Gemini Financial News

05.01 / 00:11

business Gemini Digital Currency Group Time Financial Genesis tells clients it needs more time on financial woes after Gemini demands action

Derar Islim, interim CEO of crypto market maker and lender Genesis, has sent a letter to clients updating them on the company’s efforts to prop up its finances and resume withdrawals and new lending. The letter, sent on Jan. 4, comes two days after a Twitter exchange between Barry Silbert, CEO of Genesis’ owner the Digital Currency Group, and Cameron Winklevoss, cofounder of the Gemini crypto exchange, in which Winklevoss criticized Genesis’ handling of its problems.

04.01 / 08:13

business Ethereum Gemini Bitcoin Grayscale ETH trust nears record 60% discount as nerves continue over DCG

The Grayscale Ethereum Trust (ETHE) is trading at nearly a 60% discount to the underlying value of its assets, with shares falling 93% from its Jun. 2019 all-time high (ATH).

03.01 / 23:13

Ethereum Binance Gemini Bitcoin Rocky week 3 reasons why it could be a rocky week for Bitcoin, Ethereum and altcoins

Continuing with 2022’s trend, there is a lack of positive excitement in the crypto market. While Bitcoin (BTC) and altcoins have remained stagnant to start 2023, there are a few reasons why volatility could spike in January.

03.01 / 15:53

CEO Gemini BitStamp Executive Zodia Custody appoints former Bitstamp and Starling executive Julian Sawyer as CEO

Sawyer was Starling Bank's chief operating officer for four years, after which he moved into the cryptocurrency space via a brief stint at Gemini and then Bitstamp.“I am excited to begin working with Zodia Custody,” Sawyer says.

02.01 / 19:15

business BLOCK Gemini letter open Cameron Winklevoss pens open letter to Barry Silbert about Gemini’s blocked funds

Jan. 2 “marks 47 days since Genesis halted withdrawals,” Cameron Winklevoss, cofounder of the cryptocurrency exchange Gemini, pointed out in an open letter to Barry Silbert, CEO of the Digital Currency Group (DCG), which owns Genesis. Winklevoss went on to make a blunt appraisal of DCG’s business practices.

28.12 / 19:35

Gemini Kraken Bitcoin Department Today in Crypto: Scammers Impersonate the US Department of State, MicroStrategy Buys-Sells-Buys Bitcoin, Midas Investments Closes Doors Due to Major Losses

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

24.12 / 22:01

Binance coinbase Gemini Forbes Lost Crypto billionaires lost $116M since March: Report

The bear market and the wave of bankruptcies in the crypto industry drained $116 billion from the pockets of founders and investors in the past nine months, according to recent estimates by Forbes.

14.12 / 23:11

business Blockchain Gemini Leak Crypto users Crypto users claim Gemini email leak occurred much earlier than first reported

"Not handled well." This was how one user described the revelations brought forth by Cointelegraph on Dec. 14 regarding the leak of 5.7 million Gemini customers’ email addresses and partial phone numbers. Shortly after publication, multiple users reached out to Cointelegraph alleging that the leak, which Gemini attributes to a “third-party incident,” happened much earlier than initially understoo.

14.12 / 19:05

business Blockchain Gemini Gemini allegedly suffered data breach; 5.7 million emails leaked

Cryptocurrency exchange Gemini appears to have suffered a data breach on or before Dec. 13. According to documents obtained by Cointelegraph, hackers gained access to 5,701,649 lines of information pertaining to customers’ account numbers, email addresses and partial phone numbers. In the case of the latter, hackers apparently did not gain access to the full phone numbers, as certain numeric digits were obfuscated.

04.12 / 13:59

Gemini Winklevoss Twins Digital Currency Group Crypto lender Genesis Gemini Exchange Seeks to Retrieve $900 Million from Crypto Lender Genesis

Cryptocurrency exchange Gemini is trying to recover the $900 million it had paid in loan to crypto broker Genesis and its parent company Digital Currency Group (DCG).

03.12 / 20:05

business defi Gemini FTX Crypto lender Genesis 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 familiar with the matter.

30.11 / 20:35

Ripple DEX Gemini Investment Today in Crypto: Komodo Launches AtomicDEX Web, Animoca Plans a $2 Billion Fund to Invest in Metaverse Firms, SEBA Opens Hong Kong Office

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

22.11 / 15:15

Binance Gemini Investment Genesis Trading fall Crypto Firm Genesis Struggles to Raise Fresh Capital, In Talks with Binance – Next Domino to Fall From FTX Contagion?

The troubled crypto trading firm Genesis is reportedly struggling to raise fresh funds for its lending unit - and may be headed into bankruptcy.

21.11 / 13:19

Binance Gemini Coinbase Pro Bitcoin Binance Now Holds Nearly 600,000 Bitcoin Worth $9.6 Billion – Largest BTC Holder in the World?

The Bitcoin balance of Binance, the world's largest cryptocurrency exchange, has more than doubled over the past 10 days, nearing 600,000.

18.11 / 17:07

Gemini FTX Withdrawals Troubled Crypto Firm Genesis Sought $1 Billion Emergency Loan Before Suspending Withdrawals – This is What Happened

The troubled crypto lending and trading firm Genesis had sought an emergency loan of $1bn before closing redemptions for clients earlier this week.

18.11 / 17:07

Provident Dash Platform Gemini crypto experts Crypto Experts are Fleeing to This Platform Following the FTX Implosion – What Do They Know?

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

17.11 / 16:15

Provident Dash Platform Gemini Trading Signals After FTX Mess This Crypto Trading Signals, Predictions and Social Analytics Platform is What Traders Need

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

17.11 / 12:41

coinbase Gemini Kraken Bitcoin week US crypto exchanges lead Bitcoin exodus: Over $1.5B in BTC withdrawn in one week

Bitcoin (BTC) has flooded out of exchanges in the past week as users become wary of security and regulatory scrutiny.

16.11 / 21:55

UPS Action Gemini FTX class action FTX Latest - Crypto Prices Slip as Contagion Hits BlockFi, Genesis and Gemini, Hacker ID Known, Auditors and VCs Fail, Class Action Lawsuit Filed

BlockFi, Genesis and Gemini are the latest crypto victims of FTX contagion.

17.10 / 19:57

business Gemini Winklevoss Twins 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.

13.10 / 17:55

Binance coinbase Gemini Best Crypto Interest Accounts

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

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