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Tag: digital currency group

Genesis Seeks To Sell $1.4B GBTC Amid Ongoing Legal Turmoil

In a recent development, Genesis, a bankrupt digital asset lending firm, has formally petitioned a United States Bankruptcy Court for an approval to sell...

Is Grayscale Done Selling Bitcoin? Withdrawals Drop by Over Half to $200 Million – Decrypt

After moving markets with its shuffling of Bitcoin holdings, Grayscale has significantly slowed its BTC outflows down, according to blockchain analysts. In a Tuesday post...

Binance Initiates Stake Reduction in South Korean Exchange Gopax to Comply with Regulatory Norms

Binance plans to reduce its majority stake in South Korean crypto exchange Gopax to address regulatory compliance issues, following its acquisition in early 2023....

The Weekly Notable Startup Funding Report: 1/29/24

The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity...

Spot Bitcoin ETFs Drive ‘Insane’ $9.8B In Volume Over Three Days – The Defiant

The recently launched spot Bitcoin ETFs are doing big business, with 10 funds hosting close to $10B worth of volume during their first three...

Genesis forfeits BitLicense, pays $8 million to settle NYDFS lawsuit

The New York State Department of Financial Services (NYDFS) announced a settlement with Genesis Global Trading, which includes an $8 million fine and the...

Digital Currency Group Has Paid Off $1,000,000,000 in Short-Term Debt, Says CEO Barry Silbert – The Daily Hodl

Digital Currency Group (DCG) CEO Barry Silbert says the venture capital firm has settled over $1 billion in debt, including the nearly $700 million...

Fintech, Tech and Crypto Media Sector Shows Resilience with Notable Strategic Acquisitions and Funding Rounds in 2023 – Fintech Singapore

by Fintech News Singapore January 5, 2024 Over the past year, global economic and geopolitical uncertainty posed challenges for media and telecoms mergers and acquisitions (M&A)...

Leadership Reshuffle At Bitcoin Heavyweight Grayscale: Barry Silbert Steps Down As Chairman Of The Board

Advertisement &nbsp &nbsp Grayscale Investments, the digital asset manager vying for United States Securities and...

Grayscale Witnesses Board Resignations

Cryptocurrency investment firm Grayscale Investments, known for its management of the Grayscale Bitcoin Trust, has recently experienced significant board resignations.In an official 8-K filing with the United States...

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