Crypto Firm DCG to Close Institutional Trading Platform TradeBlock

Digital Currency Group is closing down its institutional trading platform subsidiary at the end of the month, following an unsuccessful effort to sell the business, according to people familiar with the matter. In recent months, DCG had tried to sell the platform for a few million dollars, some of the people said. "Due to the state of the broader economy and prolonged crypto winter, along with the challenging regulatory environment for digital assets in the U.S., we made the decision to sunset

• 2023-05-26
• DCG unsuccessful effort Digital Currency Group

Genesis, DCG, Gemini reach bankruptcy agreement

Genesis, Gemini, and crypto giant DCG have reached an agreement to settle outstanding issues raised as part of Genesis' bankruptcy filing earlier this month.

• 2023-02-07
• DCG Cameron Winklevoss Digital Currency Group Sean O'Neal term sheet promissory note repayment plan sister company

Crypto Lender Genesis Is On The Chopping Block As Contagion Continues

Genesis needs a $1 billion liquidity injection by Monday and Gemini sees significant bitcoin outflows as fears of insolvency spread throughout the industry.

• 2022-11-20
• Dcg Genesis Gemini