Tag Archives: BISV08

Crypto exchange Bitvavo says 280 million euros ‘locked’ at DCG

AMSTERDAM, Dec 16 (Reuters) – Bitvavo, a Dutch cryptocurrency exchange, said on Friday it has 280 million euros ($296.30 million) locked at Digital Currency Group (DCG), a U.S.-based company. “DCG is currently experiencing liquidity problems … As a result, DCG has suspended repayments until this liquidity issue has been resolved,” …

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Foxconn unit to sell stake in Chinese chip firm Unigroup

TAIPEI, Dec 17 (Reuters) – Taiwan’s Foxconn (2317.TW), the world’s largest contract electronics maker, said on Friday its subsidiary in China has agreed to sell its entire equity stake in embattled Chinese chip conglomerate Tsinghua Unigroup. Taiwan has turned a wary eye on China’s ambition to boost its semiconductor industry …

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