Genesis and Gemini Reach Agreement in Principle
Genesis appears to have found a solution to its current solvency issues.
Gemini To Pump $100 Million Into Genesis for Its Bankruptcy Recovery
Earn users have seen a fall that no one expected. Their holdings are stuck with withdrawals halted by – now a bankrupt venture – Genesis. Gemini appears to be coming to the rescue of the Earn users by announcing its plan to pump $100 million into Genesis for bankruptcy recovery. The move was announced during a status conference for Genesis, a venture that owes its creditors billions of dollars.
Gemini’s GUSD Stablecoin Falls Off Peg Following OKX Delisting
The Gemini Dollar (GUSD) has been experiencing some fluctuations, with the stablecoin losing its peg over the past week. The exchange is currently the center of attention for its Gemini Earn program.
Gemini Vows Legal Action Against Genesis' Parent Company amidst Bankruptcy Filing
US-based cryptocurrency exchange Gemini – founded by twin brothers Cameron Winklevoss and Tyler Winklevoss – is embroiled in a fresh tussle with Genesis Capital’s parent company DCG after the crypto lender (Genesis) filed for bankruptcy protection.
NYDFS Investigating Gemini Over FDIC-Related Claims
The New York Department of Financial Services (NYDFS) is investigating Gemini over its claims related to Federal Deposit Insurance Corporation (FDIC) coverage, Axios reported on Jan. 30.
New York Regulator Investigating Crypto Exchange Gemini Over FDIC Claims: Report
The New York Department of Financial Services (NYDFS) is investigating crypto exchange Gemini over claims it made related to the safety of its customers' assets, according to an Axios report on Monday.
Founders of Gemini-Owned NFT Marketplace Nifty Exchange Are Leaving the Company
The co-founders of Gemini-owned non-fungible token (NFT) marketplace Nifty Gateway are stepping down and leaving Gemini to eventually start another company.
Nifty Gateway Co-Founders Stepping Down, Departing Gemini Amid Troubles
Duncan and Griffin Cock Foster, twin brothers and co-founders of Gemini-owned NFT platform Nifty Gateway, are stepping down from their positions and leaving Gemini amid troubles at the company.
Breaking: Gemini Exchange Axes 10% Staff, Is Bankruptcy Filing Next?
According to an internal memo that was accessed by media outlets, the cryptocurrency exchange Gemini is planning to lay off 10% of its workforce. This comes after Gemini’s customers being affected by the bankruptcy of Genesis Capital due to the collapse of FTX.
Cameron Winklevoss Threatens Legal Action Against DCG CEO After Genesis Bankruptcy
Gemini CEO Cameron Winklevoss threatened to sue Digital Currency Group CEO Barry Silbert over the repayment of a $900 million loan in a tweet published just minutes after the crypto lender’s Chapter 11 filed for Chapter 11 bankruptcy late Thursday night.The tweet comes after Winklevoss waged a Twitter war against DCG to recover the loan amid his exchange’s own struggles.
