Category: Digital Currency Group

DCG leads $205M growth fund for The Graph

February 17, 2022

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The Graph launched its mainnet in December 2020 and is already being used by leading DeFi protocols and EVM-centric chains. 1263 Total views 39 Total shares 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 […]

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ZCash surges 7% after Digital Currency Group CEO announces $85M purchase

December 1, 2021

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The price of ZEC surged to $243.84 following Silbert’s announcement but has still fallen more than 20% since reaching a six-month high of more than $300 on Thursday. 156 Total views 29 Total shares Digital Currency Group CEO and founder Barry Silbert has purchased more ZCash to add to his company’s coffers as the price […]

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ZEC price jumps 20% in one day as Zcash devs unveil transition to Proof-of-Stake

November 20, 2021

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Zcash (ZEC) surged by nearly 20% in the past 24 hours, helped by the euphoria surrounding its core protocol’s decisive transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS). The ZEC price logged an intraday high at $188.80 on Binance after rising two days in a row by more than 27%. The cryptocurrency’s move upside also wiped […]

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Foundry USA becomes second-largest Bitcoin mining pool amid China ban

November 20, 2021

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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. 3970 Total views 27 Total shares New York-based crypto-mining service provider Foundry USA takes the lead to become the world’s second-largest Bitcoin (BTC) mining pool after taking up a 15.42% share of the network. […]

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Digital Currency Group backs South Korean crypto exchange operator

May 6, 2021

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Streami, the company behind the popular GOPAX exchange, has received direct funding from Digital Currency Group. 8101 Total views 27 Total shares Digital Currency Group, the venture capital firm behind some of the biggest companies in blockchain, has become the second-largest shareholder of Streami, a leading cryptocurrency exchange operator in South Korea.  Barry Silbert, founder […]

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Grayscale parent firm DCG to expand GBTC buy limit by $500M

May 3, 2021

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Digital Currency Group has purchased a total of $194 million worth of GBTC shares so far. 1111 Total views 11 Total shares Digital Currency Group, the parent company of digital asset manager Grayscale Investments, is now authorized to purchase up to $750 million worth of shares of Grayscale Bitcoin Trust. The company announced Monday that […]

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Digital Currency Group’s crypto mining arm enters top 10 global mining pools

January 26, 2021

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Foundry entered the cryptocurrency mining game in August 2020. 2755 Total views 17 Total shares Foundry, a wholly owned cryptocurrency mining subsidiary of Digital Currency Group, or DCG, has entered the top 10 largest Bitcoin (BTC) mining pools in the world. The firm’s CEO, Barry Silbert, announced the news on Tuesday, predicting that Foundry will soon […]

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