Digital Currency Group Misses $630M Payout to US Crypto Exchange
Cameron Winklevoss, co-founder of trading platform Gemini, has announced that Digital Currency Group is behind on its $630 million debt payment to compensate users of its Gemini Earn.
Cameron Winklevoss, co-founder of trading platform Gemini, has announced that Digital Currency Group is behind on its $630 million debt payment to compensate users of its Gemini Earn.
HashKey Group, an affiliate of the Chinese conglomerate Wanxiang Group, is seeking to raise between $100 million and $200 million in a new funding round at a valuation of over $1 billion.
Fred Thiel, CEO of Marathon Digital, has stated that the proposed tax on crypto-currency mining will push the industry towards offshore jurisdictions.
Opera has announced collaboration with MultiversX, a first-level blockchain, to be integrated into their “cryptobrowser.”
The launch of the DRC-20 tokens last week was the main driver of increased transaction activity on the Dogecoin blockchain.
Citadel Securities has accused the founders of startup Portofino Technologies and their former employees of stealing trade secrets.
The SEC staff suggests that the trust’s underlying asset, Filecoin (FIL) cryptocurrency, conforms to the definition of an investment contract under federal law.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
Altcoin Altcoins AML Banks Bitcoin Blockchain China Cryptocurrency Crypto exchanges Crypto mining Crypto regulations DAO Decentralized Finance Digital Assets ETH Ethereum Exchange-traded fund Fintech FOMO FUD Funding Gas Fees Hackers HODL Investment Japan KYC Layer 2 Metaverse Mining NFT NFTs Private Key Regulation Russia Scalability Seed Phrase Smart Contract South Korea Stablecoin Stablecoins Staking US Wallet Web3