Genesis to Shutter Crypto Trading Desk for U.S. Market
++The subsidiary had escaped parent company Genesis Global’s lending-induced bankruptcy. Genesis’ U.S.-focused spot crypto trading business will shut down later this month, according to an…
Tag: DCG
Crypto Lender Genesis Owes Creditors Over $3B: FT
Digital Currency Group, Genesis’ parent company, is reportedly looking to sell some of its venture-capital portfolio, worth around $500 million. Troubled crypto lender Genesis owes…
First Mover Asia: Bitcoin Celebrates the New Year With Old Pricing, Holds Steady at $16.7K
ALSO: CoinDesk’s Sam Reynolds explains why crypto exchange token prices continue to respond to news events and not what the SEC and other regulators might…
IS AN AMAZON CRYPTO EXCHANGE HAPPENING IN 2019?
Currently, cryptocurrencies have a combined market cap that skyrocketed from $17.7 billion in January to over $186 billion in November. This shows the difference in adoption between both years…
Barry Silbert: Bitcoin Cash Fork Is a Distraction, Confusing for New Investors
Barry Silbert, founder of Digital Currency Group, has weighed in on the current state of the cryptocurrency industry. Amongst other topics, the early Bitcoin investor…
Prominent VC: Investors Remain Committed to Cryptocurrency Despite Bear Cycle
Barry Silbert, the founder and CEO of Digital Currency Group (DCG), the largest venture capital firm focused on the cryptocurrency market, has said that investors…