
'Crypto King' Barry Silbert Doubles Down on AI Token Poised to Be the Next Zcash (ZEC)
Barry Silbert mirrors his early BTC and Zcash strategies, shifting institutional DCG capital to back Bittensor (TAO) as the next major AI scarcity play.

Barry Silbert mirrors his early BTC and Zcash strategies, shifting institutional DCG capital to back Bittensor (TAO) as the next major AI scarcity play.

Bitcoin reached $79,701.36 overnight and had round-tripped the move by midday in New York, leaving it flat over 24 hours. Ninety-three of the 123 largest non-stablecoin tokens are lower. Zcash holds a 56.3% weekly gain after DCG exchanged 85,705 ZEC for about $100 million of Grayscale's ETF, a swap

Grayscale said its Zcash ETF passed $500 million in assets two weeks after listing. A regulatory filing shows $100 million of that arrived from a company affiliated with the fund’s own sponsor. What the Filing Actually Says Grayscale told followers on Sept. 8 that the world’s only Zcash fund had surpassed $500 million in assets […]

Under a June 30 snapshot, a nonbinding 200,000-ZEC contribution would give DCG International about 34% of the enlarged fund.

Meanwhile, ZEC exploded by over 11% in the past 24 hours to exceed $560.

Grayscale has filed its fourth amendment to convert the Zcash Trust into an exchange-traded fund while disclosing that a Digital Currency Group subsidiary is considering an investment representing about 200,000 ZEC, currently worth roughly $110 million. According to an Aug.…

The potential Zcash ETF could impact market liquidity and regulatory perceptions of privacy coins, influencing future crypto investment trends.

While DCG is in discussions to contribute ~200,000 ZEC to the Grayscale fund, the potential transaction is nonbinding.
Barry Silbert flags a massive 60 MW power milestone for ZEC mining as DCG-backed Fortitude secures a new $4.7 million data center.

Fortitude Mining completed the cash acquisition of a 12.5 MW mining facility for a net outlay of about $4.7 million after credits.

DCG’s Fortitude Mining has entered into purchase agreements worth about $45 million for mining hardware and Nebraska infrastructure as it accelerates vertical integration in Zcash mining. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the […]

Bitcoin Magazine Crypto Giant DCG Warns Senate: Pass Clarity Act or Lose Ground to Singapore, UAE The crypto conglomerate is the latest to show support for the bill in its current form. This post Crypto Giant DCG Warns Senate: Pass Clarity Act or Lose Ground to Singapore, UAE first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .

Barry Silbert’s Zcash miner Fortitude Mining has published financials that paint a very different picture to its June pitch deck.

Fortitude Mining's expansion and merger could reshape altcoin mining, but reliance on Zcash and DCG's control pose significant risks.

The Digital Currency Group-owned Zcash miner brought its first greenfield site online as it looks to lower mining costs and advance plans to become a public company.

A U.S. judge revived a fraud claim against Barry Silbert and DCG in a Genesis Yield lawsuit while securities claims move ahead.

The class action centers on Genesis Yield, a lending program that let customers deposit crypto in exchange for interest payments.

Quid's confidence suggests a pivotal moment for Team Liquid, potentially reshaping perceptions of North American teams on the global stage.

The new investment vehicle arrives as asset managers expand TAO offerings and decentralized AI gains momentum following recent restrictions on Anthropic's models.

Zcash miner Fortitude Mining, a DCG subsidiary, wants to merge with a small-cap Nasdaq stock, HeartSciences Inc.