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Digital Currency Group – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Fri, 17 Jan 2025 20:47:35 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Digital Currency Group – DIGIT INFO https://www.digit.info 32 32 SEC charges Digital Currency Group for misleading investors https://www.digit.info/sec-charges-digital-currency-group-for-misleading-investors/ Fri, 17 Jan 2025 20:47:35 +0000 https://www.digit.info/sec-charges-digital-currency-group-for-misleading-investors/

“DCG and Moro painted a misleadingly rosy picture,” the acting director of the SEC’s enforcement division, Sanjay Wadhwa, wrote.

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Hedge Funds and Brokerages Dominate Bitcoin Assets, Coinshares 13F Filing Analysis Shows https://www.digit.info/hedge-funds-and-brokerages-dominate-bitcoin-assets-coinshares-13f-filing-analysis-shows/ Fri, 16 Aug 2024 20:30:09 +0000 https://www.digit.info/hedge-funds-and-brokerages-dominate-bitcoin-assets-coinshares-13f-filing-analysis-shows/ Read more]]> Hedge Funds and Brokerages Dominate Bitcoin Assets, Coinshares 13F Filing Analysis ShowsA recent analysis from Coinshares, spearheaded by its lead research analyst, James Butterfill, brings to light the evolving landscape of bitcoin investments among institutional investors. This report, derived from 13F filings submitted to the U.S. Securities and Exchange Commission (SEC), offers a glimpse into the strategies of key players in the bitcoin market, underscoring the […]

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Bankrupt crypto firm Genesis completes restructuring https://www.digit.info/bankrupt-crypto-firm-genesis-completes-restructuring/ Fri, 02 Aug 2024 20:03:58 +0000 https://www.digit.info/bankrupt-crypto-firm-genesis-completes-restructuring/

In a January open letter, Gemini co-founder Cameron Winklevoss accused entities related to Genesis of inflating their assets.

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Genesis Trading-labelled address moves $720M BTC to Coinbase, pointing to the start of asset liquidations https://www.digit.info/genesis-trading-labelled-address-moves-720m-btc-to-coinbase-pointing-to-the-start-of-asset-liquidations/ Fri, 12 Jul 2024 12:42:36 +0000 https://www.digit.info/genesis-trading-labelled-address-moves-720m-btc-to-coinbase-pointing-to-the-start-of-asset-liquidations/

Genesis Trading transferred over 12,600 Bitcoin to Coinbase over the past 30 days, two months after reaching a settlement with the state of New York.

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Grayscale CEO Michael Sonnenshein steps down https://www.digit.info/grayscale-ceo-michael-sonnenshein-steps-down/ Mon, 20 May 2024 13:23:25 +0000 https://www.digit.info/2024/05/20/grayscale-ceo-michael-sonnenshein-steps-down/

The CEO will be replaced by Goldman Sachs executive Peter Mintzberg effective Aug. 15.

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Genesis Global secures court approval for $3B payout https://www.digit.info/genesis-global-secures-court-approval-for-3b-payout/ Sat, 18 May 2024 07:43:06 +0000 https://www.digit.info/2024/05/18/genesis-global-secures-court-approval-for-3b-payout/

According to Judge Lane, any available funds for distribution by Genesis are being exhausted by creditor claims, which take priority over DCG’s equity stake.

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Digital Currency Group revenue jumps 51% in 1Q24 despite GBTC outflows https://www.digit.info/digital-currency-group-revenue-jumps-51-in-1q24-despite-gbtc-outflows/ Thu, 09 May 2024 19:20:00 +0000 https://www.digit.info/2024/05/09/digital-currency-group-revenue-jumps-51-in-1q24-despite-gbtc-outflows/

Revenue at Digital Currency Group (DCG) increased 51% to $229 million in the first quarter of 2024, driven by the rebound in crypto markets.

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Swing State Voters Highlight Cryptocurrency as a Key Issue for 2024 Elections, Survey Finds https://www.digit.info/swing-state-voters-highlight-cryptocurrency-as-a-key-issue-for-2024-elections-survey-finds/ Thu, 09 May 2024 18:24:47 +0000 https://www.digit.info/2024/05/09/swing-state-voters-highlight-cryptocurrency-as-a-key-issue-for-2024-elections-survey-finds/ Read more]]> Swing State Voters Highlight Cryptocurrency as a Key Issue for 2024 Elections, Survey FindsA recent survey conducted by The Harris Poll and commissioned by Digital Currency Group (DCG) reveals that cryptocurrency is emerging as a critical issue among voters in key swing states. Over 20% of respondents from states like Michigan, Ohio, and Pennsylvania demand more discourse on digital assets from political candidates ahead of the 2024 elections. […]

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Financial system ‘outdated’ but crypto is no fix either: US swing voters https://www.digit.info/financial-system-outdated-but-crypto-is-no-fix-either-us-swing-voters/ Wed, 08 May 2024 05:12:43 +0000 https://www.digit.info/2024/05/08/financial-system-outdated-but-crypto-is-no-fix-either-us-swing-voters/

In a survey by the Digital Currency Group, 70% of swing state voters agreed the current financial system is “outdated” and in need of an overhaul, but most didn’t think crypto was the answer either.

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Report: DCG, Barry Silbert Seek Dismissal of NYAG Lawsuit, Citing ‘Baseless Innuendo’ and Integrity in Operations https://www.digit.info/report-dcg-barry-silbert-seek-dismissal-of-nyag-lawsuit-citing-baseless-innuendo-and-integrity-in-operations/ Wed, 06 Mar 2024 19:00:33 +0000 https://www.digit.info/2024/03/06/report-dcg-barry-silbert-seek-dismissal-of-nyag-lawsuit-citing-baseless-innuendo-and-integrity-in-operations/ Read more]]> Report: DCG, Barry Silbert Seek Dismissal of NYAG Lawsuit, Citing 'Baseless Innuendo' and Integrity in OperationsDigital Currency Group (DCG) has submitted a request to the court to drop the legal action taken against it by New York Attorney General Letitia James. DCG argues that it’s “wrongfully” depicted and maintains that the lawsuit is nothing but a “thin web of baseless innuendo.” DCG Challenges NYAG’s Legal Action Last year, the New […]

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