Genesis

The U.S. Securities and Exchange Commission (SEC) alleged that crypto exchange Gemini and crypto lender Genesis Global Capital sold unregistered securities in a lawsuit. CoinDesk and Genesis are both owned by Digital Currency Group. "The Hash" panel discusses the timing of the charges and the SEC's approach to crypto regulation.

13 янв. 2023 г.

The U.S. Securities and Exchange Commission (SEC) alleged that crypto exchange Gemini and crypto lender Genesis Global Capital sold unregistered securities in a lawsuit filed late Thursday. CoinDesk and Genesis are both owned by parent company Digital Currency Group. Moses Singer Partner and former SEC Senior Trial Counsel Howard Fischer joins "First Mover" to discuss the timing and details of the lawsuit, citing SEC's regulatory bandwidth. Plus, his response to Gemini co-founder Tyler Winklevoss' tweet that refers to the lawsuit as "counterproductive."

13 янв. 2023 г.

Crypto.com said it is cutting its workforce by around 20% as the crypto industry continues to reel from the effects of the ongoing crypto winter. "First Mover" hosts discuss the series of job cut announcements from companies, including Genesis, Coinbase, Blockchain.com and ConsenSys.

13 янв. 2023 г.

Политика

Gemini and Genesis have been engaged in a public spat after Genesis suspended withdrawals last year.

Автор Nikhilesh De, Danny Nelson12 янв. 2023 г.

Troubled crypto lender Genesis owes its creditors over $3 billion prompting its parent company, Digital Currency Group, to look at asset sales to pay off the debt, according to the Financial Times. DCG is the parent company of CoinDesk. Plus, cryptocurrency brokerage Blockchain.com said it's letting go of 28% of its workforce as crypto's cruel winter continues.

12 янв. 2023 г.

Финансы

Digital Currency Group, Genesis' parent company, is reportedly looking to sell some of its venture-capital portfolio, worth around $500 million.

Автор Parikshit Mishra12 янв. 2023 г.

The Winklevoss twins' crypto exchange Gemini escalated its dispute with Digital Currency Group's (DCG) Genesis Global Trading – its partner on a crypto lending product pitched to smaller investors – by terminating a key aspect of their relationship. Lumida CEO and co-founder Ram Ahluwalia weighs in on the latest tensions escalating between DCG and Gemini. DCG is the parent company of Genesis and CoinDesk.

11 янв. 2023 г.

Barry Silbert, the head of crypto conglomerate Digital Currency Group (DCG), gave his shareholders more details about his company's Genesis Capital lending division that was forced to halt customer withdrawals in the aftermath of FTX's November collapse. CoinDesk and Genesis are both owned by parent company DCG. Hodder Law Firm Managing Partner Sasha Hodder weighs in on the latest developments.

10 янв. 2023 г.

Digital Currency Group is responding to the open letter Gemini co-founder Cameron Winklevoss issued, stating in part on Twitter that this "is another desperate and unconstructive publicity stunt." Winklevoss asked the DCG board to remove Silbert, citing DCG's inability to find a fair resolution with creditors of DCG's Genesis unit. DCG is the parent company of CoinDesk.

10 янв. 2023 г.

Финансы

Crypto exchange Gemini co-founder Cameron Winklevoss earlier on Tuesday called for the DCG board to remove Silbert as CEO.

Автор Nick Baker10 янв. 2023 г.