The plan will see the sale of Genesis along with other steps in the deal with DCG and Gemini Trust Co. Genesis, a subsidiary of Digital Currency Group, has reached a restructuring agreement with major creditors according to a statement…
Data shows the Dogecoin wallet is suddenly alive after being inactive for 9 years. Here’s how much profit you’ll make. Dormant Dogecoin Wallet Has Been Revived After 9.1 Years According to data from cryptocurrency transaction tracker service Whale Alert, the…
Creditor Genesis has announced a new restructuring plan proposed between Genesis, Digital Currency Group (DCG), and creditors will see creditors return at least 80% of their funds. On February 6, Genesis Global announced it had reached an “agreement in principle”…
Bitcoin (BTC) mining and data center company Riot has disbanded declare update production and operation to January 2023. It has produced a new all-time high of 740 Bitcoin in the last month. What is the new report on easy inflation…
Fans watching the Kansas City Chiefs face the Philadelphia Eagles in Super Bowl LVII on February 12 will reportedly not see as many advertising spots for cryptocurrency companies as they did in 2022. According to an Associated Press report on…
Don’t check, verify. This is one of the few crypto-native statements that have stuck around over the years. NFTs are like other crypto ‘corners’; there are cycles, metas, and many instances of false hope, unexpected success, and everything in between.…
Binance has announced that it is temporarily suspending bank transfers in United States dollars (USD) from February 8. No other trading method will be affected, the exchange said in a tweet on February 6. The news has no details, although…
An objective look at the technical concerns behind Ordinals and their implications on the Bitcoin network. This is an opinion editorial by Mark Goodwin. ordinal (adj.) c. 1400, “ordinary, regular; well-ordered, proper,” from Old French order and directly from the…
According to a report from CoinDesk, crypto lender Genesis and its parent company Digital Currency Group (DCG) are moving forward with bankruptcy proceedings. The company reached an “agreement in principle” to restructure the creditor company. The report cited people familiar…
On February 6, European cryptocurrency investment company CoinShares published its “Digital Asset Fund Flow Report,” which revealed that investors are showing strong interest in digital asset investment products, with inflows totaling $76 million last week, marking the fourth consecutive week…