Digital Currency Group


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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.

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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.

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Politiche

Gemini fa causa al gruppo di valuta digitale e al fondatore Barry Silbert accusandolo di "frode"

La causa è l'ultima in ordine di tempo di Gemini, che sta cercando di recuperare i fondi per il suo programma Earn gestito dalla sussidiaria di DCG, Genesis.

Tyler and Cameron Winklevoss at TechCrunch Disrupt NY 2015 (TechCrunch/Wikimedia)

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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.

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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.

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Finanza

Cameron Winklevoss di Gemini twitta un'offerta finale da 1,5 miliardi di dollari nei colloqui sul debito della società Cripto Genesis

Secondo un term sheet pubblicato su Twitter dal co-fondatore di Gemini, i creditori della società finanziaria Cripto Genesis propongono un pacchetto di pagamenti di tolleranza e prestiti da 1,5 miliardi di dollari denominati in dollari, Bitcoin ed ether.

Gemini co-founders Tyler & Cameron Winklevoss, seen in colorful tuxedos,  announced in June that they will expand their Singapore headcount to more than 100 employees, about 20% of the total worldwide staff.

Politiche

Il prestatore Cripto Genesis modifica il piano di riorganizzazione mentre continuano i colloqui mediati

Il piano aggiornato scaturito dalle discussioni mediate con la società madre DCG riflette un “accordo sostanziale” su diverse questioni chiave.

Genesis companies filed for bankruptcy in January 2023 (manuela ideacrea/Getty Images)

Politiche

Il giudice fallimentare di Genesis estende il periodo di mediazione tra Genesis e i creditori

Il creditore insolvente avrà ora tempo fino al 2 agosto per presentare un piano per uscire dalla bancarotta.

The streets are clear outside the U.S. Court for the Southern District of New York (Dustin D.)

Politiche

Il defunto fondo speculativo Cripto 3AC insiste nel prendere parte alla mediazione Genesis

Il defunto fondo speculativo Cripto ha chiesto oltre 1 miliardo di dollari a Genesis, che a sua volta ha dichiarato bancarotta a gennaio.

Three Arrows Capital has made claims against Genesis (aitoff/Pixabay)

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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."

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