News

Digital Currency Group’s Team Mysteriously Disappear From Its Website

It seems that the introduction of the Digital Currency Group (DCG) dev team was removed over 2 months ago.

According to Wu Blockchain sources, the community responded that Digital Currency Group seems to have removed its group intro page recently, but according to the WayBack Machine, the group’s intro page was removed in September.

The snapshot shows that the last time it could be opened was on August 31; the DCG team consists of 28 members, including directors and consultants.

The DCG’s team is displayed on the website before August 31

There is currently no new team introduction page on the official DCG website.

Genesis, a Digital Currency Group-owned lending company, suspended buybacks and initiated new loans on Wednesday, with massive losses on 3AC, Babel, FTX, and other loans.

Although Grayscale, which is also a subsidiary of DCG, has stated that it will not be affected by Genesis, there are still some voices concerned about the safety and reliability of the underlying GBTC and its product.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

Coincu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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