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Tag: DCG

Maybe Bitcoin didn’t bottom? SEC lawsuit against Binance shakes BTC bulls’ confidence

June 5, 2023 wp-bot Cointelegraph

Bitcoin’s price dropped to $25,500 after the SEC announced a lawsuit against Binance and Changpeng Zhao, a move which also has BTC bulls wondering if

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FTX debtors object Genesis’ ‘critical’ claims estimate of ‘$0.00’

June 4, 2023 wp-bot Cointelegraph

The FTX debtors alleged that the claim was filed “without any advance notice,” and they were not invited to participate in the mediation.

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Digital Currency Group to Sunset Tradeblock, Cites ‘Regulatory Challenges’ and ‘Prolonged Crypto Winter’

May 26, 2023 wp-bot Bitcoin News

Digital Currency Group has revealed its decision to sunset its institutional trading platform, Tradeblock, on May 31, 2023. The company attributes the move to the

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DCG Fails to Make $630M Payment to Creditors Amid Genesis Negotiations, Says Gemini

May 23, 2023 wp-bot Bitcoin News

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

May 2, 2023 wp-bot Inside Bitcoins

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

March 1, 2023 wp-bot News BTC

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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Blockchain
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