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The crypto market making and trading giant last week had been rumored to have suffered hundreds of millions in losses. Original Source
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ScienceMagic.Studios has raised a $10.3 million pre-seed round from Digital Currency Group, Coinbase Ventures, among others. Original Source
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Grayscale parent Digital Currency Group, better known as DCG, announced that it intends to repurchase up to $250 million in shares for various Grayscale investment products.The share repurchase program is centered around Grayscale’s Litecoin Trust, Horizon Trust, Zcash Trust and other Grayscale products, DCG confirmed on Wednesday. The pace and
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“Through a collection of smart contracts that verify zero-knowledge proofs, the Railgun team has built a privacy system directly on Ethereum and other Layer-1 protocols, from which you can interact with decentralized exchanges, lending platforms, and popular smart contract applications,” Matt Beck, director of investments at DCG, said in a
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Digital Currency Group (CoinDesk’s parent company) is planning to hoover up to a billion dollars worth of Grayscale Bitcoin Trust (GBTC).With subsidiary Grayscale’s flagship product facing sudden competition for brokerage accounts’ bitcoin dollars, the crypto conglomerate increased its GBTC buy range by $250 million, DCG announced Wednesday. It said it
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Ripio, a Latin American (Latam) exchange headquartered in Argentina, raised $50 million in its latest funding round, led by Digital Currency Group (DCG). The exchange, which has a stronghold in countries like Argentina and Brazil, will use these new funds to further expand to new countries in the area and
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Digital Currency Group, the parent company of digital asset manager Grayscale Investments, is now authorized to purchase up to $750 million worth of shares of Grayscale Bitcoin Trust.The company announced Monday that DCG increased its prior authorization to buy up to $250 million worth of GBTC shares by an extra
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Having been in the crypto industry long enough to understand the perspective of the market, Digital Currency Group’s key attention to crypto exchanges is an indicator that the industry is growing immensely.The blockchain investment firm Digital Currency Group (DCG) has today announced the acquisition of a retail-focused crypto exchange Luno
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Blockchain investment firm Digital Currency Group (DCG) has acquired Luno, a retail-focused cryptocurrency exchange with over five million customers spanning over 40 countries. Luno will continue to operate as an independent, wholly-owned subsidiary of DCG, the companies said. The financial terms of the acquisition were not disclosed in an announcement Wednesday. The
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