Genesis

“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as Federal Reserve Chair Jerome Powell addresses the current state of inflation at the Kansas City Fed’s Jackson Hole Economic Policy Symposium. Mastercard and Binance are ending their crypto card partnership. Plus, customer data of bankrupt crypto exchange FTX, Genesis and lender BlockFi have been compromised due to a hack. 

Aug 25, 2023

“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as bitcoin (BTC) trades below $28,000. FTX’s Alameda Research strikes a deal with bankrupt crypto company Genesis, according to new court filings. Valkyrie Digital Assets is doubling down on ether futures products. And, a closer look at where is PayPal pressing pause on crypto transactions.

Aug 17, 2023

Crypto firm Gemini sued Digital Currency Group last week, alleging the industry conglomerate and its founder Barry Silbert committed "fraud" through DCG subsidiary Genesis, which held funds for Gemini tied to the latter company's Earn program. Hodder Law Firm Managing Partner Sasha Hodder discusses the key takeaways. Plus, what to make of Twitter threatening to sue Facebook parent company Meta over the Threads app. CoinDesk and Genesis are both owned by DCG.

Jul 10, 2023

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.

Jul 7, 2023

Policy

A empresa quer vender seus negócios após entrar com pedido de falência em 19 de janeiro.

By Jack SchicklerMar 17, 2023

Finance

A DCG tinha caixa e equivalentes de caixa de apenas US$ 262 milhões no final de 2022, enquanto os ativos de investimento totalizavam US$ 670 milhões.

By Ian AllisonFeb 27, 2023

Genesis Global Holdco filed for bankruptcy protection last month and unveiled the final details of a proposed plan to sell itself off alongside Genesis Global Trading to help parent Digital Currency Group (DCG) pay off some of the firm's creditors. "The Hash" panel discusses the latest in Genesis' bankruptcy process and what we know so far. DCG is the parent company of Genesis and CoinDesk.

Feb 13, 2023

Digital Currency Group (DCG) intends to sell its subsidiary Genesis' crypto trading business as well as its lending arm, which is restructuring through bankruptcy, a Genesis attorney said Monday as the company revealed a pact with creditors. Lumida CEO and co-founder Ram Ahluwalia shares his analysis. DCG is also the parent company of CoinDesk.

Feb 7, 2023

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.

Feb 7, 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).

Feb 7, 2023