DCG


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Bankrupt Crypto Lender Genesis and Parent DCG Reach Initial Agreement With Main Creditors

Crypto conglomerate Digital Currency Group (DCG) and its bankrupt Genesis subsidiaries reached an in-principle agreement on terms of a restructuring plan with a group of the firm’s main creditors. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the terms of the proposed deal. DCG is the parent company of CoinDesk and Genesis.

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Finance

DCG продає холдинги в кількох Grayscale трастах: Financial Times

Grayscale управляє Grayscale Bitcoin Trust (GBTC), активи якого під управлінням становлять понад 10 мільярдів доларів.

Barry Silbert. CEO y fundador de Digital Currency Group.

Finance

Розкрито угоду кредитора DCG із планом продати підрозділ Genesis Trading як частину банкрутства

Раніше в понеділок CoinDesk повідомив, що DCG і Genesis досягли угоди з ключовою групою кредиторів.

Barry Silbert. CEO y fundador de Digital Currency Group.

Videos

Binance to Pause US Dollar Bank Transfers This Week; Genesis, DCG Reach Initial Agreement With Main Creditors: Source

Crypto exchange Binance is temporarily suspending U.S. dollar bank transfers starting on Wednesday. Binance's U.S. division, Binance.US, is not affected by the suspension, according to a tweet from Binance.US Customer Support. Separately, crypto conglomerate Digital Currency Group (DCG) and its bankrupt Genesis subsidiaries reached an in-principle agreement on terms of a restructuring plan with a group of the firm’s main creditors, according to a CoinDesk source. DCG is also the parent company of CoinDesk.

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Finance

Збанкрутілий кредитор Genesis і Parent DCG досягли початкової угоди з основними кредиторами: Джерело

Перелік умов включає «еквітизацію 10-річного векселя, який DCG надала Genesis в обмін на претензії 3AC», — сказала особа, знайома з ситуацією.

(Genesis Trading, modified by CoinDesk)

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Bitcoin Holds $23K Ahead of Key FOMC Meeting

Bitcoin (BTC) is trading above $23,000 as traders await the upcoming Federal Open Market Committee decision on interest rates. Steve Hanke, professor of applied economics at Johns Hopkins University and former senior economist on President Reagan’s Council of Economic Advisers, discusses the macro headwinds and recession concerns. Plus, his reaction to SEC's lawsuit against crypto exchange Gemini and crypto lender Genesis Global Capital for allegedly selling unregistered securities. Genesis and CoinDesk are sister companies owned by Digital Currency Group (DCG).

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'Bitcoin Jesus' Says He Has the Money to Pay Crypto Lender Genesis

Roger Ver, the blockchain-industry veteran once known as “Bitcoin Jesus” thanks to his early evangelism for the cryptocurrency, said Wednesday that he has “sufficient funds” to make good on payments allegedly owed to the crypto lending firm Genesis Global. Genesis is a subsidiary of Digital Currency Group (DCG), a crypto conglomerate that also owns CoinDesk.

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DCG-Owned Luno Slashes 35% of Staff

Cryptocurrency exchange Luno is cutting 35% of its workforce, citing the "incredibly tough year" affecting the crypto market. "The Hash" panel discusses the latest fallout of crypto winter, as an estimated 29,000 jobs have been cut across the crypto industry since April of last year. Luno is owned by Digital Currency Group (DCG), which is also the parent company of CoinDesk.

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Finance

Крипто Luno скорочує 35% свого персоналу

Луно сказав, що скорочення торкнуться працівників у всіх регіонах.

Marcus Swanepoel, cofundador y CEO de Luno. (Luno)

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