In the midst of the financial dispute between crypto exchange Gemini and Digital Currency Group (DCG), Gemini has alleged that DCG failed to make a
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Digital Currency Group At Risk Of Domino Effect As Banking Crisis Snowball
Digital Currency Group risks a $630 million default if it fails to reimburse Genesis between May 9 and 11. The company cites a stark drop
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DCG Lost Over $1 Billion In 2022 Due To Crypto Market Crash: Report
The crypto winter of 2022 affected many firms, digital assets, and investors. The fall of crypto asset prices led to massive losses for many participants.
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DCG losses top $1B on the back of 3AC collapse in 2022
The crypto conglomerate reported that falling crypto prices and the fallout from Three Arrows Capital’s loan default to Genesis affected its results.
Read moreBearish Signal? DCG Starts Selling Grayscale Crypto Shares At Almost 50% Discount
The issues at Digital Currency Group (DCG) seem to be coming to a head as the company has now begun offloading its Grayscale crypto shares.
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DCG offloads Grayscale shares to raise capital: Report
The purported sales are the latest measures the embattled firm has taken following moves in recent months to raise capital and preserve liquidity.
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