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According to sources, members of the Irish Football Association have approved a resolution calling on UEFA to suspend Israels participation in European competitions.On November 8th, the Russian Ministry of Defense reported that Russian armed forces launched a large-scale attack on Ukrainian military-industrial enterprises and related energy facilities using high-precision weapons from the night of November 7th to the early morning of November 8th, hitting all targets. The report stated that the high-precision weapons used by Russia included the Kinzhal hypersonic ballistic missile. Russian air defense systems shot down 178 Ukrainian drones and two guided-missile bombs in the past 24 hours. According to reports from the Ukrainian Air Force and various levels of government agencies on November 8th, from the night of November 7th to the early morning of November 8th, Russian forces launched a large-scale missile and drone attack on Ukraine, damaging energy and railway facilities in Poltava, Kharkiv, Kyiv, and Dnipropetrovsk regions. Emergency power outages were implemented in multiple areas, including Kyiv, Kyiv, and Kharkiv. As of the morning of November 8th, the attacks had resulted in four deaths. The Ukrainian State Electricity Company posted on social media that day that several Ukrainian regions were experiencing emergency power outages due to the airstrikes, and industrial users continued to experience power rationing.Egypts Ministry of Petroleum: A new shipment of liquefied natural gas, amounting to 150,000 cubic meters, has been exported to Greece via a vessel chartered from Shell.On November 8, Chicago Mayor Brandon Johnson addressed the UN Human Rights Council on November 7. Johnson stated that the US federal governments refusal to accept review by the Human Rights Council was an attempt to evade scrutiny. He argued that the Human Rights Council should apply the same accountability standards to the US federal government as it does elsewhere in the world, and that no country is above international law. Johnson called on the Human Rights Council to send independent experts to Chicago to investigate the challenges facing the city; he also urged the Council to take further accountability measures, including convening a special session to investigate the worsening human rights crisis in the United States. The UN Human Rights Council was scheduled to hold its fourth round of Universal Periodic Review (UPR) on November 7, but the US representative refused to attend, preventing the review from proceeding normally. The Human Rights Council adopted a decision that day urging the United States to resume cooperation with the UPR mechanism.Russian Ministry of Defense: Russian troops have occupied the village of Vovche in the Dnipropetrovsk region of Ukraine.

DCG Sells Grayscale Crypto Trust Shares to Raise Capital - FT

Aria Thomas

Feb 08, 2023 14:18

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The Financial Times reported on Tuesday that Digital Currency Group (DCG) is selling shares in some of its cryptocurrency funds at substantial discounts and has begun unloading its stakes in investment vehicles managed by affiliate Grayscale.


DCG, which is financed by SoftBank Group Corp, has suffered a series of setbacks, including the bankruptcy filing of its lending business Genesis, which owes creditors at least $3.4 billion. Genesis was brought down by a market collapse that also swept up exchange FTX and lender BlockFi.


DCG is reportedly attempting to raise funding to support its defunct lending operations under Genesis.


"This is merely part of our regular portfolio rebalancing," a DCG representative told Reuters in an email statement.


Grayscale did not reply quickly to a request for comment from Reuters.


Since January 24th, a fourth of DCG's ethereum fund shares have been sold, raising as much as $22 million in multiple trades, according to a publication citing U.S. regulatory records viewed by it.


According to the article, DCG has also taken steps to sell smaller blocks of shares in its Litecoin Trust, Bitcoin Cash Trust, Ethereum Classic Trust, and Digital Large Cap Fund.


In addition to Genesis, Barry Silbert's DCG manages a portfolio of crypto firms, including CoinDesk and Grayscale, a significant digital asset management company based in New York.