Gemini ‘supportive’ of Genesis mediation, but frustrated over pacing
Genesis is starting a 30-day meditation with its key creditors as its bankruptcy proceedings are close to hitting the four-month mark. Go to Source Powered by WPeMatico
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Cameron Winklevoss claims regulatory double standards over banking crisis
The CEO of Gemini says things would’ve been handled differently if First Republic was a “crypto” bank. Go to Source Powered by WPeMatico
Celsius auction has Gemini and Coinbase as new bidders: Report
Two new consortiums will dispute the assets of bankrupt crypto lender Celsius Network in an auction scheduled for April 25 in New York. Go to Source Powered by WPeMatico
Gemini to launch derivatives platform outside the United States
The platform’s first derivatives contract will be a BTC perpetual contract denominated in Gemini dollars (GUSD), followed by an ETH/GUSD perpetual contract. Go to Source Powered by WPeMatico
Crypto Biz: Global AI race ramps up, Winklevoss $100M loan to Gemini, and more
Recent days have seen new players emerge in the race for artificial intelligence, with business giants announcing AI initiatives. Go to Source Powered by WPeMatico
Gemini files for pre-registration undertaking in Canada
All crypto exchanges are required to sign such undertaking if they want to operate in Canada following a February rule change. Go to Source Powered by WPeMatico
Winklevoss twins infuse Gemini with personal $100M loan: Report
The cash infusion reportedly followed Gemini attempting to get funding from outside investors without success. Go to Source Powered by WPeMatico
Silvergate Bank Announces Voluntary Liquidation as Crypto Industry Woes Persist
At 4:30 p.m. Eastern Time, Silvergate Bank announced its intention to wind down the crypto-friendly bank’s operations and voluntarily liquidate the company’s assets. The news follows significant financial troubles the bank faced, and the firm’s stock plummeted in value. Details of Silvergate’s Wind Down and Liquidation Plan Over the last six months, Silvergate Capital Corporation’s … Read more
Gemini’s banking relationship with JPMorgan ‘remains intact’
In a brief and straightforward message, crypto exchange Gemini denied reports and said its banking relationship with JPMorgan remains intact. Go to Source Powered by WPeMatico
Coinbase cutting ties with Silvergate forces crypto hedge fund to find a new bank
A total of five crypto companies end their partnership with Silvergate bank on March 2 after a series of lawsuits and investigations against the fintech bank. Go to Source Powered by WPeMatico