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Gemini
Gemini Cuts 10% of Staff, Blames Crypto Winter
Crypto exchange Gemini said that it will lay off about 10% of its employees due to “turbulent market conditions that are likely to persist for some time.” Paul Eisma, XBTO Group head of trading, discusses his outlook on the crypto markets as bitcoin (BTC) struggles to hold above $30,000.
Gemini Cuts 10% of Staff, Blaming ‘Turbulent’ Crypto Market
Cryptocurrency exchange and custodian Gemini will lay off about 10% of its employees, blaming it on the “turbulent” crypto market. “The Hash” panel discusses how layoffs and hiring freezes might affect the momentum of the crypto industry. Plus, what to do if you are left with no jobs.
CFTC Sues Gemini Over Bitcoin Futures Case From 2017
Gemini partnered with Cboe to try and launch what would have been the nation’s first bitcoin futures contracts.
Winklevoss-Led Gemini Cuts 10% of Staff, Citing ‘Turbulent’ Crypto Market
Gemini cited the cryptocurrency downturn along with macroeconomic market conditions.
Citadel Securities, BlackRock, Gemini Slam Social Media Accusations of Involvement With UST Collapse
A conspiracy theory that began on 4chan and was amplified by Cardano founder Charles Hoskinson has been met with swift denials by all parties.
Luna Foundation Guard’s Reserve Balance Declines to Zero to Defend UST Peg
Luna Foundation Guard (LFG) has moved all of its reserves to bitcoin exchanges to defend its UST stablecoin’s 1:1 dollar peg. LFG’s reserve balance has declined from 80,394 BTC to zero, and the majority has been deposited onto the Gemini exchange. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Gemini Exec on Australia Crypto Spot ETF, Possible US Approval ‘This Summer’
Gemini Global Head of Business Development Dave Abner discusses the state of the crypto markets, as well as its role in helping launch a crypto spot ETF in Australia. Abner also discusses regulatory hesitancy towards spot bitcoin ETFs in the U.S., explaining why he believes one could be approved “this summer.”
Gemini Exec on Bitcoin Hitting $41K, New Crypto Credit Card
Gemini COO Noah Perlman discusses the recent upswing in the crypto markets as investors weigh macro risks. Plus, a conversation about the shifting demographics of crypto investors and Gemini’s new crypto rewards credit card.
Commonwealth Bank's Crypto Services Face Regulatory Delays: Report
The Australian bank was testing a program that allowed customers to hold and use crypto on its app.
Deltec, Chainalysis, Robinhood and More Join Crypto Market Integrity Group
A total of 30 companies have joined the Crypto Market Integrity Coalition (CMIC) and signed its pledge to combat market manipulation.
