The U.S. Securities and Exchange Commission (SEC) has imposed a $ 38 million fine on Digital Currency Group (DCG), accusing the company of negligence in misleading investors about the financial stability of its subsidiary, Genesis Global Capital (GGC). SEC Alleges Misleading Practices by Digital Currency Group and Genesis Global Capital This case raises pressing …
Genius Group to Expand Bitcoin Holdings With $33 Million Rights Issue
Genius Group intends to invest 100% of the proceeds from the $ 33 million rights issue into the acquisition of more bitcoin. Bitcoin is Genius Group’s Favorite Investment Asset Genius Group, an artificial intelligence (AI)-based educational tech company has announced a $ 33 million rights offering for the company’s ordinary stock with all …
Genius Group Advances Bitcoin-First Strategy, Accumulates 319.4 BTC Through New Purchases
Genius Group, an AI-based educational tech company, has purchased $ 10 million worth of bitcoin to further its “bitcoin first” strategy. The company aims to invest 90% or more of its reserves in bitcoin, striving to reach an initial target of $ 120 million. Genius Group Moves to Acquire $ 10 Million …
Join the Top 1% of Web3: VAP Group Presents Global Blockchain Show in Dubai
PRESS RELEASE. Dubai, October 17, 2024: The Global Blockchain Show is pleased to announce its second edition, taking place on December 12 and 13, 2024 at the Grand Hyatt Exhibition Centre, Dubai. Organized by Web3 and artificial intelligence consulting giant VAP Group, the two-day show will provide an opportunity to network with the top 1% […]
US Targets Lazarus Group and APT38 in $879M Crypto Forfeiture Complaint
Offshore Alert reporter David Marchant disclosed the United States has initiated two forfeiture complaints related to previously confiscated bitcoin (BTC) and tether (USDT), alleging that these funds were snatched by the notorious North Korean hacking groups Lazarus Group and Advanced Persistent Threat 38 (APT38). These cyber hacking syndicates are known for their operations to fund […]