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Digital Currency Group
DCG Calls Gemini Lawsuit a Publicity Stunt; Analyst Downplays U.S. Spot Bitcoin ETF Hype
“CoinDesk Daily” host Jennifer Sanasie discusses the hottest stories in crypto, including Digital Currency Group's comments after Gemini announced its lawsuit against the industry conglomerate. DCG is the parent company of CoinDesk. A new JPMorgan report explains why the SEC's approval of a spot bitcoin ETF will not be a game changer. And, an update on when the much-awaited layer 2 blockchain Shibarium is expected to go live.
Cameron Winklevoss Says Gemini Filed Lawsuit Against Digital Currency Group
Crypto trust firm Gemini is suing Digital Currency Group, alleging the industry conglomerate and its founder Barry Silbert committed "fraud" through DCG subsidiary Genesis. "The Hash" panel discusses the latest developments, as DCG calls Gemini's latest legal action "baseless" and "defamatory." Both CoinDesk and Genesis are owned by DCG.
Gemini processa grupo de moeda digital e fundador Barry Silbert alegando "fraude"
O processo é a mais recente escalada da Gemini, que está tentando recuperar fundos para seu programa Earn, mantido pela subsidiária da DCG, Genesis.
Horizen Sheds Privacy Coin Moniker Amid Global Regulatory Scrutiny
Self-described layer 0 blockchain Horizen is shedding its privacy coin moniker following global regulatory scrutiny. Horizen co-founder and CEO Rob Viglione discusses the move and what it means for the broader crypto ecosystem. Horizen is backed by crypto hedge fund Grayscale's Horizen Trust. Grayscale and CoinDesk are both owned by Digital Currency Group.
Former Genesis CEO Michael Moro on Taking Helm of Crypto Derivatives Exchange
Michael Moro, the former CEO of Genesis Trading, is taking the helm of a new crypto derivatives exchange called Ankex, which was incubated within crypto custody tech firm Qredo. Ankex CEO Michael Moro shares insights into the new venture. Plus, Moro's reaction to the latest debt-restructuring talks over the bankrupt crypto firm Genesis. Genesis and CoinDesk both operate under Digital Currency Group.
Cameron Winklevoss da Gemini tuíta 'oferta final' de US$ 1,5 bilhão em negociações sobre dívida da empresa de Cripto Genesis
Os credores da empresa financeira de Cripto Genesis propõem um pacote de US$ 1,5 bilhão em pagamentos de tolerância e empréstimos denominados em dólares, Bitcoin e ether, de acordo com um termo de compromisso publicado no Twitter pelo cofundador da Gemini.
O credor de Cripto Genesis altera o plano de reorganização enquanto as negociações mediadas continuam
O plano atualizado a partir de discussões mediadas com a empresa controladora DCG reflete um “acordo substancial” em várias questões importantes.
Juiz de falências da Genesis estende o período de mediação entre Genesis e credores
O credor insolvente terá agora até 2 de agosto para apresentar um plano para sair da falência.
O extinto Cripto Hedge Fund 3AC insiste em participar da mediação Genesis
O extinto fundo de hedge de Cripto reivindicou mais de US$ 1 bilhão contra a Genesis, que entrou com pedido de falência em janeiro.
DCG Shutters Tradeblock, Citing Crypto Winter and Regulatory Uncertainty
Digital Currency Group (DCG), the parent company of CoinDesk, is sunseting its trade execution and prime brokerage services unit, TradeBlock. This comes as the crypto conglomerate reported a loss of $1.1 billion in 2022 as it suffered the effects of the crypto bear market. Gerber Kawasaki Director of Get Invested Brett Sifling reacts to the news, saying "it's never nice to see less competition in the space."