Digital Currency Group

The crypto lender reportedly warned investors about filing for bankruptcy if it couldn’t line up sufficient financing

US equities and a bitcoin are testing the top of their medium-term range as traders hope for a ‘soft landing’

Now that Genesis is considering bankruptcy, hopes of returning $900 million to lending partner Gemini are shrinking

Despite all the bad news, crypto startups are still securing funding rounds as the bear market stretches into its second year

Crypto investment product AUM declined close to 15% in November

While GBTC’s discount crossed a record 50% Monday morning, Grayscale is unlikely to act, industry watchers say

The move by Genesis does not affect its other business lines, including crypto trading

BitMEX reduces headcount amid refocus on crypto derivatives while Dapper Labs cuts staff by 22%

Capital to focus on support for gaming, infrastructure, decentralized finance, content and creators

Digital Currency Group, Multicoin Capital, Reciprocal Ventures, gumi Cryptos Capital, NGC Ventures and HashKey provided the capital to accelerate growth on The Graph

“We are looking forward to leveraging the funding to improve access to blockchain technology in an ever growing list of countries across the world,” Marieke Flament, NEAR Foundation CEO said in a statement

This new debt capital raise comes shortly after DCG raised $700 million in the beginning of November, at a $10 billion valuation.

Along with the milestone for Grayscale funds AUM, the firm passes SPDR Gold Shares (GLD), the world’s largest gold ETF.

Digital Currency Group subsidiary expands services to make proof-of-stake networks more accessible to institutions.

The parent company of Grayscale has raised a massive round from heavy-hitters like SoftBank Group and Alphabet Inc’s independent growth fund CapitalG.

Transaction fees are at historical lows, but block subsidies are still attractive.

In a year where ESG concerns have dominated headlines, this is one of many public moves to help the decentralized currency lower its energy usage.

The company has raised a cumulative $30 million in funding since inception and its CEO said they might consider future funding rounds later this year.