Crypto Exchange Luno Rejigs Leadership Roles as It Seeks to Boost Investor Base, Eyes Public Listing
“Having first invested in Luno’s seed round in 2014 followed by an acquisition in 2020, we want to thank Marcus for his dynamic leadership and …
Binance Plans to Buy CoinDesk through CoinMarketCap ‘On Hold’
According to Kevin Worth the Chief Executive Officer of CoinDesk, the media firm has been getting a lot of offers with no decisions made yet. …
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FTX sues Grayscale and DCG, citing mismanagement
Alameda Research Ltd, the FTX debtor, has filed a lawsuit against Grayscale Investment’s CEO and owners over firm mismanagement in part of the Trust agreement …
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Binance in Partnership with Lee Woong-Yeol to Enter South Korean Market
In a note to executives and employees at the time of his retirement, Lee also talked about the necessity of blockchain technology. According to some …
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DCG records over $1b loss in 2022 amid crypto collapses
Digital Currency Group (DCG), a venture capital conglomerate with subsidiaries including Genesis and crypto news publication Coindesk, recorded over $1 billion loss in 2022, majorly …
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Crypto Giant Digital Currency Group Books Loss of $1.1B in 2022
The crypto winter of 2022 has put severe stress on the balance sheet of DCG. The company is working on major restructuring with the blowup …
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DCG losses top $1B on the back of 3AC collapse in 2022
Cryptocurrency venture capital conglomerate Digital Currency Group (DCG) has reported losses of over $1 billion in 2022 due largely to the contagion relating tocollapse of …
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DCG offloads Grayscale shares to raise capital: Report
Cryptocurrency conglomerate Digital Currency Group (DCG) has reportedly begun to sell its holdings in crypto funds managed by its subsidiary Grayscale Investments as it looks …
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Bitvavo will receive 80% of DCG debt
Bitvavo just released a statement announcing that they expect to receive at least 80% of the debt owed to them by DCG. According to incoming …
Will Bitcoin, Ethereum Crash? DCG Sells Grayscale Shares
After a long back-and-forth, the Genesis and DCG drama appears to be coming to a relatively smooth end after Genesis reached an agreement with DCG …
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