Digital Currency Group boss Barry Silbert has issued a note to shareholders, noting the “difficult industry conditions” plaguing the digital asset sector.
ASIC temporarily suspended the BTC, ETH and Filecoin funds issued by Holon Investments and managed by Gemini for non-compliant target market determinations.
A source with insider knowledge told TechCrunch that the exchange plans to cut down from 950 employees to 800 in a move aimed at “extreme cost-cutting.”
Joshua Henslee released a video explaining how he sees wider systemic risk in the digital currency sector and how this might be the moment when the house of cards finally comes down.
IRA Financial has sued Gemini, claiming the exchange is to blame for the February hack in which its customers lost $21 million in BTC and $15 million in ETH.
Gemini stands accused of lying to U.S. federal regulators about market-makers wash trading to artificially goose the digital currency exchange’s trading volume.
Bitcoin users have begun to notice connections between some major projects and financial organizations like the World Economic Forum, these connections are real, but it's only scratching the surface.
The U.S. securities regulator believes that these companies offer products that should be regulated as securities, months after going after Coinbase for its Lend product.
Gemini, an exchange run by Tyler and Cameron Winklevoss, felt the pinch as Monzo, one of the U.K.’s leading challenger banks, banned payments to it at the beginning of August.
Over five digital currency companies have expressed interest in going public–experts warn that both equities and digital currency are in a bubble.
Gemini, the digital currency exchange co-founded by Cameron and Tyler Winklevoss, may be looking to become a publicly traded company.