Gemini Crypto Exchange
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Crypto Exchange To Refund $1.1 Billion To Customers Locked Out Since 2022
Cryptocurrency exchange Gemini will return at least $1.1 billion to customers of its defunct lending program and pay a fine of $37 million for unsafe and unsound practices as part of a settlement with the New York Department of Financial Services.
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Gemini Crypto Exchange to Invest Up to Rs. 200 Crore in India as Part of Expansion Plans
Gemini crypto exchange will be growing its development centre in Gurugram as part of its India expansion plans. The company officially announced its plan on doing so in an official blog published on September 26. Meanwhile, Gemini has already onboarded over 70 people to its Gurugram team since its foray into India that first started in May this yea...
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Mastercard, Binance to End Crypto Card Programmes in Four Countries
Mastercard and crypto exchange Binance will end their four crypto card programmes in Argentina, Brazil, Colombia and Bahrain as of September 22, a spokesperson for Mastercard said via email on Thursday. The Binance cards allow users to make payments in traditional currencies, funded by their cryptocurrency holdings on the exchange.
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Middle Eastern Crypto Exchange Rain Grabs License to Handle Assets in UAE
Middle Eastern crypto exchange Rain said on Tuesday its Abu Dhabi unit obtained a license to operate a virtual assets brokerage and custody service for clients in the United Arab Emirates.
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Genesis Creditor Gemini Sues Parent Company Digital Currency Group, CEO
Cryptocurrency exchange Gemini, the largest creditor of bankrupt crypto lending firm Genesis, sued parent company Digital Currency Group (DCG) and its CEO, the day after DCG missed the exchange's deadline for agreeing to a restructuring deal for the venture capital firm's troubled unit. DCG and Gemini, two prominent players in the crypto industry, ...
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Gemini Crypto Exchange Sets Up Office in Gurugram, Plans to Expand Work With Indian Engineers: Report
Gemini crypto exchange has established an office in Gurugram as part of its expansion in the Asian Web3 market. Pravjit Tiwana has been appointed as the CEO for Gemini’s Asia-Pacific operations on the merit of his service as the global chief technology officer (CTO) of the crypto exchange for a while now.
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Genesis Crypto Broker Negotiating in Bad Faith, Co-Founder Cameron Winklevoss Says in Open Letter
Genesis Co-Founder Cameron Winklevoss said on Monday that Digital Currency Group (DCG) CEO Barry Silbert was engaging in "bad faith stall tactics". Winklevoss, who founded the exchange with his twin brother, stopped customer withdrawals in November, after major crypto exchange FTX collapsed.
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Genesis Owes Customers of Gemini Crypto Exchange $900 Million After FTX Collapse: Report
Genesis, the crypto broker and parent firm Digital Currency Group (DCG) owe Gemini customers $900 million (roughly Rs. XXX crore), according to a report. The crypto exchange is reportedly attempting to recover the funds from Genesis, after the latter was impacted by the collapse of FTX.
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FTX Bankruptcy Hearing: Sam Bankman-Fried Ran Crypto Firm as 'Personal Fiefdom', Assets Missing, Attorneys Say
FTX CEO Sam Bankman-Fried ran the crypto firm as a "personal fiefdom", argued attorneys for the collapsed crypto exchange said in its first bankruptcy hearing on Tuesday. The firm's lawyers said that the company now intends to sell off healthy business units, but has been the subject of cyberattacks and had "substantial" assets missing.
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Gemini Outage: Crypto Exchange Recovers After Major Disruption Affecting Trading Services, Withdrawals
Crypto exchange Gemini experienced sweeping service disruptions shortly after Genesis froze customer withdrawals on Wednesday. The firm later clarified that an Amazon Web Services EBS outage was responsible for the disruptions, and restored functionality shortly afterwards.
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Cameron Winklevoss Steps Down From Gemini Europe's Board of Directors Amid Leadership Shakeup
Cameron Winklevoss left his spot on Gemini Europe's board of directors. The investor, billionaire, and co-founder of crypto exchange Gemini officially stopped being the director of its European branch on October 12.
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Gemini Offers Support for Staking Ahead of Ethereum Network's September 15 Merge Event
Gemini announced the launch of Gemini Staking, which allows users to stake crypto assets on its exchange. Gemini Staking will initially support Polygon, and later add support for other assets such as Ethereum and Solana.
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IRA Sues Gemini Crypto Exchange for Late Action in $36 Million Hack Attack
In its lawsuit, IRA Financial — the manager of non-traditional retirement accounts, has alleged that Gemini failed to freeze accounts soon enough, that could have saved the outflow of the assets to the hacker(s). The hack on IRA that happened in February this year, cost the company $36 million (roughly Rs. 280 crore) in BTC and ETH. IRA Financial...
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Crypto Exchange Gemini Sued Over 2017 Bitcoin Futures Contract: US CFTC
The US CFTC filed a federal lawsuit in New York on Tuesday accusing Gemini Trust Co of making false and misleading statements concerning a bitcoin futures contract the firm was pursuing in 2017.
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Market Share of Top Centralised Exchanges Hit 96 Percent in February 2022: Here's What That Means
The top centralised cryptocurrency exchanges have reached all-time highs for market share this year as per crypto analytics firm CryptoCompare as the trading volume in crypto steadily consolidates onto the platforms of only a few trusted companies.
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Crypto Exchange To Refund $1.1 Billion To Customers Locked Out Since 2022
Cryptocurrency exchange Gemini will return at least $1.1 billion to customers of its defunct lending program and pay a fine of $37 million for unsafe and unsound practices as part of a settlement with the New York Department of Financial Services.
-
Gemini Crypto Exchange to Invest Up to Rs. 200 Crore in India as Part of Expansion Plans
Gemini crypto exchange will be growing its development centre in Gurugram as part of its India expansion plans. The company officially announced its plan on doing so in an official blog published on September 26. Meanwhile, Gemini has already onboarded over 70 people to its Gurugram team since its foray into India that first started in May this yea...
-
Mastercard, Binance to End Crypto Card Programmes in Four Countries
Mastercard and crypto exchange Binance will end their four crypto card programmes in Argentina, Brazil, Colombia and Bahrain as of September 22, a spokesperson for Mastercard said via email on Thursday. The Binance cards allow users to make payments in traditional currencies, funded by their cryptocurrency holdings on the exchange.
-
Middle Eastern Crypto Exchange Rain Grabs License to Handle Assets in UAE
Middle Eastern crypto exchange Rain said on Tuesday its Abu Dhabi unit obtained a license to operate a virtual assets brokerage and custody service for clients in the United Arab Emirates.
-
Genesis Creditor Gemini Sues Parent Company Digital Currency Group, CEO
Cryptocurrency exchange Gemini, the largest creditor of bankrupt crypto lending firm Genesis, sued parent company Digital Currency Group (DCG) and its CEO, the day after DCG missed the exchange's deadline for agreeing to a restructuring deal for the venture capital firm's troubled unit. DCG and Gemini, two prominent players in the crypto industry, ...
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Gemini Crypto Exchange Sets Up Office in Gurugram, Plans to Expand Work With Indian Engineers: Report
Gemini crypto exchange has established an office in Gurugram as part of its expansion in the Asian Web3 market. Pravjit Tiwana has been appointed as the CEO for Gemini’s Asia-Pacific operations on the merit of his service as the global chief technology officer (CTO) of the crypto exchange for a while now.
-
Genesis Crypto Broker Negotiating in Bad Faith, Co-Founder Cameron Winklevoss Says in Open Letter
Genesis Co-Founder Cameron Winklevoss said on Monday that Digital Currency Group (DCG) CEO Barry Silbert was engaging in "bad faith stall tactics". Winklevoss, who founded the exchange with his twin brother, stopped customer withdrawals in November, after major crypto exchange FTX collapsed.
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Genesis Owes Customers of Gemini Crypto Exchange $900 Million After FTX Collapse: Report
Genesis, the crypto broker and parent firm Digital Currency Group (DCG) owe Gemini customers $900 million (roughly Rs. XXX crore), according to a report. The crypto exchange is reportedly attempting to recover the funds from Genesis, after the latter was impacted by the collapse of FTX.
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FTX Bankruptcy Hearing: Sam Bankman-Fried Ran Crypto Firm as 'Personal Fiefdom', Assets Missing, Attorneys Say
FTX CEO Sam Bankman-Fried ran the crypto firm as a "personal fiefdom", argued attorneys for the collapsed crypto exchange said in its first bankruptcy hearing on Tuesday. The firm's lawyers said that the company now intends to sell off healthy business units, but has been the subject of cyberattacks and had "substantial" assets missing.
-
Gemini Outage: Crypto Exchange Recovers After Major Disruption Affecting Trading Services, Withdrawals
Crypto exchange Gemini experienced sweeping service disruptions shortly after Genesis froze customer withdrawals on Wednesday. The firm later clarified that an Amazon Web Services EBS outage was responsible for the disruptions, and restored functionality shortly afterwards.
-
Cameron Winklevoss Steps Down From Gemini Europe's Board of Directors Amid Leadership Shakeup
Cameron Winklevoss left his spot on Gemini Europe's board of directors. The investor, billionaire, and co-founder of crypto exchange Gemini officially stopped being the director of its European branch on October 12.
-
Gemini Offers Support for Staking Ahead of Ethereum Network's September 15 Merge Event
Gemini announced the launch of Gemini Staking, which allows users to stake crypto assets on its exchange. Gemini Staking will initially support Polygon, and later add support for other assets such as Ethereum and Solana.
-
IRA Sues Gemini Crypto Exchange for Late Action in $36 Million Hack Attack
In its lawsuit, IRA Financial — the manager of non-traditional retirement accounts, has alleged that Gemini failed to freeze accounts soon enough, that could have saved the outflow of the assets to the hacker(s). The hack on IRA that happened in February this year, cost the company $36 million (roughly Rs. 280 crore) in BTC and ETH. IRA Financial...
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Crypto Exchange Gemini Sued Over 2017 Bitcoin Futures Contract: US CFTC
The US CFTC filed a federal lawsuit in New York on Tuesday accusing Gemini Trust Co of making false and misleading statements concerning a bitcoin futures contract the firm was pursuing in 2017.
-
Market Share of Top Centralised Exchanges Hit 96 Percent in February 2022: Here's What That Means
The top centralised cryptocurrency exchanges have reached all-time highs for market share this year as per crypto analytics firm CryptoCompare as the trading volume in crypto steadily consolidates onto the platforms of only a few trusted companies.
