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Earlier Monday, CoinDesk reported that DCG and Genesis had reached an agreement with a key group of creditors. Lumida CEO and co-founder Ram Ahluwalia discusses the potential outcomes for Digital Currency Group amid crypto winter. Genesis and CoinDesk are both owned by DCG.

7 feb 2023

Digital Currency Group (DCG) started selling holdings in several investment vehicles run by its subsidiary and digital assets manager Grayscale at a steep discount, according to a Financial Times report citing U.S. securities filings. This report comes after DCG and Genesis had reached an initial agreement with a key group of creditors. Lumida CEO and co-founder Ram Ahluwalia weighs in. Grayscale, Genesis and CoinDesk are all owned by Digital Currency Group (DCG).

7 feb 2023

Crypto conglomerate Digital Currency Group (DCG) and its bankrupt Genesis subsidiaries reached an in-principle agreement on terms of a restructuring plan with a group of the firm’s main creditors. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the terms of the proposed deal. DCG is the parent company of CoinDesk and Genesis.

7 feb 2023

Host Joel Flynn takes a deep dive into whether Ethereum's upcoming "Shanghai" upgrade will be a boost for liquid staking. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

7 feb 2023

The Crypto Trader author Glen Goodman discusses his outlook for bitcoin (BTC) as the largest cryptocurrency by market capitalization holds firm at around $23,000 following a strong January U.S. jobs report. Plus, reaction to the Bank of England starting further research and development work on a digital pound for purchasing goods and services – something that’s likely to be needed in the future, the regulator said Monday.

7 feb 2023

Yuga Labs, the parent company of the Bored Ape Yacht Club NFT project, has reached a settlement with Thomas Lehman, who built websites and smart contracts for Ryder Ripp's copycat project "RR/BAYC." Leichtman Law PLLC Managing Partner David Leichtman discusses the details of the settlement, sharing insights into the trademark and copyright considerations for digital collectibles. Plus, his take on the Hermès vs. MetaBirkin trial.

7 feb 2023

Crypto exchange Binance is temporarily suspending U.S. dollar bank transfers starting on Wednesday. Binance's U.S. division, Binance.US, is not affected by the suspension, according to a tweet from Binance.US Customer Support. Separately, crypto conglomerate Digital Currency Group (DCG) and its bankrupt Genesis subsidiaries reached an in-principle agreement on terms of a restructuring plan with a group of the firm’s main creditors, according to a CoinDesk source. DCG is also the parent company of CoinDesk.

6 feb 2023

Andre Portilho, Head of Digital Assets at Brazilian Investment Bank BTG Pactual, discusses his outlook for bitcoin (BTC) as the cryptocurrency hovers around $23,000 after its rally in January. Plus, the future of bitcoin development and adoption.

6 feb 2023

New Fundstrat data shows Bitcoin's mean block size has increased since the Ordinals protocol, which allows for NFTs to be stored on Bitcoin's blockchain, started to gain traction towards the end of January. Separately, the Bitcoin Lightning Network has reached an all-time high in terms of capacity, or the amount of bitcoin locked in payment channels, according to The Block. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

6 feb 2023

A bankruptcy court judge declined to rule definitively on whether to appoint an independent examiner to the FTX bankruptcy case. The U.S. government argued that the statute called for the judge to demand such an examination, while FTX said a probe would represent a costly duplication. Baric & Associates Partner Steve Baric weighs in on the latest legal proceedings and the potential biggest hurdles for FTX’s new chief executive, John J Ray III.

6 feb 2023