Three Arrows Capital Founders Served Subpoenas by way of Twitter in Bankruptcy Process
The founders of the now-defunct cryptocurrency hedge fund Three Arrows Capital (3AC) have been served subpoenas by the fund’s liquidators by way of Twitter. While...
Gemini’s Cameron Winklevoss Insists Digital Currency Group Needs to Resolve Liquidity Issues in Open Letter to CEO Barry Silbert
Cameron Winklevoss, co-founder of the cryptocurrency trade Gemini, revealed an open letter to Digital Currency Group (DCG) CEO Barry Silbert on Jan. 2, 2022, stating...
Valkyrie Reveals Intention to Sponsor Grayscale’s Bitcoin Trust as GBTC Discount to NAV Widens
Valkyrie Investments, a Tennessee-based asset supervisor, has introduced its intention to grow to be the brand new sponsor of Grayscale’s Bitcoin Trust (GBTC). The firm...
Gemini Forms Creditors Committee With Houlihan Lokey to Resolve Genesis Liquidity Issues
Roughly two weeks in the past a report from the Financial Times (FT) claimed Genesis Global Capital owed $900 million to Gemini prospects and the...
Report: Genesis Owes Gemini Customers $900 Million, Exchange Is Attempting to Recoup Assets
According to a current report from the Financial Times (FT), Genesis Global Capital allegedly owes $900 million to Gemini clients. The trade operated by Cameron...
Report: State Securities Regulators Probe Crypto Lender Genesis
State securities regulators are reportedly investigating Genesis Global Capital in a broad vary probe into the “interconnectedness of crypto firms,” Barron’s reported on Friday. The...
DCG Subsidiary Foundry to Acquire 2 ‘Turnkey’ Bitcoin Mining Facilities From Compute North
Digital asset mining and staking agency Foundry has agreed to buy two “turnkey” bitcoin mining amenities from Compute North, a bitcoin miner that filed for...
GBTC Manager Insists the ‘Holdings of Grayscale’s Digital Asset Products Are Safe and Secure’
On Nov. 18, 2022, at 5:47 p.m. (ET), Grayscale Investments’ official Twitter account shared data on the security and safety related to Grayscale’s digital asset...
Report: Genesis Global Trading’s Lending Unit Suspends Withdrawals and New Loan Originations
Following Blockfi, Liquid Global, and Salt Lending halting withdrawals, studies point out that Genesis Global Trading’s lending unit has halted buyer withdrawals. Genesis’ interim chief...
Bitcoin Miner Genesis Digital Assets Secured 708 MW in Capacity During the First Half of 2022
This week the bitcoin mining firm Genesis Digital Assets introduced that the agency has secured 708 megawatts (MW) in capability and revealed plans to create...