Winklevoss Brothers Reportedly Loan $100 Million to Crypto Exchange Gemini
Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has reportedly received a $100 million loan from the brothers. While two sources confirmed the loan, three others said that Gemini failed to secure funding from external investors.
Former Gemini Execs Launch Tokenized T-Bill Vault OpenEden
Jeremy Ng and Eugene Ng — Gemini's ex-Asia Pacific head and former head of business development for the region, respectively — unveiled a new crypto startup called OpenEden to offer exposure to tokenized Treasury Bills (T-Bills).
Gemini to Launch International Derivatives Platform Amid Binance Regulatory Woes
Gemini is reportedly set to launch perpetual futures products for international customers, following the trend of exchanges focusing on the derivatives market. However, it should be noted that in the US, retail traders are not allowed to trade perpetual futures. The move comes as the Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Binance over alleged violations of derivatives laws in the country. Gemini is also facing charges from the Securities and Exchange Commission over the unregistered offering and sale of crypto asset securities through Gemini Earn. Coinbase is also reportedly launching platforms for international users while facing scrutiny from regulators.
Crypto Exchange Gemini Looking to Launch Overseas Derivatives Operation: The Information
U.S.-based crypto exchange Gemini, which was founded by Cameron and Tyler Winklevoss, is reportedly looking to launch an international cryptocurrency derivatives exchange.
As $BTC Surges Over 10%, Gemini CEO Asks ‘30k Bitcoin by the End of the Weekend?’
On Friday (March 17), the Bitcoin price continued its “bank collapse” rally, surging another 10% to hit $27,800, the highest level since June 2022.
Gemini Founder Tyler Winklevoss Describes US Banking System As Unequal
Gemini Exchange co-founder Tyler Winklevoss described the US banking system as a modern-caste system where the people with the top banks are protected while the rest are exposed to risks.
Gemini had no customer funds, GUSD at Signature Bank
Crypto exchange Gemini said it held no customer funds or Gemini dollars (GUSD) at Signature in the wake of the bank's closure by regulators on Sunday.
Gemini: We Do Not Have Any Banking Relationship With Silicon Valley Bank
This includes all Gemini products and services, including the Gemini dollar (GUSD).
Crypto Morning Briefing: Binance NFT Announces Integration With Polygon Network
Silvergate Capital Corporation Will ‘Voluntarily Liquidate’ Silvergate Bank; Gemini Denies Reports of Banking Relationship Ending With JPMorgan; Three Arrows Capital Founders Shake Up Crypto Industry with New Crypto Exchange After Acquiring CoinFLEX Assets; Binance Charity Donates $100,000 in Georgia to Empower Women through Web3 Education
Gemini Denies Reports of Banking Relationship Ending With JPMorgan
Crypto exchange Gemini has denied reports that its banking relationship with U.S. banking giant JPMorgan has ended.
