Digital asset manager Grayscale Investments has unveiled a new cryptocurrency fund dedicated to smart contract platforms excluding Ethereum, underscoring growing investor appetite for alternative blockchain networks. The Grayscale Smart Contract
Category: Digital Currency Group
Crypto Biz: Another billionaire admits he was wrong about Bitcoin, Feb. 25-Mar. 3Crypto Biz: Another billionaire admits he was wrong about Bitcoin, Feb. 25-Mar. 3
After spending years ridiculing Bitcoin and cryptocurrency, Wall Street’s billionaire class is finally warming up to the idea of virtual assets powering the digital economy. This week, Citadel founder and
DCG announces $250M share repurchase for Grayscale productsDCG announces $250M share repurchase for Grayscale products
Grayscale parent Digital Currency Group, better known as DCG, announced that it intends to repurchase up to $250 million in shares for various Grayscale investment products. The share repurchase program
DCG leads $205M growth fund for The GraphDCG leads $205M growth fund for The Graph
Blockchain data indexing protocol The Graph has launched a $205 million ecosystem fund to lure new developers to its platform, offering further evidence that venture capital firms were still keen
ZEC price jumps 20% in one day as Zcash devs unveil transition to Proof-of-StakeZEC price jumps 20% in one day as Zcash devs unveil transition to Proof-of-Stake
The massive upside move comes as a part of a rebound that started Friday after Electric Coin Company discussed the prospects of moving Zcash to proof-of-stake.
Foundry USA becomes second-largest Bitcoin mining pool amid China banFoundry USA becomes second-largest Bitcoin mining pool amid China ban
New York-based Foundry USA contributed to a 15.42% share of the network hash rate and is just 4,000 PH/s behind AntPool.
Finance Redefined: Acala wins Polkadot parachain, and Iota set to launch Shimmer, Nov. 12–19Finance Redefined: Acala wins Polkadot parachain, and Iota set to launch Shimmer, Nov. 12–19
Acala was victorious in Polkadot’s first parachain auction, Iota announced its staking network, and Uniswap liquidity providers lose money — all coming to you in this week’s Finance Redefined.
Digital Currency Group sells $700M of shares for investors to take profitsDigital Currency Group sells $700M of shares for investors to take profits
Digital Currency Group CEO and founder Barry Silbert didn’t sell any stock in the latest round.
Grayscale parent company expands GBTC purchase allocation to $1 billionGrayscale parent company expands GBTC purchase allocation to $1 billion
The new allocation extends DCG’s purchase authorization for the Grayscale Bitcoin Trust by $250 million.
Greenidge Joins Foundry USA, Deal Gives Bitcoin’s Fifth-Largest Pool 800 PetahashGreenidge Joins Foundry USA, Deal Gives Bitcoin’s Fifth-Largest Pool 800 Petahash
Greenidge Generation Holdings Inc., the mining firm based in Upstate New York, has announced the company has partnered with the Digital Currency Group mining and staking subsidiary Foundry Digital LLC.