Today in crypto, the Securities and Exchange Commission has charged Digital Currency Group and former Genesis CEO for misleading investors. New data has revealed that Bitcoin-based decentralized finance applications had a breakout year in 2024, and a

Digital Currency Group (DCG) and Soichoro “Michael” Moro, the former CEO of its now-defunct Genesis subsidiary, have agreed to pay a combined $38.5 million in civil penalties to settle securities fraud charges with the U.S. Securities and Exchange Co

By Vicky Ge HuangCrypto company Digital Currency Group agreed to pay a $38 million fine to settle with the Securities and Exchange Commission over allegations of negligence in overseeing a program offered by its now-defunct lending subsidiary Genesis

The United States Securities and Exchange Commission has charged Digital Currency Group (DCG) and former Genesis CEO Soichoro “Michael” Moro with misleading investors about the financial health of Genesis in the aftermath of the Three Arrows Capital

Global investment firm Digital Currency Group agreed to settle and pay $38 million to the U.S. Securities and Exchange Commission on Friday over allegations that it misled investors via crypto lender Genesis Global Capital, LLC. The SEC said that one

Decentralized data storage platform Arweave has soaring ambitions.Aside from the fact that the company is aiming to create data archives capable of storing the entirety of human knowledge and history, Arweave has now packed encrypted data, stored usi

Genesis creditor, who received 114,000 ETH in August, has started dumping ETH. The creditor sold nearly $31 million worth of ETH starting Sept. 3. The ...

STEPN GO, a Web3 lifestyle app with Game-Fi and social-fi elements, is partnering with Adidas for a new NFT project. The project gained significant attention in May 2022, ranking fourth in Solana Ignition Global Hackathon’s gaming track and achieving

In the highly sophisticated social engineering scheme this past August 19, 2024, a lone Genesis creditor became the mark of a heist among three principals, namely Greavys, alias Malone Iam; Wiz, alias Veer Chetal; and Box, alias Jeandiel Serrano. In

Solana Labs subsidiary, Solana Mobile, has unveiled the Seeker, its second-generation web3 smartphone set for release in 2025 during Token2049. Emerging from its “Chapter Two” stealth phase, the device has secured over 140,000 pre-orders across 57 co

Three individuals executed a $243 million crypto theft from a single Genesis creditor in August, employing advanced social engineering tactics, according to blockchain investigator ZachXBT. The perpetrators, identified as Greavys (Malone Iam), Wiz (V

A subsidiary of Barry Silbert’s Digital Currency Group (DCG) that collapsed during the last crypto winter has started repaying its creditors after completing bankruptcy restructuring. In a new press r

Wallets linked to bankrupt crypto lender Genesis moved $1.1 billion in bitcoin and $521 million in ether on Friday, likely to repay creditors.

Genesis's large crypto movement and subsequent market dip highlight ongoing volatility and the broader impact of institutional actions on crypto stability. The post Genesis moves $1.5 billion in BTC a

Genesis Trading, a major industry player currently navigating bankruptcy proceedings, continues to liquidate substantial Bitcoin holdings. In a move that has caught the attention of investors and analysts alike, the company has transferred 600 Bitcoi

German authorities sold 10,567 BTC worth $600 million today, significantly contributing to an 18% drop in Bitcoin’s price over the past month, alongside sell-offs from Mt. Gox and Genesis Trading. As of 1:00 p.m. EST, Thursday, July 11, the wallets…