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DCG Plans $3.5B Debt Partial Payoff, Creditors Stand To Win Big
Tuesday, August 29, 2023 - 2:15pm | 539Digital Currency Group (DCG) is on the verge of settling claims related to the bankruptcy of Genesis, as revealed in a recent court document. The proposed settlement might enable unsecured creditors to retrieve between 70% and 90% of their claims in USD, Coindesk reported. Additionally,...
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Crypto Whales Dive Deep Amid SEC's Binance Charges, Spotting Opportunities In Turbulence
Tuesday, June 6, 2023 - 11:33am | 474Notwithstanding the market volatility following the Securities and Exchange Commission's (SEC) charges against Binance for purported violations of the nation's securities laws, blue-chip firms and institutional investors are lapping up the opportunity to purchase tokens at...
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Delphia Adds $60M Series A To Boost Headcount, Launch Token, Expand Data Reach
Friday, June 10, 2022 - 12:58pm | 258Delphia closed a $60 million Series A funding round led by Multicoin Capital. Participants in the round include Ribbit Capital, FTX Ventures, Valor Equity Partners, FJ Labs, Lattice Ventures, Cumberland, Thomas Bailey from Road Capital and M13. Funds are to be used for the launch of...