Bitcoin ETFs Grayscale CEO Michael Sonnenshein steps down The CEO will be replaced by Goldman Sachs executive Peter Mintzberg effective Aug. 15. By VirtualCoinCap41 mins ago
Digital Currency Group Digital Currency Group first-quarter revenue jumps 51% despite GBTC outflows May 9, 2024
Cryptocurrency Ownership Financial system ‘outdated’ but crypto is no fix either — US swing voters May 8, 2024
Digital Currency Group objects to subsidiary Genesis’ settlement with NYAG DCG claims the settlement was made with the assumption that NYAG would win in court, and it ... By VirtualCoinCapFebruary 22, 2024 bankruptcy
Court clears Genesis to liquidate $1.3B worth of Grayscale GBTC shares Filings suggested that Genesis Global Holdco held roughly $1.6 billion worth of shares of Grayscale Bitcoin Trust, ... By VirtualCoinCapFebruary 14, 2024 bankruptcy
Crypto Biz: Bitcoin ETFs make headway, Genesis’ overpaid bankruptcy plan, and more Whether Bitcoin’s era has begun is hard to say, but the challenges to broader adoption may be ... By VirtualCoinCapFebruary 9, 2024 Digital Currency Group
Genesis bankruptcy plan overpays customer claims, DCG says According to DCG, Genesis’ proposed bankruptcy plan pays creditors “hundreds of millions of dollars more” than the ... By VirtualCoinCapFebruary 6, 2024 bankruptcy
FTX petitions court to sell off $175M claim against DCG’s Genesis The bankrupt firms whittled the sum down from a much larger debt to avoid the delay and ... By VirtualCoinCapFebruary 3, 2024 bankruptcy
Genesis creditors group calls foul on Digital Currency Group repayment Grayscale investment products are no substitute for BTC, Genesis creditors say, and there’s still the matter of ... By VirtualCoinCapJanuary 9, 2024 bankruptcy
Crypto exchange Bullish buys 100% stake in crypto media site CoinDesk: Report CoinDesk was owned by the Digital Currency Group, which acquired the media company in 2016 for $500,000. ... By VirtualCoinCapNovember 20, 2023 Cryptocurrencies
Gemini sues Genesis over GBTC shares used as Earn collateral, now worth $1.6B Genesis wants to use the shares’ initial value in claims and is not releasing additional collateral transferred ... By VirtualCoinCapOctober 27, 2023 bankruptcy
Gemini legal team accuses DCG of ‘gaslighting’ Genesis creditors Lawyers representing Gemini Trust filed a response in bankruptcy court to Digital Currency Group’s plan claiming to ... By VirtualCoinCapSeptember 15, 2023 Court
Genesis announces winding down of crypto trading services In January, Genesis Global Capital announced it would eliminate its crypto spot trading services “voluntarily and for ... By VirtualCoinCapSeptember 14, 2023 bankruptcy
Gemini Earn users could recover all funds in new DCG remuneration scheme DCG suggests a new deal in Genesis bankruptcy, offering unsecured creditors 70%–90% baseline recovery; if approved, it ... By VirtualCoinCapSeptember 13, 2023 bankruptcy
Genesis sues parent company DCG, other affiliate for $600M loans, then stays action DCG borrowed $500,000 from its subsidiary last year, and DCG Investments borrowed over 18,000 BTC. Both have ... By VirtualCoinCapSeptember 6, 2023 bankruptcy
US-based Genesis Global Trading will eliminate its crypto spot trading service The company, an affiliate of Barry Silbert’s Digital Currency Group, has been providing crypto spot trading since ... By VirtualCoinCapSeptember 5, 2023 bankruptcy
Genesis lenders call DCG agreement ‘wholly insufficient’ The in-principle agreement reached by DCG and creditors also said that the ad hoc group and Gemini ... By VirtualCoinCapAugust 30, 2023 bankruptcy
DCG reaches ‘agreement in principle’ with Genesis creditors, debtors The estimated U.S. dollar equivalent recoveries could amount to 70%–90% for Genesis creditors, should the amended plan ... By VirtualCoinCapAugust 29, 2023 bankruptcy
CoinDesk to lay off part of editorial staff in preparation for sale of stake: Report Estimates of staffers facing the axe range from 45% (20 people) to 16%. A companywide meeting is ... By VirtualCoinCapAugust 14, 2023 Digital Currency Group
Digital Currency Group files motion to dismiss Gemini lawsuit, claiming it’s a PR campaign Gemini’s complaint filed in July alleged DCG and Barry Silbert had made “false, misleading, and incomplete representations ... By VirtualCoinCapAugust 10, 2023 Court
New York AG probes transactions at Genesis, ties with Barry Silbert: Report Digital Currency Group is reportedly under investigation in New York for financial transactions involving its subsidiary, Genesis ... By VirtualCoinCapAugust 6, 2023 bankruptcy
Mastercard releases New Job Listings for upcoming Crypto Wallet Projects September 30, 20192732 views