Tagged: cameron winklevoss

July 8, 2023 @ 3:25 pm By Omar Faridi  |  

Digital asset firm Gemini, one of the largest creditors of bankrupt virtual currency lending platform Genesis, has reportedly sued parent firm Digital Currency Group (DCG) and its CEO. This update has been announced the day after DCG missed the crypto exchange’s deadline for agreeing to… Read More

July 4, 2023 @ 1:08 pm By JD Alois  |  

The ongoing battler between the Digital Currency Group (DCG) and Gemini has ratcheted up as Cameron Winklevoss has sent a demand letter to DCG and founder Barry Silbert. To take a step back, Gemini had utilized the services of DCG subsidiary Genesis for its yield… Read More

February 6, 2023 @ 7:00 pm By JD Alois  |  

Genesis Global Holdco, LLC says that it has reached an “agreement in principle” with Digital Currency Group (DCG) and the ad hoc groups of creditors of Genesis Global Capital, LLC, which holds or represents more than $2 billion in claims, according to a note from… Read More

January 23, 2023 @ 11:02 pm By JD Alois  |  

Genesis Global Holdco has received approval from the US Bankruptcy Court for the Southern District of New York for all the first-day motions related to its Chapter 11 filed on January 19, 2023. Last week, Genesis filed for bankruptcy protection after a period when it… Read More

January 12, 2023 @ 6:03 pm By JD Alois  |  

The ongoing virtual fisticuffs between Gemini and Genesis – a subsidiary of Digital Currency Group (DCG), just took a dramatic twist as the Securities and Exchange Commission (SEC) has filed charges against both Gemini and Genesis pertaining to the Gemini Earn program and the sale… Read More

January 10, 2023 @ 5:57 pm By JD Alois  |  

Cameron Winklevoss, co-founder of the Gemini, has taken to Twitter once again to take Digital Currency Group (DCG) to task in regards to their relationship with DCG subsidiary Genesis. Last week, Winklevoss posted a letter on Twitter criticizing founder Barry Silbert and his DCG, hammering… Read More

January 6, 2023 @ 9:55 am By JD Alois  |  

The drums are pounding for institutional crypto trading firm Genesis and its parent company Digital Currency Group (DGC). Genesis halted redemptions in November following “abnormal withdrawal requests which have exceeded our current liquidity.” This event has impacted the crypto trading platform Gemini as it utilized… Read More

January 3, 2023 @ 11:59 am By JD Alois  |  

Crypto firm Gemini has posted an open letter criticizing Barry Silbert and his company Digital Currency Group (DCG). In November, following the collapse of FTX, Genesis – a subsidiary of DCG – halted redemptions. Gemini had utilized the Genesis lending platform for its Earn program… Read More

November 11, 2022 @ 10:49 am By Omar Faridi  |  

The team at Gemini noted that they’re pleased to announce that their platform will “expand its Greater Seattle Area presence in 2023, with plans to increase the number of employees based in our Bellevue downtown office from 28 to over 125.” There are currently 100+… Read More

June 2, 2022 @ 2:44 pm By JD Alois  |  

Tyler and Cameron Winklevoss, founders of Gemini Trust, a top crypto exchange, have announced they will lay off 10% of their employees due to the sputtering economy and decline in the value of many crypto assets. In a blog post, the Winklevoss brothers explained: “The… Read More

March 18, 2020 @ 9:59 am By Omar Faridi  |  

Nifty, a US dollar-based trading platform for non-fungible tokens, or NFTs (which are unique digital tokens that are not interchangeable with other similar tokens), revealed that it had completed its “Nifty Gateway 2.0” update on March 17, 2020. The Nifty platform had been acquired by… Read More

January 16, 2020 @ 10:04 pm By Cali Haan  |  

Gemini, a compliance-oriented cryptocurrency trading platform owned by the Winklevoss brothers, has established an insurance company to insure cryptocurrencies it custodies on behalf of clients up to $200 million USD, according to a blog post. The new company, Nakamoto Ltd., will also sell insurance to… Read More

October 30, 2019 @ 6:13 pm By JD Alois  |  

3iQ Corp. (3iQ), a Canadian investment fund manager, has received a favorable ruling regarding “The Bitcoin Fund” from the Ontario Securities Commission (OSC), according to a company release. Reportedly, 3iQ will issue a final prospectus for a closed-end Bitcoin fund which will be listed on… Read More

December 13, 2018 @ 10:29 am By Samantha Hurst  |  

U.S. cryptocurrency exchange Gemini announced on Thursday the launch of its mobile app for Android and iOS. As previously reported, Gemini was founded by Cameron and Tyler Winklevoss, who are the former Olympic rowers that once sued Mark Zuckerberg, claiming he stole the idea for Facebook from… Read More

February 11, 2018 @ 9:50 am By JD Alois  |  

Speaking at the Milken Institute’s first MENA Summit in Abu Dhabi this week, Cameron Winklevoss explained his opinion that Bitcoin is poised to disrupt gold – in fact it is better than the world’s most favorite commodity safe haven. The Winklevoss twins became well-known because… Read More

September 10, 2014 @ 9:58 am By Erin Hobey  |  

Cameron Winklevoss and Tyler Winklevoss founded Winklevoss Capital in 2013 and have significantly bolstered their portfolio in the last four months.  Widely known for their claim that Mark Zuckerberg had stolen their idea for Facebook, the Harvard rowing grads have been in contentious litigation for… Read More