Genesis

Blockchain & Crypto

Genesis and Creditors Gemini Reach $100 Million Agreement

Gemini and Genesis reach $100 million agreement over Earn program.

Finance & Economics

Cascade of Bankruptcies: Crypto Empire DCG Shuts Wealth-Management Division

Financial interplay, 30% staff layoffs, federal prosecution, suspended withdrawals, and a public feud between the founders. Another cryptocurrency conglomerate joins the growing list of troubled industry giants.  With reportedly over $3.5 billion in assets, Digital Currency Group (DCG), parent company Grayscale Investments, crypto brokerage Genesis, and publication CoinDesk, closes its wealth-management division, HQ Digital. Investigation […]