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Gemini
MakerDAO Weighs Ditching $390M of Gemini Dollars from DAI Reserve
The result could have a significant impact on Gemini and its stablecoin as MakerDAO’s reserve holds roughly 88% of total GUSD supply.
Gemini and Genesis Ask U.S. Court to Dismiss SEC Lawsuit Targeting Earn Program
Bankrupt crypto lender Genesis Global Capital and exchange platform Gemini are asking a U.S. court to dismiss a lawsuit by the Securities and Exchange Commission alleging the two sold unregistered securities, court filings from Friday show. Genesis and CoinDesk are owned by the Digital Currency Group (DCG). Separately, a new Bloomberg report takes a closer look at the future of crypto exchange Gemini under the leadership of billionaires Tyler and Cameron Winklevoss.
Gemini and Bankrupt Lender Genesis Ask U.S. Court to Dismiss SEC Lawsuit Targeting Earn Program
The U.S. Securities and Exchange Commission alleged the two entities had sold unregistered securities through Gemini's Earn program.
Gemini Says Genesis Parent Company DCG Missed $630 Million Payment
Gemini said in an update on its website that Digital Currency Group (DCG) missed a $630 million payment owed to Genesis last week. Gemini says it is working with Genesis, DCG, and creditors to provide forbearance to DCG in order to avoid a default. Both Genesis and CoinDesk are owned by DCG. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De discusses the latest developments.
Gemini Says Genesis Parent DCG Missed $630 Million Payment
Gemini says it is working with Genesis, DCG, and creditors to provide forbearance to DCG in order to avoid a default.
Coinbase and Gemini Open Offshore Crypto Derivatives Exchanges
U.S.-based crypto trading firm Coinbase is opening a derivatives exchange in Bermuda as part of an international expansion plan that comes as the publicly traded company faces regulatory headwinds at home. Gemini also announced the launch of its own international crypto derivatives exchange. "The Hash" panel discusses what this suggests about the state of crypto business operations and regulation in the U.S.
First Mover Americas: Bitcoin Starts Work Week in the Red
The latest price moves in crypto markets in context for April 24, 2023.
Gemini to Open a Crypto Derivatives Platform Outside the U.S.
Gemini Foundation's first product will be a perpetual bitcoin (BTC) contract, the company said late Friday.
First Mover Americas: Crypto Trading Comes to Twitter
The latest price moves in crypto markets in context for April 13, 2023.
First Mover Americas: Ether's Shanghai Rumble
The latest price moves in crypto markets in context for April 12, 2023.
