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DCG Mulls Enterprise Portfolio Sale to Shore up $3B Genesis Shortfall: Report
Litecoin

DCG Mulls Enterprise Portfolio Sale to Shore up $3B Genesis

admin January 12, 2023

Digital Foreign money Group would possibly promote belongings from its enterprise portfolio to give you funds to assist Genesis, its wholly-owned subsidiary, cowl a $3 billion shortfall, in response to a report on Thursday from the Monetary Occasions. Which means DCG’s stakes in additional than 200 crypto tasks—together with knowledge agency Dune Analytics, Ethereum block […]Read More

DCG Bites Again at Winklevoss as Barry Silbert Distances Firm From FTX and SBF
Blockchain

DCG Bites Again at Winklevoss as Barry Silbert Distances Firm

admin January 10, 2023

Digital Foreign money Group (DCG) has blasted Cameron Winklevoss for “malicious assaults” and defamation after the crypto mogul publicly accused the agency of fraud.  In a Tuesday Twitter response, DCG stated a press release by Winkelvoss was “one other determined and unconstructive publicity stunt” and that the corporate was “preserving all authorized treatments in response […]Read More

Winklevoss Calls for DCG CEO Barry Silbert Step Down, Alleges Accounting Fraud
Regulation

Winklevoss Calls for DCG CEO Barry Silbert Step Down, Alleges

admin January 10, 2023

Gemini CEO and co-founder Cameron Winklevoss publically accused crypto dealer Genesis and its father or mother agency Digital Foreign money Group (DCG) of committing fraud, urging DCG CEO Barry Silbert to step down. The statement makes quite a few allegations of significant wrongdoing, saying there may be “no path ahead” so long as Silbert stays […]Read More

Genesis Proprietor DCG Faces SEC, DOJ Probes: Report
Regulation

Genesis Proprietor DCG Faces SEC, DOJ Probes: Report

admin January 8, 2023

Federal prosecutors in New York, together with the SEC, are investigating Digital Forex Group (DCG) for inner transfers at its lending subsidiary Genesis, Bloomberg reported on Friday. DCG has obtained requests for paperwork and interviews by prosecutors within the Japanese District of New York, the report states, citing individuals conversant in the investigation. The SEC […]Read More

DCG Closes Subsidiary HQ, Fueling Fears In Bitcoin Market
Bitcoin

DCG Closes Subsidiary HQ, Fueling Fears In Bitcoin Market

admin January 6, 2023

Digital Foreign money Group (DCG), the crypto conglomerate that owns lender Genesis Buying and selling and asset supervisor Grayscale, amongst others, immediately made public that it has closed its asset administration division referred to as HQ Digital, fueling new fears throughout the bitcoin and crypto business, provided that the corporate managed $3.5 billion in whole […]Read More

DCG Shuts Down Wealth Administration Subsidiary HQ
Litecoin

DCG Shuts Down Wealth Administration Subsidiary HQ

admin January 6, 2023

Digital Foreign money Group (DCG), the crypto conglomerate behind beleaguered crypto dealer Genesis and digital asset supervisor Grayscale, confirmed Thursday that it’s shuttering HQ, its wealth administration division. “As a result of state of the broader financial surroundings and extended crypto winter presenting vital headwinds to the trade, we made the choice to wind down […]Read More

Analysis Agency Warns Bitcoin And ETH Traders Over DCG
Bitcoin

Analysis Agency Warns Bitcoin And ETH Traders Over DCG

admin January 5, 2023

Famend crypto agency Arcane Analysis has issued a warning to Bitcoin (BTC) and Ethereum (ETH) traders in mild of the escalating occasions surrounding Digital Foreign money Group (DCG), Genesis, and Grayscale. In an article by analyst Vetle Lunde, the agency warns: Traders ought to take note of the continued monetary misery associated to Digital Foreign […]Read More

Genesis CEO Asks for Extra Time as Winklevoss Pressures Mum or dad Firm DCG
Regulation

Genesis CEO Asks for Extra Time as Winklevoss Pressures Mum

admin January 4, 2023

The CEO of crypto dealer Genesis has requested for time to kind out its troubled lending unit as its dad or mum firm Digital Foreign money Group (DCG) faces rising stress.  Genesis halted withdrawals in November following the crash of crypto change FTX. And the platform owes high-yield financial savings product Gemini Earn $900 million.  […]Read More

These Altcoins Will Be Hit Hardest If DCG And Grayscale Fall
Bitcoin

These Altcoins Will Be Hit Hardest If DCG And Grayscale

admin January 3, 2023

The stress on the Digital Forex Group (DCG) and Grayscale continues to mount. The Winklevoss twins have given DCG an ultimatum of January eighth to return the $900 million Gemini Earn buyer funds, whereas the customers themselves have filed a category motion lawsuit towards each corporations. As well as, in what’s believed to be a […]Read More

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