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Digital Currency Group
DCG Calls Gemini Lawsuit a Publicity Stunt; Analyst Downplays U.S. Spot Bitcoin ETF Hype
“CoinDesk Daily” host Jennifer Sanasie discusses the hottest stories in crypto, including Digital Currency Group's comments after Gemini announced its lawsuit against the industry conglomerate. DCG is the parent company of CoinDesk. A new JPMorgan report explains why the SEC's approval of a spot bitcoin ETF will not be a game changer. And, an update on when the much-awaited layer 2 blockchain Shibarium is expected to go live.
Cameron Winklevoss Says Gemini Filed Lawsuit Against Digital Currency Group
Crypto trust firm Gemini is suing Digital Currency Group, alleging the industry conglomerate and its founder Barry Silbert committed "fraud" through DCG subsidiary Genesis. "The Hash" panel discusses the latest developments, as DCG calls Gemini's latest legal action "baseless" and "defamatory." Both CoinDesk and Genesis are owned by DCG.
Gemini demanda a un grupo de criptomonedas y a su fundador, Barry Silbert, por fraude.
La demanda es la última escalada de Gemini, que está tratando de recuperar fondos para su programa Earn en poder de la subsidiaria de DCG, Genesis.
Horizen Sheds Privacy Coin Moniker Amid Global Regulatory Scrutiny
Self-described layer 0 blockchain Horizen is shedding its privacy coin moniker following global regulatory scrutiny. Horizen co-founder and CEO Rob Viglione discusses the move and what it means for the broader crypto ecosystem. Horizen is backed by crypto hedge fund Grayscale's Horizen Trust. Grayscale and CoinDesk are both owned by Digital Currency Group.
Former Genesis CEO Michael Moro on Taking Helm of Crypto Derivatives Exchange
Michael Moro, the former CEO of Genesis Trading, is taking the helm of a new crypto derivatives exchange called Ankex, which was incubated within crypto custody tech firm Qredo. Ankex CEO Michael Moro shares insights into the new venture. Plus, Moro's reaction to the latest debt-restructuring talks over the bankrupt crypto firm Genesis. Genesis and CoinDesk both operate under Digital Currency Group.
Cameron Winklevoss de Gemini tuitea una "oferta final" de 1.500 millones de dólares en negociaciones de deuda sobre la empresa de Cripto Genesis
Los acreedores de la firma financiera de Cripto Genesis proponen un paquete de 1.500 millones de dólares en pagos de indulgencia y préstamos denominados en dólares, Bitcoin y ether, según una hoja de términos publicada en Twitter por el cofundador de Gemini.
El prestamista de Cripto Genesis modifica su plan de reorganización mientras continúan las conversaciones mediadas.
El plan actualizado surgido de las discusiones mediadas con la empresa matriz DCG refleja un “acuerdo sustancial” en varias cuestiones clave.
El juez de bancarrotas de Genesis extiende el período de mediación entre Genesis y los acreedores.
El prestamista insolvente tendrá ahora hasta el 2 de agosto para presentar un plan para salir de la quiebra.
El extinto fondo de cobertura de Cripto 3AC insiste en participar en la mediación de Genesis
El extinto fondo de cobertura de Cripto ha reclamado más de mil millones de dólares a Genesis, que se declaró en quiebra en enero.
DCG Shutters Tradeblock, Citing Crypto Winter and Regulatory Uncertainty
Digital Currency Group (DCG), the parent company of CoinDesk, is sunseting its trade execution and prime brokerage services unit, TradeBlock. This comes as the crypto conglomerate reported a loss of $1.1 billion in 2022 as it suffered the effects of the crypto bear market. Gerber Kawasaki Director of Get Invested Brett Sifling reacts to the news, saying "it's never nice to see less competition in the space."