayscale Investments CEO Michael Sonnenshein joins "First Mover" live from CoinDesk's Consensus 2023 in Austin, Texas to discuss his outlook for the SEC's crypto regulatory oversight. This comes amid Grayscale's ongoing bid with the SEC to convert its Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund (ETF). Grayscale Investments and CoinDesk are both owned by parent company Digital Currency Group.
