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Gemini gets regulatory greenlight in Italy, Greece amid lending halt
30.11.2022
Winklevoss’ Gemini exchange received the latest regulatory approvals days before its lending product Gemini Earn faced major issues
Crypto Firm Genesis Struggles to Raise Fresh Capital, In Talks with Binance – Next Domino to Fall From FTX Contagion?
22.11.2022
The troubled crypto trading firm Genesis is reportedly struggling to raise fresh funds for its lending unit - and may be headed into bankruptcy.
According to Bloomberg, citing people with knowledge of the matter, the company has spent the past several days looking to raise a minimum of $1 billion...
Binance Now Holds Nearly 600,000 Bitcoin Worth $9.6 Billion – Largest BTC Holder in the World?
21.11.2022
The Bitcoin balance of Binance, the world's largest cryptocurrency exchange, has more than doubled over the past 10 days, nearing 600,000.
According to data by crypto analytics platform Coinglass, Binance currently holds over 575,000 BTC coins, having added more than 137,011 coins just over...
Troubled Crypto Firm Genesis Sought $1 Billion Emergency Loan Before Suspending Withdrawals – This is What Happened
18.11.2022
The troubled crypto lending and trading firm Genesis had sought an emergency loan of $1bn before closing redemptions for clients earlier this week.
Details about the emergency loan sought by Genesis was shared by the Wall Street Journal on Thursday, with the newspaper citing a confidential...
US crypto exchanges lead Bitcoin exodus: Over $1.5B in BTC withdrawn in one week
17.11.2022
Cold feet are in charge as exchange users continue to move Bitcoin from exchanges to non-custodial wallets
Crypto Exchange Gemini Suffers $485M Rush of Outflows Amid Contagion Fears
17.11.2022
Gemini suspended its yield-earning program, shaking users’ confidence in the exchange
Tether Says It Had No Exposure to Genesis Global and Gemini Earn, Crypto Experts Are Doubtful
17.11.2022
Tether, the issuer of the major stablecoin USDT, denied having exposure to either Genesis Global Capital or Gemini Earn yield product.
The company said in an announcement that it was “operating business as usual,” claiming that,
“With recent news surrounding Genesis today, Tether would like...
Tether says it has no exposure to Genesis Global or Gemini Earn
16.11.2022
The stablecoin operator said the reliability of its reserves is important to highlight “at a time like this.” Tether has historically had issues with transparency
FTX Latest - Crypto Prices Slip as Contagion Hits BlockFi, Genesis and Gemini, Hacker ID Known, Auditors and VCs Fail, Class Action Lawsuit Filed
16.11.2022
BlockFi, Genesis and Gemini are the latest crypto victims of FTX contagion.
The Wall Street Journal reports that crypto lender BlockFi is preparing for bankruptcy while today Genesis announced that it was halting redemptions on its lending product and would stop making new loans.
It is claimed...
FTX collapse could see crypto sector layoffs accelerate
15.11.2022
While the full impact of FTX’s collapse is still unfolding, some have already warned of an increase in layoffs to come “in the months to follow.”
Crypto Market Rout Fuels Global Exchange Volumes — Kraken, Coinbase Report Connectivity and Latency Delays
9.11.2022
Amid the market carnage on Tuesday, Nov. 8, the top ten cryptocurrency exchanges have seen trade volumes soar. During the 24-hour period on Tuesday, the top five exchanges alone recorded more than $60 billion in trade volume. Out of the top ten crypto exchanges by trade volume, exchanges...
Gemini expands its geographic presence
8.11.2022
Gemini is now in more locations with the recent addition of Cyprus, Croatia, Hungary, Slovenia, and Romania to the list. The news was shared by Gillian Lynch, the Head of Ireland and the EU for Gemini. Users in Cyprus, Croatia, Hungary, Slovenia, and Romania can now store, buy, and sell more than...
Stablecoin GUSD’s Supply Jumps Close to 130% Higher in 30 Days
7.11.2022
While the stablecoin economy has seen fluctuations from specific stablecoin tokens either increasing the project’s number of tokens in circulation or decreasing the supply, the stablecoin GUSD issued by Gemini has increased by 129.5% during the last 30 days. GUSD Sees Supply Balloon...
Crypto News Summary: UK Santander to Block Payments to Exchanges, BTC 50K Silk Road Guilty Plea, Ledger Live & Solana Mobile Stack Integration
7.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: UK Santander to Block Payments to Exchanges, BTC 50K Silk Road Guilty Plea, Ledger Live & Solana...
Fidelity to beef up crypto unit by another 25% with 100 new hires
24.10.2022
The Digital Assets division within Fidelity Investments will have around 500 total staff members by the first quarter of 2023, according to a spokesperson
Cameron Winklevoss steps down from Gemini's European board
17.10.2022
Despite the shift, Cameron and Tyler Winklevoss continue to run the cryptocurrency exchange's global operations
Crypto News Summary: Bitstamp Integrates PayPal, Dubai Police Works in Metaverse
17.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: Bitstamp Integrates PayPal, Dubai Police Works in Metaverse
Cameron Winklevoss Steps Down as Director of Gemini Europe
17.10.2022
Cameron Winklevoss, who founded crypto exchange with his twin brother Tyler in 2014, has stepped down as a director of its European division
Australian Regulator Suspends Holon's Crypto Funds Managed by Gemini
17.10.2022
The Australian security regulator has suspended Sydney-based Asset manager Holon Investments from offering or distributing three crypto funds to retail investors for 21 days
Kraken Appoints Former Gemini UK Head as Its New UK Managing Director
14.10.2022
Crypto exchange Kraken has appointed Gemini's former UK chief Blair Halliday as its new UK managing director