digital currency group Archives - Top Crypto Game https://topcryptogame.com/tag/digital-currency-group/ The latest crypto news! Sat, 03 Aug 2024 01:44:36 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://topcryptogame.com/wp-content/uploads/2022/01/cropped-favicon-32x32.png digital currency group Archives - Top Crypto Game https://topcryptogame.com/tag/digital-currency-group/ 32 32 Genesis begins distributing $4 billion in assets to creditors, creates legal fund to sue DCG, others https://topcryptogame.com/genesis-begins-distributing-4-billion-in-assets-to-creditors-creates-legal-fund-to-sue-dcg-others/ https://topcryptogame.com/genesis-begins-distributing-4-billion-in-assets-to-creditors-creates-legal-fund-to-sue-dcg-others/#respond Sat, 03 Aug 2024 01:44:36 +0000 https://topcryptogame.com/genesis-begins-distributing-4-billion-in-assets-to-creditors-creates-legal-fund-to-sue-dcg-others/ Genesis has finalized its restructuring process and started distributing roughly $4 billion in digital assets and US dollars to creditors, according to an Aug. 2 statement. The company revealed that creditors will recover an average of 64% of their crypto claims, depending on the coins. Bitcoin holders will regain 51.28% of their holdings, Ethereum creditors […]

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Genesis has finalized its restructuring process and started distributing roughly $4 billion in digital assets and US dollars to creditors, according to an Aug. 2 statement.

The company revealed that creditors will recover an average of 64% of their crypto claims, depending on the coins.

Bitcoin holders will regain 51.28% of their holdings, Ethereum creditors will receive 65.87%, and Solana creditors will be paid 29.58%. Other altcoins holders will receive 87.65% of their assets, while creditors owed stablecoins or US dollars will receive the full amount owed.

The firm added that its creditors may receive more funds following the initial distribution based on ongoing claims reconciliation, contractual rights, and litigation outcomes.

Meanwhile, Genesis has set up a $70 million litigation fund to pursue legal action against various third parties, including its parent company, Digital Currency Group. This fund comprises $26 million in BTC, $13 million in ETH, and $31 million in fiat.

Mark Renzi, Managing Director at BRG, has been appointed as the plan administrator to oversee the plan and the company’s wind-down process. The company has also appointed a new board of directors.

The announcement concludes a lengthy bankruptcy process that began in January 2023, when Genesis and its subsidiaries filed for Chapter 11 protection in New York due to significant losses from the collapse of the FTX exchange.

At the time, the firm reported owing over $3.5 billion to its top 50 creditors.

Repayments

According to Arkham Intelligence, on-chain data shows the firm has started repaying its creditors, with a wallet linked to the billionaire Mark Cuban receiving $19.9 million in ETH from Genesis.

This followed the blockchain analytical platform’s earlier report that Genesis had moved 16,600 BTC, equivalent to $1.1 billion, and 166,300 ETH, valued at $521.1 million, in multiple transactions on Aug. 2 for other creditor claims.

Lookonchain pointed out that the repayment process began earlier in the week, with Genesis shifting around $3 billion in crypto — 32,256 BTC (valued at approximately $2.12 billion) and 256,775 ETH (worth about $838 million) — in three days.

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2 Crypto Making MILLIONAIRES Right now!! Binance SUSPENDS USD | Google beats ChatGPT? https://topcryptogame.com/2-crypto-making-millionaires-right-now-binance-suspends-usd-google-beats-chatgpt/ https://topcryptogame.com/2-crypto-making-millionaires-right-now-binance-suspends-usd-google-beats-chatgpt/#respond Tue, 02 Apr 2024 02:08:33 +0000 https://topcryptogame.com/2-crypto-making-millionaires-right-now-binance-suspends-usd-google-beats-chatgpt/ These crypto AI tokens are making millinaires, Binance Suspends USD withdrawals, and DCG is selling off Genesis Trading. Google is now competing with Microsofts ChatGPT Open AI, with their own Google Bard AI coming soon! 🚀Find the most undervalued gems, up-to-date research, and NFT buys with Altcoin Buzz Access🚀 Join Altcoin Buzz Access Pro FOR […]

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These crypto AI tokens are making millinaires, Binance Suspends USD withdrawals, and DCG is selling off Genesis Trading. Google is now competing with Microsofts ChatGPT Open AI, with their own Google Bard AI coming soon!

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⏱ TIMESTAMPS
00:00 Intro
0:24 BTC Golden Cross!
2:05 Binance Suspends USD Withdrawals
3:08 Digital Currency Group to Sell Genesis
4:06 The Graph Token rallies with AI Tokens
5:29 Google to launch ChatGPT competitor!
7:10 AI Tokens SURGING!

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BIG WIN For Polygon Matic | Cardano DJED COUNTDOWN Begins | Trillion-dollar Ethereum Opportunity! https://topcryptogame.com/big-win-for-polygon-matic-cardano-djed-countdown-begins-trillion-dollar-ethereum-opportunity/ https://topcryptogame.com/big-win-for-polygon-matic-cardano-djed-countdown-begins-trillion-dollar-ethereum-opportunity/#respond Mon, 07 Aug 2023 03:07:48 +0000 https://topcryptogame.com/big-win-for-polygon-matic-cardano-djed-countdown-begins-trillion-dollar-ethereum-opportunity/ Polygon has a big win with a new partnership with Justin Kan’s Fractal, and Cardano DJED stablecoin is about to launch. Ethereum could have a Trillion dollar opportunity, and Genesis trading if suing Roger Ver! 🚀Find the most undervalued gems, up-to-date research, and NFT buys with Altcoin Buzz Access🚀 Join Altcoin Buzz Access Pro FOR […]

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Polygon has a big win with a new partnership with Justin Kan’s Fractal, and Cardano DJED stablecoin is about to launch. Ethereum could have a Trillion dollar opportunity, and Genesis trading if suing Roger Ver!

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⏱ TIMESTAMPS
00:00 INTRO
0:25 BTC be careful!
1:58 Grayscale sues the SEC
3:31 Ethereum has a $1 TRILLION Dollar Opportunity?
4:43 Cardano Stablecoin DJED is confirmed to launch
5:50 DCG and Genesis face class action lawsuit
7:09 Polygon partners with Justin Kan’s Fractal
8:17 Celsius to make new token to pay back creditors?

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MASSIVE Ethereum ETH UNLOCK! Binance BNB $1 Bn Deal | Solana SOL & Polygon MATIC News https://topcryptogame.com/massive-ethereum-eth-unlock-binance-bnb-1-bn-deal-solana-sol-polygon-matic-news/ https://topcryptogame.com/massive-ethereum-eth-unlock-binance-bnb-1-bn-deal-solana-sol-polygon-matic-news/#respond Tue, 13 Jun 2023 16:27:49 +0000 https://topcryptogame.com/massive-ethereum-eth-unlock-binance-bnb-1-bn-deal-solana-sol-polygon-matic-news/ Ethereum is about to have a massive 15.96 MILLION ETH unlock, Binance gets ready for $1 Billion Dollar deal, and is Solana making a come back? Polygon gets a big update, and Barry Silbert of DCG speaks out. 🚀Find the most undervalued gems, up-to-date research, and NFT buys with Altcoin Buzz Access🚀 Join Altcoin Buzz […]

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Ethereum is about to have a massive 15.96 MILLION ETH unlock, Binance gets ready for $1 Billion Dollar deal, and is Solana making a come back?
Polygon gets a big update, and Barry Silbert of DCG speaks out.

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Polygon Spotlight video:

⏱ TIMESTAMPS
00:00 INTRO
0:24 Barry Silbert CEO of DCG speaks out
1:39 Binance US sets out for $1 Billion Dollar Deal!
2:50 Is Solana coming back?
3:20 Ethereum 15.96 Million Unlock
4:48 BIG Polygon updates
5:35 Arbitrum + Optimism surpass ETH
6:25 Coinbase lays off 20% of it’s staff

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#cryptonews #ethereum #polygon

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NEXT BIG Crypto RISK | HUGE DUMP? Polygon MATIC is READY | Cardano Ethereum Good News https://topcryptogame.com/next-big-crypto-risk-huge-dump-polygon-matic-is-ready-cardano-ethereum-good-news/ https://topcryptogame.com/next-big-crypto-risk-huge-dump-polygon-matic-is-ready-cardano-ethereum-good-news/#respond Wed, 17 May 2023 13:30:35 +0000 https://topcryptogame.com/next-big-crypto-risk-huge-dump-polygon-matic-is-ready-cardano-ethereum-good-news/ Genesis Trading and Gemini are being sued by the SEC, FTX is about to dump on the market, Polygon is about to hard fork and Cardano is coming out with massive toolkits. Ethereum finally reaches 500k validators! 🚀Find the most undervalued gems, up-to-date research, and NFT buys with Altcoin Buzz Access🚀 Join Altcoin Buzz Access […]

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Genesis Trading and Gemini are being sued by the SEC, FTX is about to dump on the market, Polygon is about to hard fork and Cardano is coming out with massive toolkits. Ethereum finally reaches 500k validators!

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⏱ TIMESTAMPS
00:00 INTRO
0:23 SEC Sues Genesis and Gemini for unregistered security
1:43 Winklvoss call out the SEC
3:02 Polygon is about to Hard Fork
4:00 FTX is about to dump $4.6 Billion!
4:58 SBF writes about FTX collapse
5:31 Cardano releases big toolkit
6:22 NEXO Withdrawal WARNING!
6:54 Hector Networks next phase
7:44 ETH reaches 500k validators

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#cryptonews #gemini #polygon

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Binance BNB Huobi BLEEDING! Crypto TROUBLES Growing? https://topcryptogame.com/binance-bnb-huobi-bleeding-crypto-troubles-growing/ https://topcryptogame.com/binance-bnb-huobi-bleeding-crypto-troubles-growing/#respond Tue, 16 May 2023 13:23:09 +0000 https://topcryptogame.com/binance-bnb-huobi-bleeding-crypto-troubles-growing/ Binance is facing issues with the SEC over Voyager digital while being investigated, and Huobi is bleeding money. Crypto.com delists USDT pairs, and a new FTX insider comes forward. 🚀Find the most undervalued gems, up-to-date research, and NFT buys with Altcoin Buzz Access🚀 Join Altcoin Buzz Access Pro FOR FREE➡️ KyberSwap Trading Details: ⏱️ TIMESTAMPS […]

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Binance is facing issues with the SEC over Voyager digital while being investigated, and Huobi is bleeding money. Crypto.com delists USDT pairs, and a new FTX insider comes forward.

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KyberSwap Trading Details:

⏱ TIMESTAMPS
00:00 INRTO
0:22 Winklvoss writes NEW letter to DCG
1:22 SBF Robinhood shares get taken for good
2:07 FTX insider comes forward against SBF
3:16 Voyager defends Binance US bid for assets against SEC
4:26 Binance faces investigation
5:27 Binance sees $12 Billion in outflows
6:18 Huobi is bleeding funds and employees
7:45 Kyberswap launches trading campaign
8:31 Crypto.com delists USDT pairs

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Please do your own due diligence and rating before making any investments and consult your financial advisor. We believe that the information presented is correct and accurate, however, there is no guarantee or warranty as to the accuracy, timeliness, or completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

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#crypto #binance #huobi

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BEWARE of Major Crypto DUMP? FTX to Restart? BIG Cardano Polygon news! https://topcryptogame.com/beware-of-major-crypto-dump-ftx-to-restart-big-cardano-polygon-news/ https://topcryptogame.com/beware-of-major-crypto-dump-ftx-to-restart-big-cardano-polygon-news/#respond Tue, 09 May 2023 09:17:16 +0000 https://topcryptogame.com/beware-of-major-crypto-dump-ftx-to-restart-big-cardano-polygon-news/ Genesis Trading has officially filed for Chapter 11 Bankruptcy, and FTX might be restarting. Cardano Founder Charles wants to buy Coindesk, and Polygon partners with Bitgo. 🚀Find the most undervalued gems, up-to-date research, and NFT buys with Altcoin Buzz Access🚀 Join Altcoin Buzz Access Pro FOR FREE➡️ ⏱️ TIMESTAMPS 00:00 INTRO 0:22 JP Morgan CEO […]

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Genesis Trading has officially filed for Chapter 11 Bankruptcy, and FTX might be restarting. Cardano Founder Charles wants to buy Coindesk, and Polygon partners with Bitgo.

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⏱ TIMESTAMPS
00:00 INTRO
0:22 JP Morgan CEO says Bitcoin is a Ponzi
1:45 FTX might be getting restarted
2:54 Justin Sun is officially leading Huobi
3:46 Polygon partners with Bitgo
4:18 Genesis trading files for Bankruptcy
6:22 Cardano founder wants to buy CoinDesk
7:35 Crypto.com puts out 2022 market report

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#cryptonews #genesistrading #ftx #cardano

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MASSIVE Polygon MATIC News!! 2 Altcoins RALLYING HARD | Litecoin Halving Pump https://topcryptogame.com/massive-polygon-matic-news-2-altcoins-rallying-hard-litecoin-halving-pump/ https://topcryptogame.com/massive-polygon-matic-news-2-altcoins-rallying-hard-litecoin-halving-pump/#respond Mon, 01 May 2023 02:18:23 +0000 https://topcryptogame.com/massive-polygon-matic-news-2-altcoins-rallying-hard-litecoin-halving-pump/ Polygon has massive news with Mastercard, Degods, and y00ts. Altcoins like Litecoin, Zilliqa, and Gala Games are rallying, and SBF fights for Robinhood shares back. 🚀Find the most undervalued gems, up-to-date research, and NFT buys with Altcoin Buzz Access🚀 Join Altcoin Buzz Access Pro FOR FREE➡️ XCAD Pre-Register: ⏱️ TIMESTAMPS 00:00 INTRO 0:23 BTC Price […]

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Polygon has massive news with Mastercard, Degods, and y00ts. Altcoins like Litecoin, Zilliqa, and Gala Games are rallying, and SBF fights for Robinhood shares back.
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⏱ TIMESTAMPS
00:00 INTRO
0:23 BTC Price Movement!
1:20 Litecoin Rally pre-halving
2:08 Gala Games 140% pump
3:34 Polygon partners with Mastercard
4:17 Polygon pays Degods/y00ts $3 Million
5:34 SBF fights for Robinhood shares
6:58 XCAD Network launches on Android
7:20 Zilliqa pumps 50% in 24hrs

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The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.

Please do your own due diligence and rating before making any investments and consult your financial advisor. We believe that the information presented is correct and accurate, however, there is no guarantee or warranty as to the accuracy, timeliness, or completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

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#crypto #polygon #cryptonews

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MASSIVE Polygon MATIC WHALE Accumulation! Gemini DCG Spat | Ethereum up 338% & more crypto news https://topcryptogame.com/massive-polygon-matic-whale-accumulation-gemini-dcg-spat-ethereum-up-338-more-crypto-news/ https://topcryptogame.com/massive-polygon-matic-whale-accumulation-gemini-dcg-spat-ethereum-up-338-more-crypto-news/#respond Thu, 20 Apr 2023 22:01:51 +0000 https://topcryptogame.com/massive-polygon-matic-whale-accumulation-gemini-dcg-spat-ethereum-up-338-more-crypto-news/ Polygon gets massive whale accumulation in 24hrs, Gemini Winklvoss founders call out Digital Currency group CEO Barry, and Ethereum up 335%? 🚀Find the most undervalued gems, up-to-date research, and NFT buys with Altcoin Buzz Access🚀 Join Altcoin Buzz Access Pro FOR FREE➡️ ⏱️ TIMESTAMPS 00:00 INTRO 0:24 BTC 2022 price metrics do NOT look good […]

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Polygon gets massive whale accumulation in 24hrs, Gemini Winklvoss founders call out Digital Currency group CEO Barry, and Ethereum up 335%?

🚀Find the most undervalued gems, up-to-date research, and NFT buys with Altcoin Buzz Access🚀 Join Altcoin Buzz Access Pro FOR FREE➡

⏱ TIMESTAMPS
00:00 INTRO
0:24 BTC 2022 price metrics do NOT look good
1:04 ETH flips BTC?
1:48 Gemini founders Call out Digital Currency Group
3:53 Polygon Whales accumulating
4:26 SOL price up 50% in 7 days!
5:29 FTX faces the Bahamian Gov.
7:01 2023 the year for Litecoin?

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Please do your own due diligence and rating before making any investments and consult your financial advisor. We believe that the information presented is correct and accurate, however, there is no guarantee or warranty as to the accuracy, timeliness, or completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

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#polygon #FTX #gemini

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BIGGER SHOCK Than FTX | Solana losing it to Polygon | Aave exploit and more crypto news! https://topcryptogame.com/bigger-shock-than-ftx-solana-losing-it-to-polygon-aave-exploit-and-more-crypto-news/ https://topcryptogame.com/bigger-shock-than-ftx-solana-losing-it-to-polygon-aave-exploit-and-more-crypto-news/#respond Sat, 01 Apr 2023 18:16:42 +0000 https://topcryptogame.com/bigger-shock-than-ftx-solana-losing-it-to-polygon-aave-exploit-and-more-crypto-news/ There is about to be a bigger shock in Crypto than FTX and thats the Digital Currency Group and Genesis Trading. Solana is Losing to Polygon with MAgic Eden, and Aave is exploited with the CRV Token! 🚀Find the most undervalued gems, up-to-date research, and NFT buys with Altcoin Buzz Access🚀 Join Altcoin Buzz Access […]

The post BIGGER SHOCK Than FTX | Solana losing it to Polygon | Aave exploit and more crypto news! appeared first on Top Crypto Game.

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There is about to be a bigger shock in Crypto than FTX and thats the Digital Currency Group and Genesis Trading. Solana is Losing to Polygon with MAgic Eden, and Aave is exploited with the CRV Token!

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⏱ TIMESTAMPS
00:00 INTRO
0:36 BTC Bottom is in when this happens
1:50 FTX causes crypto Regulation?
2:54 FTX Letter to employees
3:53 Sam Bankman-Fried is invested in Twitter?
4:36 The BIG SHOCK to crypto!
5:49 Magic Eden Chooses Polygon
6:18 AAVE faces bad debt with exploiter

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The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.

Please do your own due diligence and rating before making any investments and consult your financial advisor.Ibelieve that the information presented is correct and accurate, however, there is no guarantee or warranty as to the accuracy, timeliness, or completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

Altcoin Buzz may receive a commission, at no extra cost to you, if you click through our links and make a purchase from one of our partners.

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ETHEREUM DUMPING!! Solana DEAD?? GrayScale REFUSES Proof of Reserve 🤯 https://topcryptogame.com/ethereum-dumping-solana-dead-grayscale-refuses-proof-of-reserve-%f0%9f%a4%af/ https://topcryptogame.com/ethereum-dumping-solana-dead-grayscale-refuses-proof-of-reserve-%f0%9f%a4%af/#respond Sun, 12 Mar 2023 14:09:53 +0000 https://topcryptogame.com/ethereum-dumping-solana-dead-grayscale-refuses-proof-of-reserve-%f0%9f%a4%af/ Ethereum is Dumping as FTX Hacker sells of Eth and buys RenBTC. Solana ecosystem is dead after TVL drops to under $300 Million, Michael Saylor says Litecoin could be next digital commodity. Grayscale refuses to show proof of reserves of its BTC, and Cardano announced its algorithmic stablecoin Djed for January! 🚀Find the most undervalued […]

The post ETHEREUM DUMPING!! Solana DEAD?? GrayScale REFUSES Proof of Reserve 🤯 appeared first on Top Crypto Game.

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Ethereum is Dumping as FTX Hacker sells of Eth and buys RenBTC. Solana ecosystem is dead after TVL drops to under $300 Million, Michael Saylor says Litecoin could be next digital commodity. Grayscale refuses to show proof of reserves of its BTC, and Cardano announced its algorithmic stablecoin Djed for January!

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⏱ TIMESTAMPS
00:00 INTRO
0:36 Grayscale BTC collapse?
1:58 FTX Hacker dumps Eth!
3:24 Eth Whales are buying
3:51 Michael Saylor says Litecoin is NEXT
4:27 Solana is DEAD
5:14 Cardano Stablecoin announced

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The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.

Please do your own due diligence and rating before making any investments and consult your financial advisor.Ibelieve that the information presented is correct and accurate, however, there is no guarantee or warranty as to the accuracy, timeliness, or completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

Altcoin Buzz may receive a commission, at no extra cost to you, if you click through our links and make a purchase from one of our partners.

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