Generative Data Intelligence

Tag: Three Arrows

Cardano DeFi Project Ardana Halts Development, Citing Funding, Timeline Concerns

Ardana was barely a year into development after raising $10 million last year via a funding round led by now defunct crypto hedge fund,...

FTX Failure: A New Chance for Decentralization

<!-- --> It’s been several weeks since crypto markets and its participants were shocked by the news that leading exchange FTX...

Barry Silbert Addresses Genesis Liquidity and DCG’s Debt

Digital Currency Group (DCG) CEO Barry Silbert has addressed concerns about its subsidiary Genesis’s loan book and DCG’s ongoing debt to Genesis. In a letter...

Trusted Third Parties Continue To Be Security Holes

The below is a direct excerpt of Marty’s Bent Issue #1283: “Trusted third parties are security holes.” Sign up for the newsletter here.The contagion...

Digital Currency Group Owes Genesis Trading Arm $575 Million by May

Digital Currency Group (DCG) CEO Barry Silbert recently shared a letter with investors illuminating the cryptocurrency conglomerate’s web of external and intercompany loans.  Among...

Silbert downplays liquidity crisis, expects $800M revenue in 2022 for DCG

Following rumors of potential contagion from FTX, Digital Currency Group (DCG) CEO Barry Silbert sent shareholders a memo on Nov. 22...

Genesis Global Denies Bankruptcy Rumors

.Over the past few weeks, the FTX disaster has taken everybody by surprise. The scandal keeps on shaking the industry in unexpected ways....

FTX Accused of Keeping Bitcoin’s Price Down

The rumor mill is accusing the now bankrupt crypto exchange FTX of selling bitcoin to buy other cryptos related to FTX. Their bitcoin holdings show...

Bitcoin Enters the Second Year of Bear

Bitcoin peaked on November 14th 2021, making it more than a year ago since the bear market began. The bull was defined by the rise...

Op-Ed: Could DCG be the catalyst for max pain in the crypto markets?

Following the recent collapse of FTX, the fallout spread to Genesis, which had already been bailed out by parent company Digital...

London Hedge Fund to Start Crypto Boutique

Man Group, the world’s largest publicly traded hedge fund with $142 billion in assets under management, is moving ahead with plans to launch a...

Crypto Lender Genesis Is On The Chopping Block As Contagion Continues

Coinsmart. Europe’s Best Bitcoin and Crypto Exchange.Click Here Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here. Source: https://bitcoinmagazine.com/business/crypto-lender-genesis-contagion-continues

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