DCG

Crypto lending firm Genesis Global has reportedly been given the green light by a U.S. Bankruptcy Judge to return approximately $3 billion in cash and cryptocurrency to its clients. This move leaves the firm’s owner, Digital Currency Group (DCG), with no recovery from the bankruptcy. What...

Genesis won a bid to block its parent company, the Barry Silbert-led Digital Currency Group (DCG), from selling or reducing ownership in the company. What Happened: Until Genesis closes its Chapter 11 proceedings, it can receive certain tax benefits which will be applicable only if the company...

Digital Currency Group (DCG), is turning to Barry Berke, a white-collar defense lawyer for its legal defense. Berke is well-known for his role in the impeachment proceedings against former President Donald Trump. What Happened: According to a report by Decrypt on Wednesday, Berke will represent DCG...

New York Attorney General Letitia James filed a lawsuit against crypto companies Gemini Trust Company, Genesis Global Capital and Digital Currency Group, Inc. (DCG) for defrauding 230,000 investors, including at least 29,000 New Yorkers, of more than $1 billion. According...

Cryptocurrency exchange Gemini, on Sunday, said that it will enter a mediation period with Genesis, a struggling crypto firm owned by Barry Silbert.  What Happened: The mediation process also involves Digital Currency Group, or DCG, Unsecured Creditors Committee and an ad-hoc Creditor Committee led...

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The world's largest Bitcoin fund, the Grayscale Bitcoin Trust (OTCQX: GBTC) surged on Monday, outperforming all other risk assets including Bitcoin (CRYPTO: BTC), as a weekend deadline to resolve a key issue with crypto lender Gemini passed by without...

Intel Corporation (NASDAQ: INTC) reported its first quarter results, which prompted a notable bear analyst to upgrade the stock. The Analyst Bernstein's Stacy Rasgon upgraded Intel from Underperform to Market Perform with a price target lifted from $38 to $54. The Thesis Rasgon's prior...

Intel Corporation (NASDAQ: INTC) reported first-quarter results Thursday afternoon that KeyBanc Capital Markets described as a "blowout."   The Analyst KeyBanc's Michael McConnell maintains an Overweight rating on Intel's stock with a price target lifted from $60 to $...

Shares of Intel Corporation (NASDAQ: INTC) have "performed well" lately, and Raymond James said in a Monday note that the  Silicon Valley company has zero negative catalysts on the horizon that would prompt Wall Street to revise estimates lower. The Analyst Raymond James' Chris...