DCG

Digital Currency Group founder Barry Silbert (DCG)
DCG Creditor Pact Revealed With Plan to Sell Genesis Trading Unit as Part of Bankruptcy
Earlier Monday, CoinDesk reported that DCG and Genesis had reached an agreement with a key group of creditors.
Digital Currency Group founder Barry Silbert (DCG)

Binance to Pause US Dollar Bank Transfers This Week; Genesis, DCG Reach Initial Agreement With Main Creditors: Source
Binance to Pause US Dollar Bank Transfers This Week; Genesis, DCG Reach Initial Agreement With Main Creditors: Source
Crypto exchange Binance is temporarily suspending U.S. dollar bank transfers starting on Wednesday. Binance's U.S. division, Binance.US, is not affected by the suspension, acc...
Binance to Pause US Dollar Bank Transfers This Week; Genesis, DCG Reach Initial Agreement With Main Creditors: Source

(A Mokhtari/Getty Images, modified by CoinDesk)
Would a Genesis/DCG Deal With Creditors End the Crypto Contagion?
According to sources, an in-principle agreement has been reached.
(A Mokhtari/Getty Images, modified by CoinDesk)

(Genesis Global Trading, modified by CoinDesk)
Bankrupt Lender Genesis and Parent DCG Reach Initial Agreement With Main Creditors: Source
The term sheet includes "an equitization of the 10-year promissory note that DCG gave Genesis in return for the 3AC claims," a person familiar with the situation said.
(Genesis Global Trading, modified by CoinDesk)

Bitcoin Holds $23K Ahead of Key FOMC Meeting
Bitcoin Holds $23K Ahead of Key FOMC Meeting
Bitcoin (BTC) is trading above $23,000 as traders await the upcoming Federal Open Market Committee decision on interest rates. Steve Hanke, professor of applied economics at J...
Bitcoin Holds $23K Ahead of Key FOMC Meeting

'Bitcoin Jesus' Says He Has the Money to Pay Crypto Lender Genesis
'Bitcoin Jesus' Says He Has the Money to Pay Crypto Lender Genesis
Roger Ver, the blockchain-industry veteran once known as “Bitcoin Jesus” thanks to his early evangelism for the cryptocurrency, said Wednesday that he has “sufficient funds” t...
'Bitcoin Jesus' Says He Has the Money to Pay Crypto Lender Genesis

DCG-Owned Luno Slashes 35% of Staff
DCG-Owned Luno Slashes 35% of Staff
Cryptocurrency exchange Luno is cutting 35% of its workforce, citing the "incredibly tough year" affecting the crypto market. "The Hash" panel discusses the latest fallout of...
DCG-Owned Luno Slashes 35% of Staff

Marcus Swanepoel, co-founder and CEO of Luno (Luno)
Crypto Exchange Luno Cutting 35% of Its Staff
Luno said the cuts will affect employees in all regions.
Marcus Swanepoel, co-founder and CEO of Luno (Luno)

Date Set for Oral Arguments in Grayscale’s Appeal of SEC’s Bitcoin ETF Decision; Celsius Developments
Date Set for Oral Arguments in Grayscale’s Appeal of SEC’s Bitcoin ETF Decision; Celsius Developments
Bitcoin's (BTC) January price rally has analysts focusing on higher valuations last seen in mid-2022. Separately, a date has been set to begin hearing oral arguments in Graysc...
Date Set for Oral Arguments in Grayscale’s Appeal of SEC’s Bitcoin ETF Decision; Celsius Developments

Rep. Davidson on Crypto Regulation: SEC Is 'Asleep at the Wheel'
Rep. Davidson on Crypto Regulation: SEC Is 'Asleep at the Wheel'
Rep. Warren Davidson (R-Ohio), Vice Chair of the Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion, discusses the outlook for crypto regula...
Rep. Davidson on Crypto Regulation: SEC Is 'Asleep at the Wheel'