Generative Data Intelligence

Tag: originations

Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs

The Amesbury, Massachusetts-based Bankprov, a subsidiary of Provident Bancorp, has announced that it will no longer provide loans secured by cryptocurrency mining rigs....

Crypto Lender Genesis Files for Bankruptcy Following SEC Lawsuit

Crypto lender Genesis, a subsidiary of Digital Currency Group (DCG), has filed for Chapter 11 bankruptcy. The filing followed a lawsuit brought by...

Is Genesis’s Prepackaged Bankruptcy The Ultimate Sacrifice?

What Happened: Embattled crypto lender Genesis is negotiating with creditors on the terms of its Chapter 11 bankruptcy filing, sources told The Block on...

DCG Suspends Quarterly Dividends Amidst Genesis Crisis: Report

Barry Silbert’s crypto conglomerate, Digital Currency Group (DCG), revealed halting quarterly dividends until further notice. In an email to shareholders, as viewed by Bloomberg,...

Genesis could file for bankruptcy this week: report

Genesis Global Capital, a crypto lending platform owned by Digital Currency Group (DCG), is said to...

Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis

According to a shareholders’ letter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company has suspended dividends until...

DCG Head Silbert Fights For His Life As Winklevoss Brothers Demand He Quits

Join Our Telegram channel to stay up to date on breaking news coverage Digital Currency Group CEO Barry Silbert is fighting for his life as...

DCG Under Investigation by DOJ and SEC: Report

Internal transfers at the Digital Currency Group are reportedly being scrutinized by U.S. authorities.According to a Jan. 7 report from Bloomberg, federal prosecutors are...

Market Analysis Report (09 Jan 2023)

US authorities are reportedly digging into the internal dealings of Digital Currency Group, the parent company of several crypto firms including Genesis Trading and...

SBF pleads not guilty, crypto layoffs, and bank run on Silvergate: Hodler’s Digest, Jan. 1-7

Top Stories This Week Sam Bankman-Fried enters not guilty plea for all counts in federal court Former FTX CEO Sam Bankman-Fried (has pleaded not...

Crypto Lender Genesis Slashes Staff and Mulls Bankruptcy: WSJ

According to a Jan. 5 report by the WSJ citing ‘people familiar with the matter,’ Genesis is mulling a bankruptcy filing and has...

Digital Currency Group shuts down wealth management unit: report

Cryptocurrency-focused conglomerate Digital Currency Group (DCG) is shutting down its wealth management unit called HQ, CoinDesk, a DCG-owned media outlet, reported on Friday.See related...

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