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Tag Archives: gemini

XRP Listed on Gemini Following Ripple’s Partial Court Victory

Gemini confirmed it now accepts XRP deposits after days of speculation driven by a cryptic post on its verified X account. The post, a thinking face emoji, was made in response to a question by crypto journalist David Gokhstein, who wondered whether Gemini would relist XRP. In its announcement, Gemini clarified that it would initially only accept XRP deposits, but it is working on enabling XRP-related trading pairs in the coming days. The exchange also asked its users to...

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Blockchain Company Nansen Engages in Massive Layoffs

Nansen – a blockchain data firm based in Singapore – has laid off about 50 people at the time of writing, suggesting the crypto winter is not fully over. Nansen Says Goodbye to Many Employees 2022 was marred by news of many large crypto firms and companies laying off employees. Big names like Gemini in New York and Coinbase joined the ranks, with the latter initially putting off plans to triple its workforce. Originally, Coinbase had the goal to become bigger than...

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The Gemini Exchange is Relocating to Ireland

The Gemini exchange in New York is relocating to Dublin, Ireland, and joins a growing list of digital currency exchanges and related companies leaving the U.S. either due to complicated regulations or persecution from agencies like the Securities and Exchange Commission (SEC). The Gemini Sets Its Sights on the Emerald Isle The crypto industry in the U.S. has been under heavy scrutiny from organizations like the one mentioned above. Its head, Gary Gensler, has gone...

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Gemini Sues Genesis Owner Over Failure to Recover Customers’ Bitcoin

Winklevoss-owned crypto exchange Gemini has filed a lawsuit against Digital Currency Group (DCG) – the owner of the institutional crypto lending company Genesis – for committing “fraud” against the exchange’s customers. The lawsuit asserts that DCG and its CEO, Barry Silbert induced depositors to lend “huge amounts of cryptocurrency and U.S. Dollars” to Genesis through “false, misleading, and incomplete representations” of the company’s financial position and “robust...

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Winklevoss Brothers Bash US SEC for Refusal to Approve Bitcoin ETF Products

CoinspeakerWinklevoss Brothers Bash US SEC for Refusal to Approve Bitcoin ETF Products The Gemini founders filed for the first Bitcoin ETF with the US SEC ten years ago, which was rejected for almost the same reason the recent BlackRock and Fidelity products were dismissed. Winklevoss Brothers Bash US SEC for Refusal to Approve Bitcoin ETF Products

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Fireblocks Expands Cloud Support for Crypto Custody

Fireblocks’ cloud support comes at a time when more and more institutional investors and corporations are joining the crypto space. Blockchain security service provider, Fireblocks, has expanded its cloud service for crypto custody and settlement. According to the announcement, the service will now include Amazon Web Services (AWS), Google Cloud Platform, Alibaba Cloud, Thales, and Securosys. Cloud Computing Meets Crypto Security Fireblocks’ platform uses a combination of security...

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