Digital Currency Group files motion to dismiss Gemini lawsuit, claiming it’s a PR campaign
Gemini’s complaint filed in July alleged DCG and Barry Silbert had made “false, misleading, and incomplete representations and omissions” related to Genesis and the Earn program.This post was originally published on this site
Gemini lists XRP, opens token deposits
At press time XRP token was trading at $0.6294, down 3.97% in 24 hours. Only XRP deposits were possible at the time of writing. The exchange has promised to open XRP trading soon. Gemini, a cryptocurrency exchange, has announced that it will support the XRP Ledger (XRP) blockchain, adding it to a growing list of […]
Crypto Biz: Winklevoss slams Silbert, Twitter’s double-edged sword and more
This week’s Crypto Biz also explores Gemini’s fight with the Digital Currency Group (DCG) over user funds, new banking tools for the digital yuan, and OpenAI’s efforts to stop users from jumping paywalls.This post was originally published on this site
Gemini files lawsuit against Digital Currency Group and Barry Silbert over Genesis and Earn program
Gemini co-founder Cameron Winklevoss alleged Barry Silbert committed fraud by knowing Genesis was “massively insolvent” when attempting to continue the Earn program.This post was originally published on this site
SEC has pushed investors into ‘toxic’ crypto products and FTX: Winklevoss
Gemini co-founder Cameron Winklevoss said the SEC’s refusal to approve a spot Bitcoin ETF has been a “complete and utter disaster for US investors.”This post was originally published on this site
Gemini allows crypto withdrawals for Voyager customers
Voyager customers can create an account on Gemini to receive their cryptocurrencies. The crypto exchange will however only allow supported tokens, and users may lose unsupported assets sent to Gemini accounts. Voyager Digital filed for bankruptcy protection in July 2022. Regulated crypto exchange Gemini has added support for crypto withdrawals for customers of the bankrupt […]
Crypto Biz: The race for a Bitcoin spot ETF, Wall Street’s new crypto exchange and more
The bid for the first Bitcoin spot ETF in the United States is gaining traction following BlackRock’s recent application.This post was originally published on this site
Winklevoss twins’ Gemini launches Ethereum staking in the UK
Gemini Staking Pro allows institutions in the U.K. to become Ethereum validators by locking up at least 32 ETH, worth about $60,000 at the time of writing.This post was originally published on this site
Binance launches regulated platform in Kazakhstan amid troubles in the West
Amid growing regulatory uncertainty in the West, several crypto platforms have shifted their focus toward the Asia–Pacific region.This post was originally published on this site
MakerDAO votes to decrease GUSD held in DAI stablecoin reserve
MakerDAO could soon remove $390M of Gemini’s GUSD stablecoin from its reserves. The DAO is currently voting to decrease the maximum amount of GUSD held in Maker’s DAI stablecoin reserve to $110M. MakerDAO’s reserve currently holds roughly 88% of total GUSD supply. MakerDAO, a decentralized lending platform and DAI stablecoin issuer may soon sell $390 […]