Genesis

DCG Trying To Offload Its Venture-capital Portfolio Worth $500 Million

Key Points: Genesis' parent company, Digital Currency Group, is considering asset sales to settle its over $3 billion debt to…

1 year ago

Gemini Has Ended Its Earn Program And Asks Genesis To Refund All Locked Assets

Key Points: Gemini has ended its Earn Program after nearly two years of operation. The war broke out when DCG…

1 year ago

Barry Silbert Wrote A Heart Letter After Being Asked To Resign

Key Points: Barry Silbert wrote a letter to shareholders to share the current situation of DCG and Genesis. The action…

1 year ago

Coinbase To Cut 950 Jobs In A Fresh Round Of Layoffs

Key Points: Another round of layoffs by Coinbase, affecting 950 workers, resulted in a 25% reduction in operating costs. In…

1 year ago

DCG Has Shut Down A $3.5 Billion Asset Management

Key Points: DCG has shut down its asset management division called HQ. The long crypto winter is arguably the most…

1 year ago

DCG And Genesis Knew That Alameda Would Be Insolvent In Late May 2022

Key Points: According to sources cited by cryptocurrency Twitter commenter Andrew, DCG and Genesis were aware that FTX and Alameda…

1 year ago

DCG Under Investigations Internal Money Transfer By US And SEC

Key Points: DCG is facing investigation by the SEC and RED over internally transferred funds to its subsidiaries. The financial…

1 year ago

Two 3AC Founders Receive Court Subpoenas For Missing

Key Points: Two 3AC founders received a subpoena for their unknown whereabouts. The Singapore court ordered Zhu Su and Kyle…

1 year ago

Genesis Now Continues To Lay Off 30% Of Employees

Key Points: It is claimed that about 60 positions (30% of the staff) had been cut. Currently, the business employs…

1 year ago

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