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Digital Currency Group
Crypto's Reported Staff Cuts at BitMEX, Digital Currency Group, Galaxy Digital
Crypto venture capital company Digital Currency Group (DCG), the parent company of CoinDesk, has promoted Chief Operating Officer Mark Murphy to president amid a restructuring in which some 13% of its staff departed, according to Bloomberg. This comes amid news of other staff cuts at BitMEX and Galaxy Digital. "The Hash" panel discusses the latest hurdles for companies amid crypto winter.

Crypto Mining and Staking Firm Foundry Offers Training Program for Miners
Digital asset mining and staking firm Foundry has started the Foundry Academy, a program to train and prepare technicians for the bitcoin mining industry. Foundry Academy Executive Director Craig Ross shares insights into the program. Foundry is a subsidiary of Digital Currency Group (DCG), which is the parent company of CoinDesk.

Grayscale, Disclosing SEC Queries, Says Cryptos XLM, ZEC, ZEN May Be Securities
The three tokens “may currently be a security, based on the facts as they exist today,” Grayscale said in recent, little-noticed filings.

Crypto Broker Genesis Cutting 20% of Workforce as CEO Michael Moro Exits
Moro is to be replaced on an interim basis by Chief Operating Officer Derar Islim.

Crypto Investment Firm Digital Currency Group Registers Executive as Lobbyist
The company's Grayscale unit has sued the SEC for rejecting its spot bitcoin ETF application.

Web3 Pitch Fest Powered by Extreme Tech Challenge (XTC) And CoinDesk
Metagood Co-founder & Chairman Bill Tai and CoinDesk's Chief Content Officer Michael Casey kick off the Web3 Pitch Festival at Consensus 2022. With Extreme Tech Challenge's Executive Managing Director Victoria Slivkoff as moderator, entrepreneurs introduce the highlights of their projects to three judges including Meltem Demirors (CoinShares), Rumi Morales (Digital Currency Group) and Dr. Francis Ho (Walden Catalyst Ventures).

Looking Beyond the Terra Rubble: What’s Next for Crypto?
Rumi Morales (Digital Currency Group) and Mark Yusko (Morgan Creek Capital & Morgan Creek Digital) join Selini Capital's CIO Jordi Alexander at Consensus 2022 to discuss the aftermath of Terra LUNA fiasco and the serious headwinds crypto markets are facing.

Genesis Faces ‘Hundreds of Millions’ in Losses as 3AC Exposure Swamps Crypto Lenders: Sources
The DCG-owned trading colossus is said to have suffered nine-figure losses partly through exposure to Three Arrows Capital and Babel Finance.

Decent Labs Launches DAO With Crypto Investing Giants at $56M Valuation
The venture studio will partner with the likes of BlockTower Capital and Digital Currency Group to build and finance new protocols.

Oxio Raises $40M to Bring Tokenized Telco Model to US and Brazil
The company's white label product allows any brand to serve as a mobile operator. It’s already working with Grupo Bimbo and other big brands in Mexico.
