Digital Currency Group Owes Genesis Trading Arm $575 Million by May
Digital Currency Group (DCG) CEO Barry Silbert recently shared a letter with investors illuminating the cryptocurrency conglomerate’s web of external...
Arm
FTX arm Alameda, affiliates have over US$5 billion in liabilities
Alameda Research and its affiliates had about US$5.1 billion in liabilities as of Sept. 30, according to a bankruptcy court...
Genesis Halts Withdrawals for its Lending Arm Following FTX’s Collapse
Crypto brokerage firm Genesis Global Trading has paused withdrawals for its lending business, which has been impacted by the FTX...
Meta AR/VR arm adds to mounting losses for Facebook parent company
Facebook’s parent company Meta reported its metaverse division Reality Labs lost US$3.7 billion in the third quarter of this year,...
Fidelity’s Crypto Arm to Provide ‘Institutional Ethereum Capabilities’
Fidelity Digital Assets – the cryptocurrency subsidiary of the finance giant Fidelity Investments – will allow its institutional clients to...
Grayscale announces new arm to invest in Bitcoin mining hardware
Grayscale plans to buy mining equipment at discounted prices and offer co-investment opportunities to accredited investors. Source link
SBI Group Crypto Arm Wins Singapore Securities License
The license will allow SBI Digital Markets to advise on corporate finance, dealing in capital markets products and provide custodial...
Singapore’s financial authority grants license to SBI’s digital asset arm
The Monetary Authority of Singapore, or MAS, has granted SBI Digital Markets, a subsidiary of the digital asset arm of...
MAS grants capital markets license to SBI’s digital asset arm
Author profilePradipta Mukherjee is a business reporter and has worked for Bloomberg News and Business Standard in India. An MBA...
Ethereum mining machine maker Sunlune concludes ‘tens of millions’ Series A with chipmaker Intel’s investment arm
Chinese Ethereum mining rig maker Sunlune has concluded its Series A fundraising with “tens of millions” of US dollars from...