Partner with us

News Explorer — What's Happening With Digital Currency Group?

Generated by AI, curated by humans

Oct 20, 6:31 pm

Decrypt

What's Happening With Digital Currency Group?

Digital Currency Group (DCG), a major player in the crypto industry, has faced numerous challenges in recent years. Its subsidiary Genesis Global went bankrupt, and it was hit with a $1.1 billion lawsuit by the New York Attorney General's office. Despite these setbacks, DCG has made significant investments and acquisitions, including Grayscale and CoinDesk, and has been involved in efforts to convert its flagship fund, Grayscale Bitcoin Trust, into an exchange-traded fund (ETF).

Digital Currency Group (DCG), a major player in the crypto industry, has faced numerous challenges in recent years. Its subsidiary Genesis Global went bankrupt, and it was hit with a $1.1 billion lawsuit by the New York Attorney General's office. Despite these setbacks, DCG has made significant investments and acquisitions, including Grayscale and CoinDesk, and has been involved in efforts to convert its flagship fund, Grayscale Bitcoin Trust, into an exchange-traded fund (ETF).

Latest

Jul 4, 6:33 pm

Decrypt

Hacker Steal $140M From Brazilian Banks, Launder $40M Using Bitcoin, Ethereum and Tether

Approximately R$800 million ($140 million) was stolen from Brazilian banks in the largest digital heist in the country's... Read Summary

Jul 4, 5:46 pm

Decrypt

Swedish Minister of Justice Pushes for Enhanced Seizure of Criminal Crypto Profits

The Swedish Minister of Justice has urged enforcement agencies to step up efforts in seizing criminal profits, including... Read Summary

Jul 4, 4:46 pm

Decrypt

Ondo Finance Acquires Oasis Pro to Provide US Investors With Access to Tokenized Stocks

Ondo Finance has acquired Oasis Pro, an SEC-regulated digital assets infrastructure provider, to offer U.S. investors ac... Read Summary

Jul 4, 4:12 pm

Decrypt

One of the Biggest Bitcoin Whales in History Just Moved $8 Billion After 14 Years

An entity holding 80,000 BTC since 2011 began transferring the $8.6 billion worth of Bitcoin to new addresses in batches... Read Summary

Jul 4, 10:07 am

Coindesk

Bitcoin Whales Move BTC Worth $2B After 14 Years

Two Bitcoin wallets moved 20,000 BTC, valued at over $2 billion, to new addresses, originally received in 2011. With BTC... Read Summary

Jul 4, 9:55 am

Decrypt

Bitcoin ETF Inflows Top $600M For First Time Since May

Bitcoin exchange-traded funds saw significant inflows of $601.8 million on Thursday, the strongest in over a month, driv... Read Summary

Jul 4, 9:03 am

DL News

FTX Estate Unable to Pay Out $500M to Customers in Restricted Jurisdictions

The FTX Recovery Trust is facing obstacles in paying out some $500 million to customers due to laws restricting or prohi... Read Summary

Jul 4, 3:41 am

Decrypt

Detroit Sues Crypto Real Estate Firm for Allegedly Endangering Tenants in Poorly Maintained Properties

RealToken LLC and its co-founders face a lawsuit from Detroit for allegedly neglecting health and safety standards in 40... Read Summary

Jul 4, 2:01 am

Decrypt

Minna Bank in Japan Teams Up With Fireblocks to Study Stablecoins For Everyday Payments

Minna Bank, a digital-only bank in Japan, is collaborating with Fireblocks, Solana Japan, and TIS to explore the use of... Read Summary

Jul 4, 12:59 am

Decrypt

House GOP to Push for Clearer Regulations During This Month's Freshly Announced 'Crypto Week'

House Republicans plan to advance three industry-specific bills during “Crypto Week” to establish a clear regulatory fra... Read Summary

Jul 3, 10:31 pm

Decrypt

Open Platform Gets $28M in Funding to Push for Mainstream Crypto Adoption

The Open Platform has raised $28.5 million in its Series A funding round, becoming the first crypto unicorn in the Teleg... Read Summary

Jul 3, 9:47 pm

Decrypt

Bitcoin Gearing Up for Record Push? Here's What the Charts Say

Bitcoin and Ethereum have seen slight gains, with most top assets remaining flat as traders analyze macro news. Traditio... Read Summary

Jul 3, 9:12 pm

Decrypt

'Unexpected': Grayscale Reacts to SEC Pause on Solana, XRP and Cardano ETF Conversion

Grayscale expressed surprise at the SEC's decision to halt its Digital Large Cap Fund, citing the evolving regulatory la... Read Summary

Jul 3, 8:54 pm

Coindesk

Ondo Finance, Pantera Look to Back Real-World Asset Projects With $250M Fund

Ondo Finance's initiative, Ondo Catalyst, focuses on investing in projects that advance tokenized finance and on-chain c... Read Summary

Jul 3, 7:01 pm

Decrypt

Why Bitcoin Could Dive to $90K After Trump's 'Big Beautiful Bill' Passes: Arthur Hayes

Bitcoin, currently near an all-time high, may test $90,000 again this year due to President Trump's upcoming bill. Arthu... Read Summary