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Tag: Digital Currency Group

Crypto Biz: SBF’s newest Excel spreadsheet reveals all

January 20, 2023 wp-bot Cointelegraph

FTX’s debtors are applying “Herculean” effort to unearth the exchange’s remaining assets. Meanwhile, Sam Bankman-Fried claims FTX US is solvent.

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Opinion: Digital Currency Group’s Genesis implosion: What comes next?

January 20, 2023 wp-bot Cointelegraph

Genesis, a subsidiary of Barry Silbert’s Digital Currency Group, filed for Chapter 11 bankruptcy on Jan. 19. Its default could have big implications for the

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Coindesk Up for Sale? Investors Circle Crypto News Publication Amidst Genesis Bankruptcy

January 20, 2023 wp-bot Bitcoin News

According to various reports, investors are reportedly interested in purchasing Coindesk, a cryptocurrency news publication. On Jan. 18, Wang Feng, founder of China-based news publication

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Bybit CEO offers clarity on exposure to Genesis, but community demands more

January 20, 2023 wp-bot Cointelegraph

The community questioned Bybit’s timing in revealing their exposure, with many demanding proof to back up the reassurance from the CEO.

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Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis

January 18, 2023 wp-bot Bitcoin News

According to a shareholders’ letter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company has suspended dividends until further notice.

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Genesis is planning to file for bankruptcy: Report

January 18, 2023 wp-bot Cointelegraph

Another one bites the dust? A report suggested the initial bankruptcy filing from Genesis could come before February.

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Blockchain
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