Bitcoin News / Bitcoinist - 1 year ago
After Genesis Trading’s lending arm shut down its services last week, the rumor mill started buzzing about a possible bankruptcy of Digital Currency Group (DCG). Especially hot are the rumors that Grayscale and its Bitcoin Trust (GBTC) and the...
Bitcoin News / Bitcoinist - 1 year ago
Crypto lending firm Genesis and its parent company, Digital Currency Group (DCG), are under pressure, and there are growing concerns about their potential default. Last week, the crypto lender halted new withdrawal requests from its customers, swelli...
Bitcoin News / Bitcoinist - 1 year ago
The question of whether Genesis Trading and Digital Currency Group (DCG) will go bust currently hangs over the crypto and Bitcoin market like a sword of Damocles. In the event of bankruptcy, DCG could be forced to liquidate its cash cow, Grayscale an...
Cryptocoins News / Blockchain - 1 year ago
Decentralized database solutions Kwil has received a $9.6 million fundraise from crypto venture capital firms FTX Ventures and Digital Currency Group (DCG) according to a filing lodged with the United States Securities and Exchange Commission (SEC) (...
Bitcoin News / Bitcoin.com - 2 years ago
On Tuesday, Digital Currency Group’s (DCG) mining subsidiary, Foundry Digital, announced the company has joined the Texas Blockchain Council (TBC), a nonprofit industry association in the state of Texas. Foundry detailed the newly formed allia...
Cryptocoins News / The Cointelegraph - 2 years ago
Grayscale parent Digital Currency Group, better known as DCG, announced that it intends to repurchase up to $250 million in shares for various Grayscale investment products.The share repurchase program is centered around Grayscale’s Litecoin Trust, H...
Cryptocoins News / The Cointelegraph - 2 years ago
Blockchain data indexing protocol The Graph has launched a $205 million ecosystem fund to lure new developers to its platform, offering further evidence that venture capital firms were still keen to support growth funds centered around decentralized...
Bitcoin News / Bitcoin.com - 2 years ago
Foundry, the Digital Currency Group (DCG) subsidiary and cryptocurrency mining and consulting firm from Rochester, New York announced the launch of a new platform on Wednesday called Foundry Staking. The company says the product currently supports 20...
Bitcoin News / Bitcoin.com - 2 years ago
Digital Currency Group (DCG), a Manhattan-based, crypto-focused VC conglomerate, has reached a $10 billion dollar valuation in a secondary sale where existing investors sold part of their shares to new ones. The funding round was led by Softbank and...
Bitcoin News / Bitcoin.com - 2 years ago
Ripio, a Latin American (Latam) exchange headquartered in Argentina, raised $50 million in its latest funding round, led by Digital Currency Group (DCG). The exchange, which has a stronghold in countries like Argentina and Brazil, will use these new...