Silence from Digital Currency Group's Genesis spooks crypto

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Silence from Digital Currency Group's Genesis spooks crypto
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As the market awaits an update this week, Crypto Twitter has been on edge.

, or DCG, founded by Barry Silbert in 2015, is among the largest crypto companies, sporting a valuation of $10 billion just last year., from public companies including Coinbase Global to well-known private shops Ripple and Ledger.responded to Axios' emailed queries.

In that announcement, it said it would "temporarily suspend" services, citing "unprecedented market turmoil" related to FTX's collapse that was driving customers to ask for withdrawals."We have hired the best advisors in the industry to explore all possible options," Genesis Trading tweeted then. "Next week, we will deliver a plan for the lending business.

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