Yugocean DCG

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Grayscale Bitcoin outflow is not a mystery

30 Jan 2024 1 minute read 0 comments Yugocean

     The biggest step for spot Bitcoin ETF approval in the US was taken by Grayscale, and the same Grayscale is working to get rid of it, but bigger step is taken by its buyer.   ETF King Grayscale getting rid of BTC Grayscale fought a major legal...

Digital Currency Group in Big Trouble

27 May 2023 1 minute read 2 comments Yugocean

     The Digital Currency Group (DCG), which once made billions in the crypto world, is now in crisis. Recently, the group decided to shut down its trading subsidiary, TradeBlock, and this is exposing the crisis. It all started with Genesis      Wh...

SEC lawsuit against Gemini Genesis is new controversy

14 Jan 2023 1 minute read 3 comments Yugocean

     Recently SEC sued Gemini and Genesis for selling unregistered securities, the SEC has introduced a new controversy. Will DCG accept responsibility now or Won't?      Genesis is a subsidiary of the Digital Currency Group (DCG). Genesis may now...

Problems caused by Genesis may be worse than FTX

18 Nov 2022 1 minute read 2 comments Yugocean

     Due to losses in FTX and uncontrolled withdrawals by customers post-FTX, crypto lending unit Genesis is facing financial crises. And from here, new apprehensions have started.  Genesis is a subsidiary of Barry Silbert's DCG (Digital Currency Gr...