Cameron Winklevoss News
20.01 / 22:59
business
Gemini
Grayscale
Decentraland
Winklevoss Twins
Digital Currency Group
Opinion: Digital Currency Group's Genesis implosion marks another bottom in trust for crypto
It looks as if the bear cycle is going to claim another high-profile crypto company. On Jan. 19, Digital Currency Group’s (DCG’s) lending subsidiary, Genesis, filed for Chapter 11 bankruptcy. Here we have yet another industry giant with a tale of incestuous lending, little risk management to speak of and opaque reporting policies.
20.01 / 17:05
business
Gemini
lending
community
Genesis bankruptcy filing sparks various community responses
As the crypto lender Genesis Global Trading filed for Chapter 11 bankruptcy protection in New York, members of the crypto community went on social media to express their thoughts on the matter.
18.01 / 17:11
Binance
FTX
Digital Currency Group
Would a Clear Out of Crypto Moguls and Their Centralized Companies Be Good for the Digital Asset Class?
As more and more crypto companies face scrutiny – and some throw in the towel after a rough bear market - questions are being raised whether that could be a good thing for crypto after all.
18.01 / 09:13
business
SEC
Gemini
Kraken
Digital Currency Group halts dividends in an effort to preserve liquidity
Venture capital firm Digital Currency Group (DCG) has told shareholders it is halting its quarterly dividend payments until further notice as it attempts to preserve liquidity.
14.01 / 18:05
business
Adoption
Gemini
FTX
Gemini and Genesis’ legal troubles stand to shake up industry further
With investor confidence seemingly at an all-time low thanks to the recent slew of insolvencies, a new saga seems to be now unfolding in real time. This one involves crypto exchange Gemini’s Winklevoss twins and Barry Silbert, CEO of Digital Currency Group (DCG) — the parent firm behind crypto market maker and lender Genesis.
14.01 / 00:47
business
coinbase
Digital Currency Group
Crypto Biz: DCG’s ‘carefully crafted campaign of lies’?
The monumental collapse of FTX didn’t just destroy a crypto exchange and wipe out billions in customer deposits — it also exposed accounting irregularities at Barry Silbert’s empire, the Digital Currency Group, or DCG. That’s according to Bitcoin (BTC) billionaire and Gemini co-founder Cameron Winklevoss. The FTX blow-up caused Genesis Global Trading, another DCG firm, to pause new loan originations and redemptions — a decision that directly affected Winklevoss’ Gemini Earn program. The pause on withdrawals has been active for nearly two months, prompting Winklevoss to pen two open letters addressed to Silbert and DCG’s board. The second open letter, published this week, claimed that Silbert was “unfit” to run DCG and that there would be no way forward with him at the helm.
13.01 / 00:47
UPS
Digital
Fallout
creditors
Ft
Crypto lender Genesis
Crypto lender Genesis owes creditors $3bn - FT
Genesis parent Digital Currency Group (DCG) is considering selling some of the assets in its venture portfolio to raise money to help pay off the creditors, says the FT, citing sources. Earlier this month, Genesis laid off about 30% of its workforce as it faced up to the FTX fallout, which had already forced to it to stop customer withdrawals.
12.01 / 18:13
Digital Currency Group
creditors
DCG Said to be in Talks with Creditors - Will Gemini Crypto Depositors Get Their Money Back?
Barry Silbert’s crypto conglomerate Digital Currency Group (DCG) is “actively engaged” in talks with creditors, according to a little-known crypto exchange.
11.01 / 21:37
markets
Ethereum
Grayscale
pricing
A key change in Ethereum options pricing hints that ETH price could rise beyond $1,350
Ethereum price (ETH) gained 10.2% from Jan. 4 to Jan. 10, breaching the $1,300 resistance without much effort, but has the Ether price move cast a light on whether the altcoin is ready to begin a new uptrend.
11.01 / 16:41
cryptocurrency
Bloomberg
Opinion
Crypto's Hotel California traps the Winklevoss twins
You can get into crypto any time you like, but can you ever leave? A fierce $900 million Bitcoin feud between the billionaire Winklevoss twins and Barry Silbert suggests the virtual currency bubble’s main legacy is a version of Hotel California, with clients desperately hoping for fresh money to pick up the tab — or a change in management that will let them check out.
11.01 / 16:23
business
Gemini
Bitcoin
dutch
Dutch exchange Bitvavo rejects DCG’s proposal to repay 70% of debt
Cryptocurrency exchange Bitvavo, a major creditor of the troubled crypto company Digital Currency Group (DCG), has dismissed DCG’s proposal of partial debt repayment.
11.01 / 15:11
regulation
Grayscale
FTX
Bitcoin
letter
DCG chief Barry Silbert pens letter to shareholders, community reacts
The crypto community woke up to another drama-filled day after the Digital Currency Group (DCG) chief's reflection went wrong. DCG chief Barry Silbert penned a letter to the shareholders on Jan. 10, reflecting on the state of the crypto market and the growing FUD around the company. DCG is the parent company of Genesis Global Capital, a crypto lending firm and Grayscale, the world’s leading crypto asset manager.
11.01 / 13:13
Gemini
Winklevoss Twins
Digital Currency Group
Cameron Winklevoss Calls for DCG Board to Sack Barry Silbert
Cameron Winklevoss, co-founder of cryptocurrency exchange Gemini, has written an open letter to the Digital Currency Board (DCG) board, asking for the removal of the venture capital firm's CEO Barry Silbert.
10.01 / 19:57
markets
Federal Reserve
Bitcoin
Bitcoin Price
Bitcoin price targets include new $14K dip as Fed's Powell avoids inflation
Bitcoin (BTC) traders faced disappointment at the Jan. 10 Wall Street open after the United States Federal Reserve declined to comment on future policy.
10.01 / 17:35
business
Gemini
Cameron Winklevoss: 'There is no path forward as long as Barry Silbert remains CEO of DCG'
Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, has penned an open letter to the board of Digital Currency Group, or DCG, saying CEO Barry Silbert was “unfit” to run the company.
06.01 / 23:31
business
FTX
Digital Currency Group
Crypto Biz: SBF has his day in court; Barry Silbert accused of ‘stalling’ over frozen funds
After Sam Bankman-Fried was handed over to United States officials last month, his top lieutenants — Caroline Ellison and Gary Wang — had already been cooperating with the feds. The two pleaded guilty to a slew of charges and agreed to assist the Southern District of New York to investigate FTX and their former boss. SBF had his day in court on Jan. 3 and pled not guilty to all criminal charges.
06.01 / 19:31
BTC
Platform
Bitcoin
Luna
Will DCG Insolvency Lead to Another Major Scandal?
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
05.01 / 00:11
business
Gemini
Digital Currency Group
Time
Financial
Genesis tells clients it needs more time on financial woes after Gemini demands action
Derar Islim, interim CEO of crypto market maker and lender Genesis, has sent a letter to clients updating them on the company’s efforts to prop up its finances and resume withdrawals and new lending. The letter, sent on Jan. 4, comes two days after a Twitter exchange between Barry Silbert, CEO of Genesis’ owner the Digital Currency Group, and Cameron Winklevoss, cofounder of the Gemini crypto exchange, in which Winklevoss criticized Genesis’ handling of its problems.
04.01 / 21:47
XRP
Cardano
litecoin
Bitcoin
Price analysis 1/4: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI
Gold made a strong start to the new year and is trading close to a seven-month high on expectations that the United States Federal Reserve may slow down and hike rates only by 25 basis points in its next meeting on Feb. 1.
04.01 / 08:13
business
Ethereum
Gemini
Bitcoin
Grayscale ETH trust nears record 60% discount as nerves continue over DCG
The Grayscale Ethereum Trust (ETHE) is trading at nearly a 60% discount to the underlying value of its assets, with shares falling 93% from its Jun. 2019 all-time high (ATH).
03.01 / 23:13
Ethereum
Binance
Gemini
Bitcoin
Rocky
week
3 reasons why it could be a rocky week for Bitcoin, Ethereum and altcoins
Continuing with 2022’s trend, there is a lack of positive excitement in the crypto market. While Bitcoin (BTC) and altcoins have remained stagnant to start 2023, there are a few reasons why volatility could spike in January.
facts about Cameron Winklevoss
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