Gemini Is Working With Genesis to Find Solution for Earn Users
Crypto exchange Gemini revealed working closely with Genesis Trading and its parent company Digital Currency Group, Inc, to find a solution for Earn users to redeem their funds. In a…
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Genesis Sought $1B Loan Before Halting Redemptions
Early this week, crypto lending firm Genesis sought a $1 billion emergency loan from investors without success before halting withdrawals Wednesday. Genesis Sought Emergency Loan Genesis Global Trading sought an...
US crypto exchanges lead Bitcoin exodus: Over $1.5B in BTC withdrawn in one week
Cold feet are in charge as exchange users continue to move Bitcoin from exchanges to non-custodial wallets.
Gemini Recovers From Services Outage Following Genesis Withdrawal Freeze
Gemini – the crypto exchange founded by the Winklevoss twins in 2014 – experienced sweeping service disruptions shortly after Genesis froze customer withdrawals on Wednesday. The firm later clarified that…
FTX Contagion: Genesis and Gemini Hit in Crypto Chaos
Genesis Global Capital has temporarily suspended redemptions and new loan originations following the spectacular collapse of the FTX cryptocurrency exchange. Genesis, Gemini Hit by FTX Contagion Early signs of contagion...
FTX collapse could see crypto sector layoffs accelerate
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
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…
Stablecoin GUSD’s Supply Jumps Close to 130% Higher in 30 Days
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…
Fidelity to beef up crypto unit by another 25% with 100 new hires
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
Despite the shift, Cameron and Tyler Winklevoss continue to run the cryptocurrency exchange's global operations.
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