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Grayscale: Decision In Bitcoin Spot ETF Lawsuit Vs. SEC Not Before Fall 2023
The fate of Genesis Trading, Digital Currency Group (DCG) and the Grayscale Bitcoin Trust (GBTC) continues to hang by a thread after Cameron Winklevoss took another step in the escalation over Gemini Earn customer funds with a new open letter on Tuesday. дальше »
2023-1-12 13:40 | |
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Four US lawmakers ask court to appoint independent examiner for FTX
Four US Senators urged the court to appoint an independent examiner to look into the activities of bankrupt crypto exchange FTX in a January 9 bipartisan letter. The post Four US lawmakers ask court to appoint independent examiner for FTX appeared first on CryptoSlate. дальше »
2023-1-12 19:32 | |
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Blockchain Group Urges New US Congress Members to Defend Crypto Privacy
A blockchain group of more than 30 members shared an open letter directed to the upcoming new members of the U. S. Congress. The letter advocated for regulations that protect privacy and support privacy-focused cryptocurrencies. дальше »
2023-1-11 14:00 | |
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DCG CEO Silbert addresses $1.1b note in his letter to investors
As the pressure continues to rise on Digital Currency Group (DCG), the US-based company’s CEO, Barry Silbert, says in a letter that DCG may not need to pay the $1.1 billion promissory note. According to the letter, the massive amount… дальше »
2023-1-11 11:41 | |
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Genesis CEO asks for more time to resolve crisis
In a letter to clients, Derar Islim, the interim CEO of Genesis Global Trading, said it would take the company time to resolve its complex financial problems. дальше »
2023-1-5 23:14 | |
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Gemini Accuses DCG of Being Behind Genesis’ Woes
Gemini’s co-founder Cameron Winklevoss wrote an open letter Tuesday accusing Barry Silbert, CEO of DCG, the parent company of Genesis trading, of causing the latter’s collapse. Genesis Global Trading temporarily suspended withdrawals in November due to liquidity issues resulting from the demise of FTX. дальше »
2023-1-4 17:00 | |
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Square Enix Reaffirms Commitment to Web3 Technology
Video game fans awaiting news of Square Enix’s plans for blockchain gaming have been presented with a “goal of making 2023 a year of major evolution and transformation” by their president. The renowned developer of beloved games like Final Fantasy recently released a letter confirming their commitment to the Web3 sector. дальше »
2023-1-4 03:40 | |
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DCG Drama Recap: Winklevoss Letter, Grayscale Troubles, Class-Action Arbitration
Barry Silberts woes continue as Cameron Winklevoss ratchets up the pressure, Gemini Earn customers file for class-action arbitration, and Grayscales Ethereum Trust trades at its lowest discount ever. New Year,... дальше »
2023-1-4 20:16 | |
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Why Gaming Giant Square Enix Will Make Aggressive Investment In Blockchain Entertainment
The legendary gaming studio Square Enix will continue to double down on Blockchain technology and digital assets in 2023. In a letter published by the company’s president Yosuke Matsuda, the company committed to focusing on “blockchain entertainment” and Web3. дальше »
2023-1-4 17:37 | |
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Cameron Winklevoss Ultimatum to Barry Silbert: Solve Genesis Problems by Jan. 8
Cameron Winklevoss wrote an open letter to Barry Silbert asking him to solve Gemini Earn users' problems by Jan. 8 The post Cameron Winklevoss Ultimatum to Barry Silbert: Solve Genesis Problems by Jan. 8 appeared first on BeInCrypto. дальше »
2023-1-3 23:15 | |
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Cameron Winklevoss shares letter to Barry Silbert with public
Gemini co-founder Cameron Winklevoss has issued a public letter on Twitter to address Barry Silbert, the founder of DCG. дальше »
2023-1-3 20:48 | |
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Blockchain didn’t fail, says Pantera’s CEO on FTX collapse
Pantera Capital’s CEO says FTX’s collapse was not caused by blockchain failure. In a letter to investors, Dan Morehead said there is a need for trustless systems in the ecosystem. Business in the blockchain space is moving back to safe entities, Morehead added. дальше »
2022-12-23 14:42 | |
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Incoming House Financial Services Committee chair reintroduces bill on crypto
The bill will make it easier to bring products to market without being subjected to “burdensome regulation.” Rep. McHenry penned a letter to Treasury secretary Janet Yellen last week, seekiThe post Incoming House Financial Services Committee chair reintroduces bill on crypto appeared first on AMBCrypto. дальше »
2022-12-20 19:00 | |
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Grayscale will repurchase 20% of shares if ETF conversion fails, CEO promises
Grayscale Investments’ CEO Michael Sonnenshein announced that the company might consider “a tender offer” for GBTC if it will not be able to convert its trust to an ETF. In his end-of-year letter to investors, Sonnenshein suggested that “such tender… дальше »
2022-12-20 20:52 | |
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United States: Incoming lawmakers move to delay key legislation to tax crypto
U.S. Representative Patrick McHenry wrote a letter to the U.S. Treasury to delay crypto taxes. Many lawmakers this year have raised similar concerns. The United States midterm elections heldThe post United States: Incoming lawmakers move to delay key legislation to tax crypto appeared first on AMBCrypto. дальше »
2022-12-16 11:58 | |
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Incoming House Financial Services Committee Chair Asks Secretary Yellen to Delay Crypto Tax Provision
Rep. Patrick McHenry, the soon-to-be chair of the House Financial Services Committee, wrote a public letter to Treasury Secretary Janet Yellen asking her to delay the implementation of the tax provision in last year's infrastructure law. дальше »
2022-12-16 00:54 | |
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DeFi, dApp developer Core Business Holdings goes public in US through ARAX acquisition
ARAX Holdings signed a binding letter of intent and deal terms to acquire 75% of blockchain firm Core Business Holding‘s share capital, the company behind Core Blockchain. The post DeFi, dApp developer Core Business Holdings goes public in US through ARAX acquisition appeared first on CryptoSlate. дальше »
2022-12-15 01:39 | |
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Crypto Bank Silvergate Slides Further After Letter from US Sen. Warren
Senator Elizabeth Warren (D-Mass) and two GOP senators have asked crypto-friendly bank Silvergate (SI) for answers over its supposed role in facilitating transfers between bankrupt exchange FTX and its sister firm Alameda Research, NBC reported Tuesday. дальше »
2022-12-7 18:30 | |
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US lawmakers question private firms’ role in development of a CBDC
United States lawmakers, including Tom Emmer and Patrick McHenry, wrote a joint letter to the Federal Reserve Bank of Boston regarding allegations that private firms involved in the design of the “hypothetical United States Central Bank Digital Currency (CBDC)” were gaining an unfair advantage. дальше »
2022-12-2 14:47 | |
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US lawmakers ask DOJ hold FTX execs accountable ‘to the fullest extent of the law’
“The fall of FTX was not simply a result of sloppy business and management practices, but rather appears to have been caused by intentional and fraudulent tactics,” said the letter. дальше »
2022-11-24 22:11 | |
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Sam Bankman-Fried says he is ‘deeply sorry’ for collapse in letter to FTX team
The former CEO describes his role in the exchange’s downfall as a failure in oversight, saying he should have been “more skeptical of large margin positions.” дальше »
2022-11-24 20:15 | |
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DCG CEO Barry Silbert addresses investors’ concerns in a letter to shareholders
The crypto contagion sparked by the downfall of FTX seems to have found its latest victim- Genesis Global Capital. However, the trouble isn’t limited to the New Jersey-based crypto lender. MarkeThe post DCG CEO Barry Silbert addresses investors’ concerns in a letter to shareholders appeared first on AMBCrypto. дальше »
2022-11-23 20:00 | |
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SBF Letter to Staff: ‘Maybe Still a Chance to Save FTX’
Former FTX CEO Sam Bankman-Fried (SBF) recently sent a letter to company employees. In addition to the usual string of apologies, he said that there might be a chance to save the company. The post SBF Letter to Staff: ‘Maybe Still a Chance to Save FTX’ appeared first on BeInCrypto. дальше »
2022-11-23 09:12 | |
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Digital Currency Group Reveals $2B in Liabilities, Including Debt to Its Own Subsidiary
Digital Currency Group (DCG) currently has $2 billion worth of loans according to a letter sent to shareholders today. DCG Outlines Lending Situation In a shareholder letter sent to investors... дальше »
2022-11-23 02:30 | |
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FTX leadership pressed for information by US subcommittee chairman
A letter by the chair of the Subcommittee on Economic and Consumer Policy demanded the former and current FTX CEOs turn over details of the exchange’s past and current financials. дальше »
2022-11-20 06:22 | |
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Multicoin Expects FTX Contagion To Hold Industry In Its Grips For Weeks To Come
In a letter to its investors, one of the industry’s most notable crypto venture firms, Multcoin Capital, has revealed its thesis for the coming weeks. Managing partners Kyle Samani and Tushar Jain write in a 3,400-word letter that the FTX fiasco does not spell doom for the crypto industry, as critics like Peter Schiff and Nassim Taleb recently did. дальше »
2022-11-19 16:04 | |
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US Sen. Warren and Durbin demand answers from Bankman-Fried and his successor at FTX
Two crypto-unfriendly Democratic senators have sent a letter to the executives with a list of detailed and penetrating questions about the behavior of Bankman-Fried and his businesses. дальше »
2022-11-18 00:45 | |
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Meta Cuts Workforce Amid Its Metaverse’s Losing Streak
Employees at sprawling American multinational technology conglomerate Meta face uncertainty amid a broad restructuring plan that includes significant layoffs. In a Wednesday letter to employees, Mark Zuckerberg stated that they had decided to slash the company’s workforce by about 13% following an unexpected turnaround in the company’s revenues. дальше »
2022-11-16 17:24 | |
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