Tag: Filing
Breaking News
Breaking: Turkey Seizes Assets of FTX Founder Sam Bankman-Fried
According to a statement made on Wednesday by the Treasury and Finance Ministry of Turkey, an inquiry has been opened into claims of...
‘Batman VR’ App Allegedly in the Works for Quest, FTC Filing Claims
Among documents released by the United States Federal Trade Commission (FTC) earlier this week is a claim that Meta’s VR studio Camouflaj, the...
Invoice Reader
One important financial document that is common to all businesses is the invoice. The larger the business, the more types of invoices it receives...
Barry Silbert Addresses Genesis Liquidity and DCG’s Debt
Digital Currency Group (DCG) CEO Barry Silbert has addressed concerns about its subsidiary Genesis’s loan book and DCG’s ongoing debt to Genesis. In a letter...
Genesis hires a bankruptcy avoidance specialist
Recent reports say that Genesis Global Capital has hired a restructuring counsel to look into all of the possible outcomes, including but not limited...
Silbert downplays liquidity crisis, expects $800M revenue in 2022 for DCG
Following rumors of potential contagion from FTX, Digital Currency Group (DCG) CEO Barry Silbert sent shareholders a memo on Nov. 22...
What’s the impact of the FTX collapse on the crypto trading industry? (Konstantin Rabin)
If you were told that a $32 billion company can collapse in a matter of hours, you will most likely have a question, how?...
FTC: Meta Wanted to Expand ‘Beat Saber’ to Fitness Before Controversial Within Acquistion
During investigations by the United States Federal Trade Commission (FTC) into Meta’s acquisition of VR fitness game devs Within, a filing revealed...
Gemini Still Working With Genesis, Digital Currency Group to Unlock Earn User Withdrawals
There is still no word on when users of Gemini’s Earn service will be able to withdraw their funds, but this morning the exchange...
Binance muscles in on hardware wallet sector with series A investment in NGRAVE
Binance Labs announced it will take the lead in an upcoming Series A investment round in hardware wallet maker NGRAVE.Company co-founders...
FTX Group’s Total Cash Balance Tallies at $1.24B: Bankruptcy Filing Shows
Bankrupt crypto exchange FTX and its affiliates had a total cash balance of $1.24 billion as of November 20, as per its bankruptcy...
Binance Cites Conflict of Interest for Passing on Genesis Investment: Report
Binance has reportedly rejected an offer to invest in troubled crypto lending firm Genesis due to a potential conflict of interest some of its...