Foundry Cuts Workforce by 60%: The World’s Largest Bitcoin Mining Pool Restructures
On Monday, Foundry, the world's largest Bitcoin mining pool, announced a significant reduction in its workforce, laying off approximately 60% ...
Tag: DCG
Genesis Finalizes Restructuring Plan, Initiates Repayments
Bankrupt crypto lender Genesis Global Capital has now completed its restructuring process and began debt repayment to creditors. This development ...
Bitcoin Whale Move: 600 BTC Sent From Genesis Trading To Coinbase, Here’s What To Know
Bitcoin, the largest digital asset in the cryptocurrency market is in the limelight as Genesis Trading, a major player in ...
Gemini Agrees To $50 Million Settlement With New York AG
The New York State Attorney General’s Office has secured a settlement of approximately $50 million with the crypto exchange Gemini ...
Genesis Gets Court Approval For $3 Billion Repayment Plan
Bankrupt crypto lender Genesis Global Capital has secured court approval to commence its $3 billion repayment plan to its creditors. ...
Digital Currency Group Counters Lawsuit: Moves To Dismiss NY Attorney General’s Allegations
According to a Fortune Magazine report, Digital Currency Group (DCG) has submitted a motion to the New York Supreme Court ...
Digital Currency Group Alleges Bankruptcy Code Violations, Calls For Revamp Of NYAG And Genesis Settlement
In a surprising twist, Digital Currency Group (DCG), the parent company of defunct crypto lender Genesis Capital, has contested the ...
Dark Twist In Digital Currency Group Case: NYAG Pursues $3 Billion Restitution
New York Attorney General Letitia James has expanded the state's lawsuit against Digital Currency Group (DCG) and tripled the estimated ...
