Thursday, February 15, 2024

A US judge approves Genesis' plan to sell ~$1.6B in Grayscale crypto trust shares to repay creditors, including 35M GBTC shares, worth ~$1.38B (Dietrich Knauth/Reuters)

Dietrich Knauth / Reuters:
A US judge approves Genesis' plan to sell ~$1.6B in Grayscale crypto trust shares to repay creditors, including 35M GBTC shares, worth ~$1.38B  —  Bankrupt crypto lender Genesis Global on Wednesday received permission from a U.S. court to sell about $1.6 billion in Grayscale cryptocurrency trust shares …



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Global DRAM supply is likely to meet only 60% of demand through 2027; memory to hit ~40% of low-end smartphone manufacturing costs by mid-2026, up from 20% now (Nikkei Asia)

Nikkei Asia : Global DRAM supply is likely to meet only 60% of demand through 2027; memory to hit ~40% of low-end smartphone manufacturin...