Ken Griffin’s Citadel reveals 5.5% stake in crypto bank Silvergate
By Hannah Lang (Reuters) – Citadel Securities, the market maker that is part of Ken Griffin’s Citadel investment firm, on Tuesday reported a 5.5% stake in cryptocurrency-focused lender Silvergate Capital…
DCG sells shares in Grayscale crypto trusts in push to raise funds
By Sneha Bhowmik and Akriti Sharma (Reuters) – Digital Currency Group (DCG) is selling shares in several of its cryptocurrency funds at a steep discount and has started offloading its…
Britain’s first crypto regulations to set ‘robust’ standards
By Huw Jones LONDON (Reuters) – Britain’s finance ministry plans “robust” regulations for crypto assets, following the collapse of crypto exchange FTX last year, which left millions of people nursing…
The many companies in Digital Currency Group’s crypto empire
By Elizabeth Howcroft and Hannah Lang (Reuters) – U.S. crypto company Digital Currency Group (DCG) is at the center of the industry’s latest meltdown after one of its companies, Genesis,…
Cryptoverse: Bitcoin digs in for a bumpy new year
By Lisa Pauline Mattackal (Reuters) – Bitcoin is looking steady in 2023. But it’s only been a week. Cryptocurrencies have crept into the new year, licking their wounds after the…
Crypto lender Genesis lays off 30% of staff
By Niket Nishant, Manya Saini and Anirban Chakroborti (Reuters) – Cryptocurrency firm Genesis has cut 30% of its workforce in a second round of layoffs in less than six months,…
Winklevoss says crypto broker Genesis negotiating in bad faith
By Mrinmay Dey (Reuters) – Cameron Winklevoss, who founded crypto exchange Gemini Trust Co with his twin brother, on Monday accused Digital Currency Group (DCG) CEO Barry Silbert of “bad…
Crypto exchange Kraken to stop operations in Japan
By Rhea Binoy (Reuters) – U.S.-based crypto exchange Kraken said on Wednesday it would cease its operations in Japan next month, citing the current market conditions in the country and…
Cryptocurrency for Beginners
Cryptocurrency: The news of FTX going bankrupt has been in the headlines lately. The CEO, Sam Bankman-Fried, is arrested for allegedly channelling the customer’s fund to its sister company, making a $10…
Core Scientific files for bankruptcy as crypto winter bites
By Dietrich Knauth and Hannah Lang (Reuters) – Core Scientific Inc, one of the biggest publicly traded cryptocurrency mining companies in the United States, said on Wednesday it filed for…