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Tradeblock, DCG Subsidiary, to Be Shuttered Due to Crypto Winter
26.5.2023
Amid an ongoing crypto market downturn, digital asset-focused venture capital firm Digital Currency Group (DCG) has announced it is closing its subsidiary TradeBlock which offers its trading services to institutional investors.
The trading platform is scheduled to be shut down on May 31, Bloomberg...
DCG’s Subsidiary TradeBlock Is Shutting Its Doors: Bloomberg News
26.5.2023
TradeBlock, an institutional investor focused subsidiary of Barry Silbert’s crypto conglomerate Digital Currency Group, is closing down, according to Bloomberg News.
“Due to the state of the broader economy and prolonged crypto winter, along with the challenging regulatory environment for digital...
DCG Fails to Make $630M Payment to Creditors Amid Genesis Negotiations, Says Gemini
23.5.2023
In the midst of the financial dispute between crypto exchange Gemini and Digital Currency Group (DCG), Gemini has alleged that DCG failed to make a payment of around $630 million that was due last week. In response, Gemini has stated that it may extend “forbearance” to DCG in order...
Today in Crypto: STEPN Reveals Apple Pay Integration, Huobi Ordered to Stop Operations in Malaysia, Hotbit Closes Shop, DCG Missed a $630M Payment, BXB Capital Raising Capital Exclusively in BTC
22.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: STEPN Reveals Apple Pay Integration, Huobi Ordered to Stop Operations in Malaysia, Hotbit Closes Shop,...
Gemini Says Genesis Parent DCG Missed $630 Million Payment
22.5.2023
Gemini says it is working with Genesis, DCG, and creditors to provide forbearance to DCG in order to avoid a default
ViaBTC’s 7th Anniversary: The Evolution of Crypto Mining
17.5.2023
On January 3, 2009, Satoshi Nakamoto mined the Genesis Block on a small server in Helsinki, Finland, and received a reward of 50 bitcoins, which marks the beginning of crypto mining. From CPU to ASIC In Satoshi Nakamoto’s initial vision, BTC mining could be performed using CPUs installed...
DCG settlement with Genesis still undecided as 30-day mediation period proceeds
10.5.2023
The settlement plan proposed in February would give Genesis creditors 80% recovery of funds but many raised demands, leading to the mediation
DCG Looks to Refinance Outstanding Genesis Obligations, Raise Growth Capital
9.5.2023
The crypto conglomerate may owe its bankrupt lending division hundreds of millions in loan payments
FTX seeks to claw back $4B from Genesis in a battle of the bankrupt
4.5.2023
The bankrupt crypto exchange wants to recoup billions from the bankrupt crypto lender claiming it was “instrumental” to FTX’s “fraudulent” business model
FTX Seeks to Claw Back Nearly $4B in Ongoing Bankruptcy Case
3.5.2023
Bankrupt crypto exchange FTX wants to claw back nearly $4 billion in funds from similarly bankrupt Genesis Global Capital, the company said in a court filing Wednesday
This Game Has The Best Depiction Of X-Men Women We’ve Ever Seen
2.5.2023
Getting to play as Storm, Mistress of the Elements, is a highlight of any X-Men gaming experience, whether it be Konami’s classic arcade beat ‘em up, the beloved action-RPG X-Men: Legends, or as part of the Certified Gay trio of Storm, Rogue, and Psylocke in Marvel vs. Capcom 2. As a lover of...
Gemini ‘supportive’ of Genesis mediation, but frustrated over pacing
1.5.2023
Genesis is starting a 30-day meditation with its key creditors as its bankruptcy proceedings are close to hitting the four-month mark
Genesis Bankruptcy Parties Agree to 30-Day Mediation Period
28.4.2023
The process can start once the parties agree on a mediator and submits an order to the U.S. bankruptcy court
Genesis settlement disrupted by new creditor demands, DCG says
25.4.2023
Under the initial settlement plan, Genesis creditors were expected to receive 80% recovery of funds lost due to the bankruptcy
Genesis Files for Mediator Assistance Over Amount of DCG Contribution to Reorganization
25.4.2023
The move by Genesis creditors comes months after they had appeared to reach an initial agreement with Genesis-owner DCG
Marvel Studios Founder David Maisel Launches Ekos Genesis Art Collection
21.4.2023
David Maisel, who pioneered the Marvel Cinematic Universe, is spearheading a new digital art collection from Mythos Studios, featuring artwork by noted comic book artist Michael Turner
Today in Crypto: Intel Discontinues Bitcoin Mining Chips Production, a16z Crypto Teases a New Launch, LUKSO's Genesis Validator Deposit Smart Contract Going Live on Thursday
19.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Intel Discontinues Bitcoin Mining Chips Production, a16z Crypto Teases a New Launch, LUKSO's Genesis...
Lukso Genesis Validator Smart Contract to Go Live on 4/20 at 4:20
18.4.2023
The Lukso initial validators will vote on token supply of LYX and how much the Lukso Foundation can hold
Bankruptcy Trading Platform Xclaim Closes $7M Round as It Adds Crypto Focus
11.4.2023
Founder and CEO Matthew Sedigh says trading volumes have surpassed $200 million since Xclaim started operations in 2018
Crypto ATM Numbers Drop by 13.91% Since December 2022, Over 3,600 Went Offline in March
2.4.2023
According to data from the cryptocurrency automated teller machine (ATM) aggregation website Coin ATM Radar, over 3,600 crypto ATMs went offline in March. Since the end of 2022, the number of crypto ATMs has declined by 13.91% in the last three months. Crypto ATM Numbers Decline in 2023 According...