net_left adver left

DCG's crypto broker Genesis owes creditors more than $3 billion - source

Friday, January 13, 2023
DCG's crypto broker Genesis owes creditors more than $3 billion - source © Reuters. Word "Crypto" and stock graph are seen through magnifier displayed in this illustration taken September 4, 2022. REUTERS/Dado Ruvic/Illustration

By Manya Saini and Hannah Lang

(Reuters) -Crypto broker Genesis owes creditors more than $3 billion, a person familiar with the matter told Reuters, as woes pile up for its owner, venture capital company Digital Currency Group (DCG).

DCG is considering offloading parts of its venture capital holdings to raise money, the Financial Times reported Thursday. DCG's portfolio includes 200 crypto-related projects such as exchanges, banks and custodians in at least 35 countries, and are worth about $500 million, the report added.

Genesis declined to comment. DCG did not immediately respond to a request for comment.

Several crypto companies have lately been under pressure as they try to navigate unprecedented industry-wide turmoil amid waning investor appetite for digital assets after major exchange FTX blew up late last year.

Earlier this month, Genesis – which brokers digital assets for financial institutions like hedge funds and asset managers -cut 30% of its workforce in a second round of layoffs in less than six months, according to a person familiar with the matter.

Meanwhile, its parent DCG saw calls from Cameron Winklevoss, co-founder of crypto exchange Gemini, for the removal of DCG's chief executive officer, Barry Silbert, earlier this week amid tensions between the high-profile executives.

Stamford, Connecticut-based DCG is also the parent company of several high-profile crypto firms, including crypto asset manager Grayscale.

Leave your comment
HOT AUTO TRADE BOT SOFTWARE adver right
APPROVED BROKERS
net_home_top HOT AUTO TRADE BOT SOFTWARE
24-03-2023 23:30:06 (UTC+7)

EUR/USD

1.0759

-0.0071 (-0.66%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (4)

Sell (2)

EUR/USD

1.0759

-0.0071 (-0.66%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (4)

Sell (2)

GBP/USD

1.2225

-0.0060 (-0.49%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (6)

USD/JPY

130.71

-0.10 (-0.07%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

AUD/USD

0.6640

-0.0043 (-0.64%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (6)

USD/CAD

1.3752

+0.0039 (+0.28%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (9)

EUR/JPY

140.63

-1.03 (-0.73%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

EUR/CHF

0.9875

-0.0050 (-0.51%)

Summary

Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (5)

Gold Futures

1,987.70

-8.20 (-0.41%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Silver Futures

23.295

+0.039 (+0.17%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

Copper Futures

4.0663

-0.0572 (-1.39%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (8)

Crude Oil WTI Futures

68.62

-1.34 (-1.92%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (9)

Brent Oil Futures

74.38

-1.53 (-2.02%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (10)

Natural Gas Futures

2.201

+0.047 (+2.18%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

US Coffee C Futures

179.30

+5.00 (+2.87%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Euro Stoxx 50

4,123.85

-83.29 (-1.98%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (11)

S&P 500

3,938.19

-10.53 (-0.27%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (11)

DAX

14,945.85

-264.54 (-1.74%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (7)

FTSE 100

7,401.96

-97.64 (-1.30%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (10)

Hang Seng

19,915.68

-133.96 (-0.67%)

Summary

Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (2)

Sell (5)

US Small Cap 2000

1,728.25

+5.05 (+0.29%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (9)

IBEX 35

8,781.82

-188.18 (-2.10%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (8)

BASF SE NA O.N.

45.865

-0.510 (-1.10%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (9)

Bayer AG NA

55.52

-0.42 (-0.75%)

Summary

Neutral

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (2)

Sell (7)

Allianz SE VNA O.N.

204.90

-1.90 (-0.92%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (1)

Sell (8)

Adidas AG

140.90

-1.40 (-0.98%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Deutsche Lufthansa AG

9.355

-0.488 (-4.96%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Siemens AG Class N

140.35

-4.83 (-3.33%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

Deutsche Bank AG

8.528

-0.808 (-8.65%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (8)

 EUR/USD1.0759Neutral
 GBP/USD1.2225↑ Sell
 USD/JPY130.71↑ Buy
 AUD/USD0.6640↑ Sell
 USD/CAD1.3752↑ Sell
 EUR/JPY140.63↑ Buy
 EUR/CHF0.9875Sell
 Gold1,987.70↑ Sell
 Silver23.295↑ Sell
 Copper4.0663↑ Sell
 Crude Oil WTI68.62↑ Sell
 Brent Oil74.38↑ Sell
 Natural Gas2.201↑ Sell
 US Coffee C179.30↑ Buy
 Euro Stoxx 504,123.85↑ Sell
 S&P 5003,938.19↑ Sell
 DAX14,945.85↑ Sell
 FTSE 1007,401.96↑ Sell
 Hang Seng19,915.68Sell
 Small Cap 20001,728.25↑ Sell
 IBEX 358,781.82↑ Sell
 BASF45.865↑ Sell
 Bayer55.52Neutral
 Allianz204.90Neutral
 Adidas140.90↑ Sell
 Lufthansa9.355↑ Sell
 Siemens AG140.35↑ Sell
 Deutsche Bank AG8.528↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,670/ 6,720
(10/ 10) # 1,031
SJC HCM6,665/ 6,735
(10/ 10) # 1,047
SJC Hanoi6,665/ 6,737
(10/ 10) # 1,049
SJC Danang6,665/ 6,737
(10/ 10) # 1,049
SJC Nhatrang6,665/ 6,737
(10/ 10) # 1,049
SJC Cantho6,665/ 6,737
(10/ 10) # 1,049
Cập nhật 24-03-2023 23:30:09
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,988.11-3.75-0.19%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V23.96024.430
RON 95-III23.03023.490
E5 RON 92-II22.02022.460
DO 0.05S19.30019.680
DO 0,001S-V20.56020.970
Dầu hỏa 2-K19.46019.840
ↂ Giá dầu thô thế giới
WTI$68.78+0.81.16%
Brent$74.17+0.931.24%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.310,0023.680,00
EUR24.686,0926.068,31
GBP28.041,8629.237,51
JPY175,83186,14
KRW15,7019,13
Cập nhật lúc 18:55:01 24/03/2023
Xem bảng tỷ giá hối đoái
adver main right