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CryptoCurrency
Gemini’s Founders Face Scrutiny over $280M Crypto Withdrawal amid Genesis Crisis
2023-09-28T19:06:50.192+02:00
This move raised questions about whether the funds were personal or corporate assets.
The timing of their withdrawal, just before the Genesis crisis, has raised controversy.
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CryptoCurrency
Genesis’ Exit: Crypto Lender Shuts Down All Trading Operations
2023-09-14T19:57:35.649+02:00
The crypto lender is handling disputes with FTX and Gemini.
The closure of its operations affects both U.S. and international trading desks.
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CryptoCurrency
Gemini Fires Back: Challenges SEC’s 'Inconsistent' Claims in Lawsuit
2023-08-21T10:10:53.748+02:00
The crypto exchange argues that the SEC failed to clearly identify its claims.
Gemini has also highlighted the SEC’s shifting argument in the reply memorandum.
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CryptoCurrency
Digital Currency Group Seeks Dismissal of Gemini’s Fraud Allegation
2023-08-10T20:21:49.727+02:00
The conglomerate has denounced the exchange's claims as a 'public relations campaign'.
DCG claims the lawsuit brought by Gemini lacks sufficient evidence.
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CryptoCurrency
Gemini Sues DCG, Founder Barry Silbert over Genesis’ Debit in Earn Program
2023-07-07T22:45:20.675+02:00
The exchange said that DCG lied about absorbing Genesis' 3AC losses.
DCG in a statement called Gemini's lawsuit another 'publicity stunt'.
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CryptoCurrency
Gemini Expands APAC Operations with New Hires and Engineering Hub
2023-06-20T21:00:25.145+02:00
The exchange is seeking to establish itself outside the United States.
Gemini also stated it is building its second-largest engineering hub in India.
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CryptoCurrency
Crypto.com Gains Singapore License; Gemini Eyes the UAE
2023-06-01T10:10:51.731+02:00
Crypto.com obtained the license after an in-principal approval in June 2022.
Gemini did not specify when it will launch its UAE operations.
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CryptoCurrency
Winklevoss Twins Shift Crypto Exchange Gemini to Dublin, Bypassing London
2023-05-26T09:16:26.127+02:00
Gemini is moving its European headquarters.
Initial reports suggested London, but in the end, it settled on Dublin.
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CryptoCurrency
From Silicon Valley to London: Winklevoss Twins Plot Crypto Pivot
2023-05-25T10:01:02.078+02:00
Facing tough US regulations, the Winklevoss twins consider relocating the Gemini exchange to the UK.
Previously, due to this reason, the company has cut employment three times.
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CryptoCurrency
Philippines SEC Says Gemini’s Derivatives Exchange Is ‘Unregistered’
2023-05-23T07:10:20.262+02:00
Gemini launched its crypto derivatives platform last month.
The platform went live in the Philippines and dozens of other countries.
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CryptoCurrency
Coinbase Launches International Crypto Derivatives Exchange
2023-05-02T17:44:15.763+02:00
Gemini's new crypto derivatives platform opened for trading earlier on Monday.
Both moves come as regulatory pressure mount on crypto firms in the United States.
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CryptoCurrency
Gemini Foundation Takes Flight with New Crypto Derivatives Platform outside US
2023-04-24T11:28:47.248+02:00
Gemini will offer crypto derivatives trading outside of the country.
A rising number of crypto exchanges are moving their services due to the regulatory pressures in the US.
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News
Winklevoss Twins' Gemini Files for Pre-Registration in Canada
2023-04-14T10:42:10.573+02:00
Crypto exchanges need to register themselves to continue operations in Canada.
Paxos recently decided to shutter its Canadian operations.
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CryptoCurrency
Winklevoss Twins Loaned $100M to Their Crypto Exchange Gemini
2023-04-11T09:35:35.240+02:00
The proceeds will be used for operational purposes.
Gemini significantly reduced its staff in recent months.
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CryptoCurrency
Gemini Explores to Launch Global Crypto Derivatives Trading Platform
2023-03-30T08:37:40.437+02:00
Coinbase is considering similar options.
Growing regulatory pressure from the SEC may be a reason.
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CryptoCurrency
Barry Silbert's DCG Sells Grayscale Assets to Raise Funds
2023-02-07T12:51:00.252+02:00
The company is selling the assets at half price.
The funds will be used to repay creditors of the bankrupt lending business.
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CryptoCurrency
Third Time's the Charm? Gemini Cuts its Workforce Once Again
2023-01-24T12:23:32.419+02:00
Gemini cut jobs by 10% in June and then by 7% in July 2022.
The third round of layoffs comes when the crypto prices are strongly rebounding.
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CryptoCurrency
Genesis is Reportedly Preparing to File for Bankruptcy within Days
2023-01-19T10:10:04.835+02:00
It is one of the many companies to collapse along with FTX.
The SEC recently charged Genesis and Gemini for selling unregistered securities.
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CryptoCurrency
SEC Takes Gemini, Genesis to Court for Selling Unregistered Securities
2023-01-13T10:29:26.122+02:00
Genesis halted the withdrawals amid a liquidity crunch.
It owes about 340,000 Gemini Earn customers almost $900 million.
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CryptoCurrency
Winklevoss’ Feud with Genesis Leads to Earn Users’ Class-Action Request
2023-01-03T10:38:38.169+02:00
Barry Silbert denied that Genesis borrowed $1.675 billion from Gemini.
The feud led three Gemini Earn customers to file a class-action arbitration request.
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News
Gemini, Winklevoss Twins Face Class-Action Lawsuit over Lending Products
2022-12-29T08:32:39.587+02:00
Gemini Earn abruptly halted redemption in mid-November.
The plaintiffs are blaming Gemini for failing to register the products as securities.
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CryptoCurrency
Gemini Gains Crypto Licenses in Italy and Greece
2022-12-01T14:31:17.109+02:00
The licenses will ensure its European expansion.
Its crypto lending arm is in trouble after suspending withdrawals.
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Exchanges
Gemini Launches Its Crypto Services in Six European Countries
2022-10-31T23:27:17.267+02:00
The countries are Denmark, Sweden, Portugal, Czechia, Latvia and Liechtenstein.
Gemini recently gained a VASP status in Ireland.
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CryptoCurrency
Cameron Winklevoss Leaves Gemini Europe Directorate
2022-10-18T12:42:26.995+02:00
Gemini has terminated Blair Halliday.
One of the directorate's roles was taken by Gillian Lynch from Gemini Ireland.
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News
Crypto Whale Transfers 4,000 Bitcoin to Gemini
2022-08-24T10:00:41.427+02:00
The total value of the transaction currently stands at around $86 million.
BTC network activity has decreased significantly in the past few weeks.
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