Digital Currency Group files motion to dismiss NYAG criminal suit. This move comes after prolonged civil disputes between DCG subsidiary Genesis and a former business partner.
Grayscale faces a lawsuit for allegedly mismanaging their Grayscale Bitcoin Trust as well as conflicts of interest. Shareholders are invited to join the case.
Genesis needs a $1 billion liquidity injection by Monday and Gemini sees significant bitcoin outflows as fears of insolvency spread throughout the industry.
Following the implosion of FTX and the locking up of over $175 million, Genesis’s lending arm faces a liquidity crisis and is actively seeking new capital.
Following a ban on Bitcoin mining in China, many operations fled to neighboring Kazakhstan. Now, changing regulations raise questions about their future.
Bitcoin Magazine has asked a number of long-time members of the space to reflect on their experiences, and published author Simon Dixon spoke with us about some of his observations over the years.