Crypto exchange Gemini took to Twitter on March 8 to deny rumors about terminating its banking relationship with United States financial conglomerate JPMorgan. In a brief and straightforward message, ...
Tag: Geminis
Gemini’s stablecoin loses USD peg amid OKX delisting
Gemini-backed stablecoin Gemini Dollar(GUSD) has lost its parity with the US Dollar, falling by 0.84% to $0.9851 in the last 24 hours, according to CryptoSlate’s data. Available data shows that the st...
Gemini’s Cameron Winklevoss Threatens Legal Action Against DCG CEO After Genesis Bankruptcy Filing
But things went south in November when Genesis suspended redemptions and new loan originations after making a series of bad loans to crypto firms Three Arrows Capital and FTX, both of which later woun...
Will MakerDAO hold Gemini’s GUSD in its reserve? Early voting numbers suggest…
MakerDAO’s community is voting to decide if Gemini’s GUSD should be maintained in its reserves. Early poll stats suggest that the stablecoin will be retained by the DeFi lender. Leading DeFi platform ...
Gemini’s Winklevoss, DCG’s Silbert spar over frozen funds on Genesis
Gemini co-founder Cameron Winklevoss accused Digital Currency Group head Barry Silbert of “bad faith stall tactics” and comingling funds at his conglomerate in a pointed open letter posted...
Gemini’s Winklevoss Slams DCG CEO Silbert for ‘Bad Faith Stall Tactics’ Over $900M in Locked Funds
Crypto broker Genesis, owned by Digital Currency Group (DCG), is in a bad spot. The company’s lending arm halted customer withdrawals in November amid the downfall of FTX, and it reportedly owes users...
Can Gemini’s Creditor Committee resolve the Genesis, DCG liquidity crisis
The Gemini creditor committee presented a plan to Genesis and DCG to resolve their liquidity issues Genesis and DCG owe $900 million to Gemini Gemini, as of 21 December, provided an update to its use...
Troubled Crypto Firm Genesis Owes Gemini’s Customers $900 Million (Report)
The cryptocurrency brokerage platform – Genesis – and its parent company Digital Currency Group (DCG), reportedly owe customers of Gemini approximately $900 million. Genesis has been coping with seve...
Crypto lender Genesis owes nearly $1B to Gemini’s customers
According to a story that was made public by the Financial Times on December 3 and cited persons with knowledge of the matter, cryptocurrency lender Genesis and its parent firm, Digital Currency Group...
Crypto lender Genesis allegedly owes $900M to Gemini’s clients: Report
Crypto lender Genesis and its parent company Digital Currency Group (DCG) allegedly owes $900 million to Gemini’s clients, according to a Financial Times report disclosed on Dec. 3 citing people...
Cameron Winklevoss steps down from Gemini’s European board
Cameron Winklevoss, a co-founder of cryptocurrency exchange Gemini, has stepped down from the European company board of directors, according to a Companies House filing from Oct. 12. As indicated in a...
What Happened to Nifty Gateway? How Gemini’s NFT Marketplace Fumbled the Bag
Key Takeaways Nifty Gateway emerged as an NFT market leader by focusing on leading crypto artists and celebrities. It failed to capitalize on key NFT trends as the space boomed and faded into irreleva...
Gemini’s Legal Troubles Continue With New IRA Lawsuit
After the CFTC, the Gemini Trust Co. has now been sued by the IRA over the former’s failure to prevent a hack that resulted in pension fund losses amounting to $36 million. IRA Sues Gemini The crypto ...
Gemini’s Noah Perlman on Why He’s Not Spending His Bitcoin and Compliance as ‘Competitive Advantage’
Crypto exchange Gemini has gained a reputation for its ethos of prioritizing compliance and security over listing the latest memecoins. This focus starts at the top. Chief Operating Officer Noah Perl...
Gemini’s report on the crypto market
According to Gemini’s latest report, nearly one in five Britons owns crypto in their portfolio, a considerable increase of 15% on the previous year. The most interesting figure is the percentage of w...
Samsung and Gemini’s Nifty Gateway Team up to Create Smart TV NFT Platform
Nifty Gateway, which is owned by Gemini, has announced a collaboration with Samsung to create the first-ever smart TV NFT platform for exploring, purchasing and trading digital art and collectibles. N...