Fri, March 29

Winklevoss Twins Warn Democrats of Losing Young Voters

If President Joe Biden and the Democratic Party don’t stop their “war against crypto,” they’ll lose the support of young people, who are critical to their success in office, say the Winklevoss twins. Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, tweeted on June 10 that the Democrats’ anti-crypto position

June 12, 2023 2 mins read

Court Extends Mediation Period Between Insolvent Genesis and Creditors

Due to rising concerns about the potential involvement of Genesis’ parent firm Digital Currency Group (DCG) in the lender’s reorganization, U.S. Bankruptcy Court Judge Sean Lane prolonged a mediation session between Genesis and its creditors during a Monday bankruptcy hearing. The original end date for the mediation session of May

June 6, 2023 1 min read

Gemini Urges Court To Dismiss SEC Lawsuit Over Its Earn Product

The U.S. Securities and Exchange Commission (SEC) filed a complaint against cryptocurrency exchange Gemini and insolvent lender Genesis on May 26 saying that the earn product constitutes the selling of unregistered securities. Gemini maintained that its Earn product, which paid consumers to lend out coins, was not a security. Genesis

May 27, 2023 2 mins read

Gemini Chooses Ireland as New European Headquarters

The Republic of Ireland was recently named the new European headquarters for Gemini, the cryptocurrency exchange controlled by Tyler and Cameron Winklevoss. The statement came after crypto founders met with Irish Prime Minister Leo Varadkar and officials from the Industrial Development Agency (IDA), the government agency in charge of attracting

May 26, 2023 2 mins read

DCG Announces Shut Down of Brokerage Division TradeBlock

Digital Currency Group (DCG), a venture capital firm, has decided to shut down its main brokerage subsidiary TradeBlock due to the general economic climate and the ambiguity surrounding crypto regulation in the United States. Led by Breanne Madigan, TradeBlock will reportedly begin winding down operations on May 31st. A company

May 26, 2023 1 min read

Gemini Founders Eyeing UK as Potential Global Headquarters

Due to the unfriendly atmosphere in the United States, the Winklevoss twins are considering establishing their crypto empire in the United Kingdom. The twins Tyler and Winklevoss, who founded the cryptocurrency exchange Gemini, recently stated that they had met with representatives from the Financial Conduct Authority and the Bank of

May 24, 2023 1 min read

Philippines Regulator Issues Warning to Gemini Over Unauthorized Operations

In the Philippines, officials issued a warning to Gemini, a cryptocurrency exchange, for operating an unauthorized derivatives exchange. According to Bloomberg, the provincial stock market authority in the nation censured the company for doing business without the proper licenses. There are already plenty of problems for businesses operating in the

May 23, 2023 1 min read

Digital Currency Group (DCG) Fails To Repay $630M Loan to Gemini

The Digital Currency Group (DCG) failed to repay $630M on a loan that was due to Gemini last week, as the exchange confirmed. Genesis, a division of Digital Currency Group, had received $900 million from Gemini before it went bankrupt. The crypto firm controlled by the Winklevoss twins and other

May 22, 2023 1 min read

Gemini Support for PEPE Coin; Will Traders Benefit From It?

The leading cryptocurrency exchange Gemini added recent investors’ “favorite memecoin Pepe (PEPE)” to its trading list. Soon, trading for $PEPE will begin. British, European, Canadian, Australian, Hong Kong, and Singapore investors can now access Pepe coin through Gemini. Trading will be accessible first via the exchange API/FIX and ActiveTrader applications

May 10, 2023 1 min read

Gemini Launches Derivatives Platform Outside U.S Amid Regulation Chaos

Gemini is expanding outside the United States with the development of a derivatives platform that will service 30 nations and territories. The notable cryptocurrency company established by Tyler and Cameron Winklevoss revealed the intention in late April and made the announcement on Tuesday. This, adds to a rising trend of

May 2, 2023 2 mins read