DCG


Finance

Naabot ng Bankrupt Lender Genesis at Parent DCG ang Paunang Kasunduan Sa Mga Pangunahing Pinagkakautangan: Pinagmulan

Kasama sa term sheet ang "isang equitization ng 10-year promissory note na ibinigay ng DCG sa Genesis bilang kapalit ng mga claim ng 3AC," sabi ng isang taong pamilyar sa sitwasyon.

(Genesis Trading, modified by CoinDesk)

Videos

Bitcoin Holds $23K Ahead of Key FOMC Meeting

Bitcoin (BTC) is trading above $23,000 as traders await the upcoming Federal Open Market Committee decision on interest rates. Steve Hanke, professor of applied economics at Johns Hopkins University and former senior economist on President Reagan’s Council of Economic Advisers, discusses the macro headwinds and recession concerns. Plus, his reaction to SEC's lawsuit against crypto exchange Gemini and crypto lender Genesis Global Capital for allegedly selling unregistered securities. Genesis and CoinDesk are sister companies owned by Digital Currency Group (DCG).

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Videos

'Bitcoin Jesus' Says He Has the Money to Pay Crypto Lender Genesis

Roger Ver, the blockchain-industry veteran once known as “Bitcoin Jesus” thanks to his early evangelism for the cryptocurrency, said Wednesday that he has “sufficient funds” to make good on payments allegedly owed to the crypto lending firm Genesis Global. Genesis is a subsidiary of Digital Currency Group (DCG), a crypto conglomerate that also owns CoinDesk.

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Videos

DCG-Owned Luno Slashes 35% of Staff

Cryptocurrency exchange Luno is cutting 35% of its workforce, citing the "incredibly tough year" affecting the crypto market. "The Hash" panel discusses the latest fallout of crypto winter, as an estimated 29,000 jobs have been cut across the crypto industry since April of last year. Luno is owned by Digital Currency Group (DCG), which is also the parent company of CoinDesk.

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Finance

Crypto Exchange Luno Pinutol ang 35% ng mga Staff Nito

Sinabi ni Luno na ang mga pagbawas ay makakaapekto sa mga empleyado sa lahat ng rehiyon.

Marcus Swanepoel, cofundador y CEO de Luno. (Luno)

Videos

Date Set for Oral Arguments in Grayscale’s Appeal of SEC’s Bitcoin ETF Decision; Celsius Developments

Bitcoin's (BTC) January price rally has analysts focusing on higher valuations last seen in mid-2022. Separately, a date has been set to begin hearing oral arguments in Grayscale Investment’s appeal of the SEC decision to deny the conversion of GBTC into an ETF. Grayscale and CoinDesk are both owned by DCG. Separately, Celsius Network is planning to reinvent itself as a new, publicly traded "recovery corporation" to exit the bankruptcy process.

Recent Videos

Videos

Rep. Davidson on Crypto Regulation: SEC Is 'Asleep at the Wheel'

Rep. Warren Davidson (R-Ohio), Vice Chair of the Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion, discusses the outlook for crypto regulation in the wake of Genesis' crypto lending businesses filing for bankruptcy. Plus, the future of CBDCs and stablecoins. DCG is the parent company of Genesis and CoinDesk.

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Policy

Ang mga Abogado para sa Genesis at sa mga Pinagkakautangan Nito ay 'Optimistic' para sa QUICK na Resolusyon sa mga Pagkalugi sa Pagkalugi

Ang mga abogado mula sa lahat ng partido sa Unang Araw ng pagdinig noong Lunes ay pinuri ang mga pagsisikap na "sa lahat ng orasan" na ginawa upang malutas ang mga hindi pagkakaunawaan ng brokerage sa mga pinagkakautangan nito.

(Danny Nelson/CoinDesk)

Finance

Isang Pagsisid Sa 0xd62, isang Genesis OTC Wallet na Naglilipat ng Pera

Nagkaroon lang ito ng ONE sa pinakamalaking paggalaw ng ETH kailanman, tulad ng pag-file ng corporate na kapatid nito para sa bangkarota. Ang malalaking paglilipat nito ay may posibilidad na kasabay ng malalaking Events sa kumpanya.

The separation of light from darkness in Genesis 1. (Getty Images)