Digital Currency Group

Gemini Says Genesis Parent Company DCG Missed $630 Million Payment
Gemini Says Genesis Parent Company DCG Missed $630 Million Payment
Gemini said in an update on its website that Digital Currency Group (DCG) missed a $630 million payment owed to Genesis last week. Gemini says it is working with Genesis, DCG,...
Gemini Says Genesis Parent Company DCG Missed $630 Million Payment

GENESIS Logo Photomosh (Genesis Trading, Modified by CoinDesk)
Gemini Says Genesis Parent DCG Missed $630 Million Payment
Gemini says it is working with Genesis, DCG, and creditors to provide forbearance to DCG in order to avoid a default.
GENESIS Logo Photomosh (Genesis Trading, Modified by CoinDesk)

Filecoin Price Rebounds After SEC Asks Grayscale to Withdraw Application to Make Trust Reporting
Filecoin Price Rebounds After SEC Asks Grayscale to Withdraw Application to Make Trust Reporting
The U.S. Securities and Exchange Commission (SEC) asked Grayscale to withdraw its application to make its Filecoin (FIL) Trust product more like a public company, the asset ma...
Filecoin Price Rebounds After SEC Asks Grayscale to Withdraw Application to Make Trust Reporting

Private, but innocent. (Getty)
Privacy Project Railgun DAO Adopts Chainway’s ‘Proof of Innocence’ Tool
Railgun DAO’s new functionality – initially developed by the developer Chainway for use on Tornado Cash – could allow users to mathematically demonstrate that coins involved i...
Private, but innocent. (Getty)

DCG's CFO Resigns as Crypto Conglomerate Repays $350M Loan
DCG's CFO Resigns as Crypto Conglomerate Repays $350M Loan
Crypto conglomerate Digital Currency Group (DCG) said Chief Financial Officer Michael Kraines stepped down in April and revealed that it fully repaid a $350 million senior sec...
DCG's CFO Resigns as Crypto Conglomerate Repays $350M Loan

(Genesis Trading, Modified by CoinDesk)
Genesis Bankruptcy Parties Agree to 30-Day Mediation Period
The process can start once the parties agree on a mediator and submit an order to the U.S. bankruptcy court.
(Genesis Trading, Modified by CoinDesk)

Grayscale CEO on U.S. Crypto Regulation Outlook: Not a 'One-Size Fits All Answer'
Grayscale CEO on U.S. Crypto Regulation Outlook: Not a 'One-Size Fits All Answer'
Grayscale Investments CEO Michael Sonnenshein joins "First Mover" live from CoinDesk's Consensus 2023 in Austin, Texas to discuss his outlook for the SEC's crypto regulatory o...
Grayscale CEO on U.S. Crypto Regulation Outlook: Not a 'One-Size Fits All Answer'

Grayscale Investments CEO on Crypto Regulation, GBTC
Grayscale Investments CEO on Crypto Regulation, GBTC
Grayscale Investments CEO Michael Sonnenshein joins "First Mover" live from CoinDesk's Consensus 2023 in Austin, Texas, to discuss the state of the crypto markets, the SEC's a...
Grayscale Investments CEO on Crypto Regulation, GBTC

Luno will no longer serve customers in Singapore. (Shutterstock)
Crypto Exchange Luno to Withdraw From Singapore
The firm will stop serving customers in the city state on June 20.
Luno will no longer serve customers in Singapore. (Shutterstock)

Marcus Swanepoel, Luno co-founder and CEO, is becoming executive chairman. (provided)
Crypto Exchange Luno Rejiggers Leadership Roles as It Seeks to Boost Investor Base, Eyes Public Listing
CEO Marcus Swanepoel is moving into a new role as executive chairman, and COO James Lanigan has been promoted to CEO.
Marcus Swanepoel, Luno co-founder and CEO, is becoming executive chairman. (provided)