Bitvavo Rejects DCG’s 70% Debt Repayment Offer
The cryptocurrency exchange Bitvavo, which is a significant creditor of the financially challenged cryptocurrency startup Digital Currency Group (DCG), has rejected DCG's proposal of partial debt recovery. On January 11,…
Genesis hires a bankruptcy avoidance specialist
Recent reports say that Genesis Global Capital has hired a restructuring counsel to look into all of the possible outcomes, including but not limited to the possibility of filing for…
Grayscale withholds on-chain reserve evidence for security reasons
Grayscale Investments, a company that sells cryptocurrency investment products, has declined to provide on-chain proof of reserves or wallet addresses in order to demonstrate the digital currency products' underlying assets,…
Big Time Studios Aims To Bring NFTs To The Masses, Set To Raise $21 Million In Funding
The Los Angeles-based company Big Time Studios has announced the company is set to raise $21 million in two funding rounds backed by a number of investors. The company’s founder…
Marlton Applauds Decision To Increase Digital Currency Group’s Authorized Purchase Of GBTC Shares For $750 Million
Investment management firm, Marlton, has applauded the recent decision to authorize the purchase by Digital Currency Group (DCG) of up to a total of $750 million worth of shares of…
Bitfarms Partners With Foundry, Joins US Mining Pool, Fleet Expands By 2,465 Bitcoin Miners
On April 23, the publicly listed mining operation Bitfarms revealed a partnership with the Digital Currency Group (DCG) subsidiary Foundry Digital LLC. Bitfarms will be joining Foundry’s American mining pool…
Grayscale Reveals Intentions To Convert The Firm’s Bitcoin Trust Into An ETF
On Monday, the digital currency asset manager Grayscale Investments announced intentions to file for a bitcoin exchange-traded fund (ETF) when permissible. The subsidiary of Digital Currency Group (DCG) says in…