Search
Crypto Biz: SBF has his day in court; Barry Silbert accused of ‘stalling’ over frozen funds
6.1.2023
The founder of FTX pleaded not guilty to all criminal charges related to the collapse of crypto exchange FTX
Grayscale ETH trust nears record 60% discount as nerves continue over DCG
4.1.2023
Grayscale’s Ethereum, Litecoin and Bitcoin Cash Trusts are at steep discounts as concerns whirl around Digital Currency Group’s liquidity
Gemini’s Cameron Winklevoss Insists Digital Currency Group Needs to Resolve Liquidity Issues in Open Letter to CEO Barry Silbert
3.1.2023
Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, published an open letter to Digital Currency Group (DCG) CEO Barry Silbert on Jan. 2, 2022, stating that it had been 47 days since withdrawals from Genesis had been halted. In the letter, Winklevoss claimed that DCG owes $1.675...
Valkyrie Reveals Intention to Sponsor Grayscale’s Bitcoin Trust as GBTC Discount to NAV Widens
1.1.2023
Valkyrie Investments, a Tennessee-based asset manager, has announced its intention to become the new sponsor of Grayscale’s Bitcoin Trust (GBTC). The company states that it is “uniquely qualified” for the role and plans to facilitate redemptions at net asset value (NAV) through...
Will Grayscale be the next FTX?
3.12.2022
Grayscale is fighting the good fight on behalf of everyone in cryptocurrency
Report: Genesis Owes Gemini Customers $900 Million, Exchange Is Attempting to Recoup Assets
3.12.2022
According to a recent report from the Financial Times (FT), Genesis Global Capital allegedly owes $900 million to Gemini customers. The exchange operated by Cameron and Tyler Winklevoss is attempting to recover the funds from Genesis, according to FT’s sources. Report Claims Genesis Owes...
Report: State Securities Regulators Probe Crypto Lender Genesis
26.11.2022
State securities regulators are reportedly investigating Genesis Global Capital in a broad range probe into the “interconnectedness of crypto firms,” Barron’s reported on Friday. The report notes that the Alabama Securities Commission is looking into whether or not cryptocurrency firms have...
DCG Subsidiary Foundry to Acquire 2 ‘Turnkey’ Bitcoin Mining Facilities From Compute North
23.11.2022
Digital asset mining and staking firm Foundry has agreed to purchase two “turnkey” bitcoin mining facilities from Compute North, a bitcoin miner that filed for Chapter 11 bankruptcy protection on Sept. 22, 2022. Foundry says the two data centers have a total power capacity of around...
Genesis calls in restructuring expert in its fight to avoid bankruptcy
23.11.2022
It is understood Moelis & Company has been brought on to help the troubled lending firm explore all possible options
Ethereum Co-Founder Vitalik Buterin Downplays Ethereum PoW Fork, Hopes It ‘Doesn’t Lead to People Losing Money’
8.8.2022
Ethereum co-founder Vitalik Buterin recently discussed what he thinks about the recent Ethereum proof-of-work (PoW) fork topic that’s been finding its way into a number of conversations within the crypto community. Buterin remarked at the ETH-Seoul conference over the weekend, that...
Robinhood Lists Grayscale’s Bitcoin and Ethereum Trusts
8.5.2022
On May 6, the financial services company Robinhood announced the firm has listed Grayscale’s Bitcoin Trust (GBTC) and Ethereum Trust (ETHE). Robinhood customers can now gain access the crypto investment products in order to get exposure to bitcoin or ethereum without actually owning...
TMNT: Shredder’s Revenge Stars Original Cast, Out This Summer
20.4.2022
Today, we got a better look at TMNT: Shredder’s Revenge, an upcoming four-player side-scrolling beat-’em-up being developed by Streets of Rage 4 publisher Dotemu. This new retro-looking action game is heavily inspired by Konami’s popular TMNT arcade classics and the original 1987 animated show....
Luno Launches Venture Fund to Invest in Over 200 Crypto and Fintech Startups per Year
19.3.2022
Luno cryptocurrency exchange recently announced the launch of an investment arm, Luno Expeditions, whose objective is to invest in fintech, crypto, and Web3 startups globally. The investment arm will target digital assets and later-stage companies starting from Series A upwards. Funding Over...
Xbox Game Pass Quietly Adds Two Amazing Games
17.3.2022
Aside from a handful of hits, Xbox Game Pass has had a bit of a slow month—until yesterday. During a showcase focused on indie games, Microsoft announced two more games would hit the Game Pass library: Tunic and Paradise Killer. Better yet, they’re both already available.Read more
Xbox Game Pass Quietly Adds Two Amazing Games
17.3.2022
Aside from a handful of hits, Xbox Game Pass has had a bit of a slow month—until yesterday. During a showcase focused on indie games, Microsoft announced two more games would hit the Game Pass library: Tunic and Paradise Killer. Better yet, they’re both already available.Read more
Activision Stock Shenanigans Being Investigated By Justice Department, SEC
9.3.2022
The Wall Street Journal is reporting that three men—Fox co-founder Barry Diller, Reggie Miller-hating socialite Alexander von Furstenberg and music magnate David Geffen—are currently under two separate federal investigations over suspicions insider trading was involved in their purchase of millions...
One Of The Weirdest Resident Evil Games Is Getting An Unofficial 3D Remake
14.2.2022
Not to be outdone by its more respected siblings, the handheld Resident Evil Gaiden is being remade by a group of independent developers.Read more
Billionaire Barry Sternlicht Discusses Bitcoin Price Rising to $1 Million — Calls BTC a ‘Smart’ Hedge
8.12.2021
The chairman of Starwood Capital Group, billionaire Barry Sternlicht, has shared his view on how bitcoin could grow to be worth a million dollars a coin. He calls the cryptocurrency a “smart” hedge in a world where the government just keeps on printing money. Billionaire Barry...
ZCash surges 7% after Digital Currency Group CEO announces $85M purchase
1.12.2021
The price of ZEC surged to $243.84 following Silbert’s announcement but has still fallen more than 20% since reaching a six-month high of more than $300 on Thursday
ZEC price jumps 20% in one day as Zcash devs unveil transition to Proof-of-Stake
20.11.2021
The massive upside move comes as a part of a rebound that started Friday after Electric Coin Company discussed the prospects of moving Zcash to proof-of-stake