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Tag: Digital Currency Group

DCG Subsidiary Foundry to Acquire 2 ‘Turnkey’ Bitcoin Mining Facilities From Compute North

November 23, 2022 wp-bot Bitcoin News

Digital asset mining and staking firm Foundry has agreed to purchase two “turnkey” bitcoin mining facilities from Compute North, a bitcoin miner that filed for

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Genesis denies ‘imminent’ plans to file for bankruptcy

November 22, 2022 wp-bot Cointelegraph

The lending firm claims it’s having “constructive conversations with creditors” and plans to resolve the situation without the need for a bankruptcy filing.

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Report: Genesis Global Trading’s Lending Unit Suspends Withdrawals and New Loan Originations

November 16, 2022 wp-bot Bitcoin News

Following Blockfi, Liquid Global, and Salt Lending halting withdrawals, reports indicate that Genesis Global Trading’s lending unit has halted customer withdrawals. Genesis’ interim chief executive

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Moonvember kicks off with sweeping staff layoffs across crypto

November 4, 2022 wp-bot Coinbase, Cointelegraph

There are still pockets of hope, however, with some companies looking to expand despite the market conditions.

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Genesis Trading CEO confirms 3AC exposure, parent company helps plug losses

July 7, 2022 wp-bot Cointelegraph

Genesis Trading soldiers on after confirming 3AC exposure, while parent company Digital Currency Group assumes a portion of liability after losses.

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OP Crypto launches $100M fund to back early-stage crypto VCs

June 30, 2022 wp-bot Cointelegraph

Targeting a hard cap of $100 million, the OP FoF I fund is expected to close by the end of Q3, OP Crypto’s COO Lucas

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Blockchain
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