Following a lot of legal back-and-forth jabber, the Winklevoss Twins of the Gemini exchange in New York are moving forward with their lawsuit against Barry Silbert and his company Digital Currency Group. The Twins allege that the firm and its CEO Silbert engaged in massive fraud. The Winklevoss Twins Are Taking DCG to Court The problems stem from a program introduced by Gemini called Earn, which allowed users to loan their assets to Genesis, a division of the...
Read More »The Winklevoss Twins Aren’t Giving Up on Bitcoin
Bitcoin has been in a bit of a slump over the last month and a half or so, but according to Michael Saylor – the former CEO of MicroStrategy – and the Winklevoss Twins, this slump could soon be coming to an end, and the world’s number one digital currency by market cap is going to reach new levels of bullishness. The Winklevoss Twins Have High Hopes for BTC In a recent interview, Saylor mentioned that the bitcoin price could hit a new height “very quickly,” and...
Read More »Is the Gemini Exchange Suffering Financially?
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The effects of the 2022 bear market haven’t fully disappeared, it seems. There are many companies out there still dealing with the repercussions of those bearish ripples, the Gemini exchange in New York being a big one. Gemini Gets $100 Million from Its Founders Not long ago, it was announced that Gemini...
Read More »Gemini Exchange Engages in More Layoffs
The Gemini exchange, which is based in New York and run by Cameron and Tyler Winklevoss of “The Social Network” fame, is laying off another ten percent of its workforce and reducing its headcount by even more people. About 10% of Gemini Workers Are Saying “Bye” This is ultimately the third massive layoff stint the company has performed in the past year or so, though this is only the second one to be fully reported on. In the summer of last year, Gemini really caused a...
Read More »Cameron Winklevoss Pens Letter Calling for DCG Head’s Resignation
Cameron Winklevoss – one half of the Winklevoss Twins which run the digital currency exchange Gemini in New York – has penned a letter calling for the resignation of Barry Silbert, the man who runs the Digital Currency Group (DCG). Cameron Winklevoss to Barry Silbert: Resign! Cameron stated that Silbert engaged in deceptive and fraudulent tactics during his tenure as head of his organization. The feud between the two began when the now defunct crypto exchange FTX...
Read More »Investors Are Suing the Gemini Exchange Over Alleged Fraud
Investors in the Gemini exchange in New York are suing the company and its founders – Cameron and Tyler Winklevoss – for fraud. Gemini Is Being Sued It is alleged in a class-action lawsuit that the company is in violation of the Exchange Act. A complaint was filed against Gemini and its creators in the US Southern District of New York, and it centers around the firm’s Earn Program, which offers as much as 7.4 percent interest to traders who take part in it. The program...
Read More »Ben Mezrich Is Writing a Book About the NFT Craze
Ben Mezrich is an author who wrote the book, “Bitcoin BTC Billionaires,” which talks about the rise of the Winklevoss Twins from their early days trying to develop what would eventually turn into Facebook to their adult lives as some of the biggest bitcoin bulls out there. Ben Mezrich Is Writing a New NFT Book Right now, the book is being adapted into a film and is in pre-production, meaning things are still being planned out and the project is in its earliest stages....
Read More »Mariah Carey Is Putting Money in the Gemini Exchange
Grammy-winning singer and musician Mariah Carey has become the latest celebrity to join the growing cryptocurrency craze. Mariah Carey Is Building a Bridge Between Women and Crypto In a recent press release, it was revealed that Carey is the latest major investor in the Gemini Exchange, a popular cryptocurrency trading platform founded by Cameron and Tyler Winklevoss in New York. The Winklevoss Twins – as they are casually called – garnered heavy fame thanks to the 2010...
Read More »The Bitcoin Space Is Largely Controlled By a Select Few
The bitcoin space was supposed to be decentralized. One that was controlled by the people that owned it. It was supposed to give people more financial independence and say in their futures. However, light is being shed on an arena that is now largely controlled by a small group of crypto-centered businessmen. Is Bitcoin Remaining Decentralized? As it turns out, more than 95 percent of the world’s total bitcoins are stored within two percent of the world’s crypto...
Read More »Gemini Exchange to Offer New Savings Account Program for Crypto Lenders
If you’re into cryptocurrency and you’re looking to save a little money along the way, then perhaps the Gemini Exchange is something you should be checking out right about now.Gemini Looks to Give Customers a Chance to Make Some MoneyThe popular cryptocurrency exchange based in New York and brought forth by Cameron and Tyler Winklevoss of “The Social Network” fame has established a new savings account program it’s simply calling “Earn.” The idea is that customers can hold their digital money...
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