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Barry Silbert’s Digital Currency Group (DCG) is reportedly being investigated by the U.S. Department of Justice’s (DOJ) Eastern District of New York and the U.S. Securities and Exchange Commission (SEC), according to Bloomberg. The entities are examining financial transfers between DCG and its Genesis unit. DCG is the parent company of CoinDesk. Pacific Street Managing Director Gareth Rhodes shares his analysis.

Jan 10, 2023

Gemini co-founder Cameron Winklevoss issued an open letter on Tuesday calling for the removal of Digital Currency Group (DCG) CEO Barry Silbert a week after calling out the executive over a business disagreement. Pacific Street Managing Director Gareth Rhodes weighs in on the latest developments. DCG is the parent company of CoinDesk.

Jan 10, 2023

Crypto exchange Coinbase (COIN) said it is planning to reduce its headcount by around 950 employees as part of a restructuring that it expects to be complete by the end of the second quarter. "First Mover" hosts weigh in on the latest string of layoffs amid crypto winter.

Jan 10, 2023

Nishad Singh, FTX’s former director of engineering, is said to be engaging with the U.S. Attorney’s Office in the Southern District of New York, according to a Bloomberg report. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what this could mean for Sam Bankman-Fried's legal proceedings and what to expect from FTX's upcoming bankruptcy hearing.

Jan 10, 2023

Blockchain Foundation Executive Director Cleve Mesidor discusses her outlook on crypto regulation as Congressman Kevin McCarthy secured his position as House speaker. Plus, insights on the crypto industry's campaign donations and whether tangible differences will be made after the FTX fallout. Plus she breaks down the Blockchain Association's analysis of financial literacy in the education system. 

Jan 10, 2023

Digital Currency Group (DCG) faces an investigation by the U.S. Department of Justice and SEC on the transfer of funds between DCG and its Genesis unit, according to a report from Bloomberg. DCG is the parent company of CoinDesk. Pacific Street Managing Director Gareth Rhodes weighs in. Plus, he discusses his opinion piece titled, "The Impact of Avraham Eisenberg’s Case on the Future of Crypto," focusing on whether "white hat" hacking could benefit DeFi protocols.

Jan 10, 2023

Galaxy Digital Head of Research Alex Thorn shares insights into the state of crypto venture funding throughout 2022. He points out a specific decline in pre-seed round deals and a "lion's share of deals done" in the Web3, NFTs, and Metaverse bucket.

Jan 9, 2023

In CoinDesk Research's Annual 2022 Review report, Research Associate George Kaloudis sheds light on how the decline in BTC price and the rise in Bitcoin hashrate impacted the mining space.

Jan 9, 2023

Bankrupt crypto lender Voyager has defended its $1 billion plan to sell assets to Binance.US, calling criticisms “hypocrisy and chutzpah” based on unverified speculation, according to legal filings. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the opposition the plan has received from FTX trading arm Alameda Research, federal regulators, and a number of U.S. states.

Jan 9, 2023

Venture capitalists invested more than $30 billion into crypto and blockchain startups in 2022, despite the macro headwinds and the market downturn. Galaxy Digital Head of Firmwide Research Alex Thorn shares his insights. Plus, a closer look on why Web3 accounted for most deals and the U.S. dominance in crypto venture capital.

Jan 9, 2023