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Controversy Arises as Genesis Creditors Challenge DCG’s Claim of Full Debt Repayment
10.1.2024
Genesis Global Source: AdobeStock / Timon Digital Currency Group (DCG) is facing allegations from an ad hoc group of lenders, claiming that DCG has not fulfilled its repayment requirements to its bankrupt subsidiary, Genesis Global. Despite DCG’s recent announcement on X that it had fully...
Rad: A New Handheld Sega Genesis Is On The Way
9.1.2024
Like measuring temperature on the deranged scale of Fahrenheit, the United States is nearly alone in the world in calling Sega’s classic gaming console the “Genesis.” The 1989 SNES rival was actually called the Mega Drive, and it’s time to get on board with that name, as a new announcement from...
Mysterious $1.2M Bitcoin Transaction to Satoshi Nakamoto Sparks Speculations
8.1.2024
The wallet receiving the hefty payout is the address that mined the Bitcoin network's first-ever block reward some 15 years ago, commencing the start of the blockchain
Digital Currency Group has Settled Over $1 Billion in Debt, Including $700 Million Owed to Bankrupt Genesis
8.1.2024
Source: Digital Currency Group Digital Currency Group (DCG) has successfully settled over $1 billion in debt, including the substantial amount of nearly $700 million owed to its bankrupt subsidiary, Genesis. The announcement came from DCG CEO Barry Silbert, who took to the social media platform...
Bitcoin’s First Wallet Comes Alive: A Sudden $1.17 Million Transaction Unfolds
7.1.2024
Image Source: Adobe An unidentified Bitcoin (BTC) user has sent 26.9 BTC, equivalent to $1.17 million, to the genesis wallet, the first-ever wallet created on the Bitcoin network by Satoshi Nakamoto. The transaction took place on January 5 at 1:52 am Eastern Time and attracted attention due to...
Mysterious Million-Dollar Bitcoin Transfer Sparks Wave of ‘Dust’ to Satoshi’s Genesis Wallet
7.1.2024
After the enigmatic transaction on Jan. 5, 2024, in which an unidentified bitcoin wallet transferred 26.917 bitcoin worth $1.19 million to Satoshi Nakamoto’s Genesis wallet, there has been a surge of about 34 dust transfers to the same address in the past 24 hours. A Slew of Micro...
Mystery Transfer — Unidentified Wallet Sends $1.19 Million in Bitcoin to Satoshi Nakamoto’s Genesis Address
6.1.2024
Two days after Bitcoin’s 15th anniversary, an unidentified wallet transferred roughly 26.917 bitcoin, valued at $1.19 million, into Satoshi Nakamoto’s Genesis wallet. Originating on Jan. 3, 2009, this wallet has primarily accumulated nominal dust transactions. Including the hard-coded...
The Genesis Block: The First Bitcoin Block
3.1.2024
Satoshi Nakamoto mined the Genesis Block on Jan. 3, 2009. That was three months after the pseudonymous inventor published the Bitcoin white paper in an online cryptography forum. People now call Jan. 3 “Genesis Block Day.”
DCG Can't Sell or Reduce Ownership of Genesis Until Bankruptcy Proceedings Close, Judge Rules
19.12.2023
Genesis requested a New York bankruptcy court to bar ownership changes to secure tax benefits on around $700 million worth of operating losses
Crypto Hybrid Exchange Ankex, Led by former Genesis CEO, Shuts Down
15.12.2023
Ankex, Qredo’s cryptocurrency exchange spearheaded by former Genesis Trading CEO, Michael Moro, has shut down operations. “Ankex development has been paused” The formerly up-and-coming Ankex was launched last year and was set to combine both centralized and decentralized features. Moro...
Analogue Duo: The Kotaku Review
11.12.2023
You know Analogue: The company that makes those premium-priced retro consoles that sell out in three minutes, at which point Analogue tweets “Sold out.” as if you needed reminding that its damn website crashed while you were struggling to complete your purchase. But while Analogue can...
DogeWalk completes the final Genesis NFT mint with success!
4.12.2023
On November 28, 2023, DogeWalk concluded its final Genesis NFT mint. This results in minting the entire Genesis NFT series, which comprises 2,500 unique pieces. The final lot was purchased in the span of a single day. Before delivering their third Genesis NFT, DogeWalk performed a substantial...
Just Make An Overwatch Animated Series Already
1.12.2023
The Overwatch series has fumbled the bag a few times since its 2016 debut, but one of the most confounding things developer Blizzard has done is not lean into its storytelling prowess. Overwatch’s animated shorts have consistently provided heartwarming, often poignant stories that weave together...
Dreamcast, Virtual Boy, And More Hardware That Was Ahead Of Its Time
1.12.2023
This story is part of our new Future of Gaming series, a three-site look at gaming’s most pioneering technologies, players, and makers.Read more
Genesis Reaches Settlement With Parent Company DCG in $620M Lawsuit
29.11.2023
Source: AdobeStock / Timon The beleaguered crypto lender Genesis and its parent company, Digital Currency Group (DCG), have reached a settlement that could end the protracted lawsuit aimed at recovering $620 million in repayments from DCG. DCG Commits to Settling $324.5M in Loans by April According...
Genesis-DCG Propose to Settle Lawsuit: Bankruptcy Filing
29.11.2023
The deal would see DCG repay $275 million it owes to Genesis by April
Genesis strikes repayment deal with parent firm DCG to end $620M lawsuit
29.11.2023
Digital Currency Group has over $320 million left to repay, according to Genesis, and the deal would see that remaining sum repaid by April next year
Solana’s genesis story — Anatoly Yakovenko's vision for a high-performance blockchain
23.11.2023
Solana co-founder Anatoly Yakovenko recounts the “eureka moment” that birthed the blueprint for the layer one smart contract protocol aimed to be “hyper-optimized” and “fast as possible”
Genesis Alleges Multi-Million Dollar Preferential Transfers by Gemini Amidst Crypto Turmoil
22.11.2023
In a recent legal move, Digital Currency Group’s (DCG) subsidiary Genesis Global Capital LLC has filed a complaint against the crypto exchange platform and custodian Gemini. Genesis hopes to claw back $689 million from the centralized crypto trading platform founded by Cameron and Tyler Winklevoss...
Genesis Files Lawsuit Against Former Business Partner Gemini Trust, Seeking to Recover $689 Million
22.11.2023
Source: AdobeStock / Timon Crypto lender Genesis Global Capital has taken legal action against cryptocurrency exchange Gemini Trust in an attempt to reclaim over $689 million. The lawsuit was filed in the US Bankruptcy Court for the Southern District of New York on Tuesday, alleging that Gemini...