CoinDesk – DIGIT INFO

NYSE Partners With Coindesk for Bitcoin-Tracking Financial Products

DIGIT — Wed, 29 May 2024 16:36:04 +0000

The New York Stock Exchange (NYSE) has teamed up with Coindesk Indices to develop cash-settled options contracts that track bitcoin prices. These contracts, based on the Coindesk Bitcoin Price Index (XBX), are currently in the planning stage and awaiting regulatory approval. NYSE and Coindesk Indices Forge New Path With Bitcoin Options Contracts The proposed New […]

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DCG offloads Grayscale shares to raise capital: Report

DIGIT — Wed, 08 Feb 2023 06:09:55 +0000

The purported sales are the latest measures the embattled firm has taken following moves in recent months to raise capital and preserve liquidity.

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Coindesk Up for Sale? Investors Circle Crypto News Publication Amidst Genesis Bankruptcy

DIGIT — Fri, 20 Jan 2023 18:05:15 +0000

According to various reports, investors are reportedly interested in purchasing Coindesk, a cryptocurrency news publication. On Jan. 18, Wang Feng, founder of China-based news publication Marsbit, announced his intentions to purchase Coindesk along with other members of the crypto industry. This news follows a report from Semafor at the end of November 2022 stating that […]

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CoinDesk could be up for grabs as parent company DCG scrambles for funds

DIGIT — Thu, 19 Jan 2023 05:40:47 +0000

DCG has reportedly received offers for CoinDesk exceeding $200 million in recent weeks, which at a purchase price of $500 thousand would be a 39,900% return on its initial investment.

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Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis

DIGIT — Wed, 18 Jan 2023 20:30:10 +0000

According to a shareholders’ letter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company has suspended dividends until further notice. This news follows the U.S. Securities and Exchange Commission (SEC) charging a subsidiary firm of DCG, Genesis Global Capital, with operating an “unregistered offer and sale of securities to retail […]

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Report Shows Crypto News Publication The Block Was Secretly Funded by Bankman-Fried’s Alameda

DIGIT — Fri, 09 Dec 2022 22:30:32 +0000

On Dec. 9, 2022, Axios reporter Sara Fischer reported on the CEO of the crypto media The Block after it was discovered that the chief executive was secretly funded by Alameda Research, the now-defunct trading firm co-founded by Sam Bankman-Fried. According to the report, sources say The Block executive Michael McCaffrey received $16 million in […]

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‘Why Isn’t Anyone Talking About This?’ — Twitter’s Crypto Spam Problem Increases With Legions of CZ Bots, Verified Vitalik Impersonators

DIGIT — Wed, 14 Sep 2022 19:49:42 +0000

Since Tesla’s Elon Musk attempted to purchase Twitter and tried to get information on the number of bots on the social media platform, Twitter bots have infested tens of thousands of posts day after day. In the cryptocurrency industry, bots are very prevalent and any time a popular crypto account posts, the thread is teeming […]

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Celsius Stories Littered With ‘People Familiar With the Matter’ Sources, Report Claims Lender Struggles With Arguments Over Bankruptcy

DIGIT — Tue, 28 Jun 2022 16:36:35 +0000

The embattled crypto lending platform Celsius has kept withdrawals and transfers frozen since June 12 and told the Celsius Network community that the “process will take time.” Since then, Celsius users are wondering why they are still receiving weekly rewards, and reportedly the company’s management has been arguing with its lawyers over whether or not […]

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After googling it, CFTC boss says DeFi is a ‘bad idea’ and probably illegal

DIGIT — Wed, 09 Jun 2021 03:16:53 +0000

CFTC Commissioner Dan M. Berkovitz has called for a crackdown on unregulated DeFi derivatives platforms.

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Michael Saylor says Bitcoin Mining Council required to combat ‘hostile’ narrative

DIGIT — Wed, 26 May 2021 06:00:16 +0000

Michael Saylor has provided more context on the Mining Council, and hopes to combat the anti-crypto narrative with greater Bitcoin mining transparency.

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