First Mover Americas: Crypto Winter Chills at Digital Currency Group, Coinbase

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First Mover Americas: Crypto Winter Chills at Digital Currency Group, Coinbase
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In the wake of the collapse of FTX_Official, more $BTC is being held in self-custody in offline thumb drives instead of in central exchanges.

Digital Currency Group, a crypto conglomerate that owns CoinDesk, is suspending its dividends

until further notice."In response to the current market environment, DCG has been focused on strengthening our balance sheet by reducing operating expenses and preserving liquidity. As such, we have made the decision to suspend DCG's quarterly dividend distribution until further notice,” the firm wrote in a letter to shareholders on Tuesday.citing"market conditions." Customers have until Feb.

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