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3232Gemini’s Cameron Winklevoss Insists Digital Currency Group Needs to Resolve Liquidity Issues in Open Letter to CEO Barry Silbert
https://www.digit.info/geminis-cameron-winklevoss-insists-digital-currency-group-needs-to-resolve-liquidity-issues-in-open-letter-to-ceo-barry-silbert/
Tue, 03 Jan 2023 15:30:10 +0000https://www.digit.info/2023/01/03/geminis-cameron-winklevoss-insists-digital-currency-group-needs-to-resolve-liquidity-issues-in-open-letter-to-ceo-barry-silbert/Read more]]>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 billion to Genesis. Silbert, however, responded on social […]
]]>Report: Genesis Owes Gemini Customers $900 Million, Exchange Is Attempting to Recoup Assets
https://www.digit.info/report-genesis-owes-gemini-customers-900-million-exchange-is-attempting-to-recoup-assets/
Sat, 03 Dec 2022 16:30:20 +0000https://www.digit.info/2022/12/03/report-genesis-owes-gemini-customers-900-million-exchange-is-attempting-to-recoup-assets/Read more]]>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 the Winklevoss-Operated Exchange Gemini $900 Million FT reports that the centralized […]
]]>Report: State Securities Regulators Probe Crypto Lender Genesis
https://www.digit.info/report-state-securities-regulators-probe-crypto-lender-genesis/
Sat, 26 Nov 2022 19:00:46 +0000https://www.digit.info/2022/11/26/report-state-securities-regulators-probe-crypto-lender-genesis/Read more]]>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 violated securities laws without filing the proper registrations. Report Says Financial Regulators Are Investigating […]
]]>DCG Subsidiary Foundry to Acquire 2 ‘Turnkey’ Bitcoin Mining Facilities From Compute North
https://www.digit.info/dcg-subsidiary-foundry-to-acquire-2-turnkey-bitcoin-mining-facilities-from-compute-north/
Wed, 23 Nov 2022 08:00:13 +0000https://www.digit.info/2022/11/23/dcg-subsidiary-foundry-to-acquire-2-turnkey-bitcoin-mining-facilities-from-compute-north/Read more]]>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 17 megawatts (MW), and the company also has the […]
]]>Ethereum Co-Founder Vitalik Buterin Downplays Ethereum PoW Fork, Hopes It ‘Doesn’t Lead to People Losing Money’
https://www.digit.info/ethereum-co-founder-vitalik-buterin-downplays-ethereum-pow-fork-hopes-it-doesnt-lead-to-people-losing-money/
Mon, 08 Aug 2022 20:30:25 +0000https://www.digit.info/2022/08/08/ethereum-co-founder-vitalik-buterin-downplays-ethereum-pow-fork-hopes-it-doesnt-lead-to-people-losing-money/Read more]]>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 he believes the people introducing the forked token concept are basically a “couple of […]