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Tokenization Advocacy Group Wants to Bring the 'Next Trillion' of Assets to Blockchain

7.9.2023
Founding members such as Coinbase, Circle and Aave Companies aim to foster the use of blockchain technology for traditional assets

Genesis Global Capital files a lawsuit against Digital Currency Group

7.9.2023
Genesis Global Capital has filed a lawsuit against Digital Capital Group for defaulting on exorbitantly large amounts of loans. Genesis Global Capital has not received the agreed-upon funds back as of May 2023, per the terms and conditions stipulated by the two corporations. Genesis has hired...

Genesis Sues Parent Firm DCG Over $600 Million Loan Repayment

7.9.2023
Genesis Global Capital (GGC), a subsidiary of Digital Currency Group (DCG) based in New York, has initiated two lawsuits against DCG and its international arm, DCGI, aiming to secure the repayment of loans totaling $600 million. Genesis, which declared bankruptcy in January this year following...

Genesis sues parent company DCG, other affiliate for $600M in overdue loans

6.9.2023
DCG borrowed $500,000 from its subsidiary last year and DCG Investments borrowed over 18,000 BTC and both have allegedly defaulted

Tornado Cash Co-Founder Pleads Innocence Amidst Money Laundering and Hacking Scandal

6.9.2023
On the 6th of September, 2023, the Inner City Press (ICP) delivered an account of the legal proceedings involving Roman Storm, one of the co-creators behind the ethereum (ETH) mixing protocol, Tornado Cash. In the courtroom drama that unfolded, Storm resolutely declared his innocence by pleading...

Genesis Global Capital Files for Over $600M in Unpaid DCG Loans: Court Docs

6.9.2023
Genesis Global Capital, a subsidiary of Digital Currency Group, filed in court for DCG to repay outstanding loans in excess of $600 million on Wednesday

Japan’s SBI Group and Ripple Join to Provide International Remittance Services in Three Countries

6.9.2023
SBI Remit, a subsidiary of Japanese financial conglomerate SBI Group, has partnered with SBI Ripple Asia to introduce Ripple’s XRP-enabled international remittance solution to bank accounts in the Philippines, Vietnam and Indonesia. The company’s expansion to Southeast Asian markets aims...

BCW Group takes over hashgraph.name domain service

6.9.2023
The BCW Group has taken over the hashgraph.name domain service and will initiate total business and technical functions related to the platform. BCW is a venture studio and business solution company. Its expertise lies in creating the central framework and decentralized services throughout Web3....

US-based Genesis Global Trading will eliminate its crypto spot trading service

5.9.2023
The company, an affiliate of Barry Silbert’s Digital Currency Group, has been providing crypto spot trading since 2013. Its closure is “for business reasons.”

LSE Group begins exploring blockchain for traditional financial assets

4.9.2023
The LSE Group, which stands for London Stock Exchange Group, has said that it is venturing out to explore the possible use cases of blockchain technology for traditional financial assets. Blockchain technology is known to support crypto assets like BTC and ETH. However, the Group is in talks...

Report: London Stock Exchange Group Mulls Blockchain-Based Trading for Traditional Financial Assets

4.9.2023
The London Stock Exchange Group (LSEG) is exploring the potential for using blockchain to offer extensive trading of traditional financial assets, a company executive told the Financial Times on Monday. Per Murray Roos, head of capital markets at the LSEG, the company has reached an “inflection...

LSE Group Plans to Offer Blockchain-Powered Market for Traditional Assets: Report

4.9.2023
LSE is considering using a separate entity for the blockchain-based markets business, according to the Financial Times

Top BRICS Diplomats Approached Indonesia With Proposal to Join, Foreign Minister Says

2.9.2023
The foreign ministers of the BRICS states have reached out to invite Indonesia to become a member of the group, their Indonesian counterpart unveiled. The government in Jakarta is still weighing the benefits of joining the organization and is yet to decide whether to apply formally. BRICS Nations...

HashKey's New $100M Fund to Focus on Altcoins, With Less Than 50% Allocation for BTC and ETH

1.9.2023
HashKey Capital, the investment arm of Hong Kong-based crypto giant HashKey Group, has allocated a significant portion of its newly launched to major altcoins. The fund aims to invest less than 50% of its allocation in Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies, Jupiter...

Bethesda Exec Writes Fake Doctor’s Note To Excuse Starfield Players From Work

31.8.2023
Bethesda’s head of publishing Pete Hines posted a boilerplate excuse note on Twitter for any Starfield fan who, ahead of the game’s official release on September 6, is rapidly starting to feel a little bit…feverish. Read more

Embracer Shuts Down Saints Row Studio Volition After 30 Years

31.8.2023
Volition, the studio behind Red Faction, Saints Row, and countless other games, is closing its doors after 30 years. The decision was made by parent company Embracer after the sprawling conglomerate announced cuts earlier this year following the loss of $2 billion in funding that was reportedly...

Prada Group Uses Blockchain Technology to Verify Authenticity of Products

30.8.2023
Prada Group, the parent company of Miu Miu, has embraced high-tech solutions like blockchain technology to combat counterfeit products. The company, in cooperation with the Aura Blockchain Consortium, has launched blockchain services that allow customers to verify the authenticity of their...