October 4th, 2024
DCG News
Digital Currency Group
Genesis Trading Moves 40,000 ETH, Suggesting Possible Asset Liquidation
By Leon Okwatch
August 2nd, 2024
These transfers come in the wake of a significant settlement Genesis reached with New York State.
Genesis Wins Court Approval to Refund $3B in Bankruptcy Case
By Chimamanda U. Martha
May 20th, 2024
With the approved plan to distribute $3 billion to customers, Gemini is poised to commence fund distributions to those affected by the Genesis liquidity crisis in 2022 through its Earn program.
Grayscale’s Q1 2024 Earnings Take Hit amid Bitcoin ETF Outflows
By Bhushan Akolkar
May 10th, 2024
GBTC’s high management fees at 1.5% continue to hurt Grayscale as revenue of the firm remained flat in Q1 amid high redemptions from Bitcoin ETF.
20% of Swing State Voters Prioritize Crypto in Upcoming US Elections
By Bena Ilyas
May 7th, 2024
The poll’s data shows crypto is top of mind for voters in swing Senate states and that a pro-crypto position is a net positive for policymakers and candidates.
Genesis Global Receives Court Approval to Sell $1.6B Worth of Grayscale Shares
By Tolu Ajiboye
February 15th, 2024
Genesis now has legal approval to sell $1.6 billion in Grayscale shares, including GBTC and ETHE, even though DCG disagrees.
Bullish Pays Up to $80M to Acquire CoinDesk and Replaces Several Managers Including CEO Kevin Worth
By Tolu Ajiboye
February 14th, 2024
The CoinDesk takeover by Bullish has resulted in a few changes, including the departure of the CEO among other key staff.
Digital Currency Group Reports $210M in Q4 2023 Revenue as Valuation Tops $4.4B
By Steve Muchoki
February 13th, 2024
Digital Currency Group repaid more than $1 billion in debt during Q4 2023 as the litigation between DCG’s Genesis and the Gemini crypto exchange continues.
Polymer Labs Secures $23 Million in Series A Funding from Top Investors
By Bhushan Akolkar
January 24th, 2024
Polymer Labs introduces an innovative solution for developers and businesses in Web3, facilitating projects in DeFi, NFTs, and real-world asset tokenization.
Grayscale Files Amended ETF Application Following Silbert’s Resignation
By Chimamanda U. Martha
December 27th, 2023
The amended ETF application came after a series of meetings between Grayscale and the SEC in December.
Grayscale Investments’ Top Executives Barry Silbert and Mark Murphy Resign from Board of Directors
By Steve Muchoki
December 27th, 2023
In addition to top executives stepping aside from the board of directors, Grayscale Investments also filed an updated spot Bitcoin ETF application with the SEC on Tuesday.
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