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.
Visa has announced that it has reached a deal to acquire Plaid in a $5.3B deal. Plaid connects fintech platforms, including crypto, to users’ bank accounts.
Banco BTG Pactual announced plans for the security token, which will be backed by distressed real estate.
A judge has ordered the Winklevoss twins to cough up $45,000 in order to cover certain legal fees in conjunction with a lawsuit they filed against entrepreneur and crypto investor Charlie Shrem.
Two OTC trading desks saw their accounts on the Gemini exchange abruptly shut down after both exchanges told the company they would be redeeming their GUSD holdings.
Gemini has announced it has passed an independent security compliance audit by Deloitte, in a development the company is hailing as a “world’s first for a cryptocurrency exchange and custodian.”
The Winklevoss twins’ cryptocurrency exchange Gemini Trust Company, LLC now offers insurance coverage for digital assets in its custody.
The US-based Gemini cryptocurrency exchange is reportedly looking to establish an office in the UK, but no definite date has yet been provided.
A study on the Gemini dollar (GUSD) reviewed the stablecoin’s smart contract code in an effort to demonstrate that a GUSD implementation can become frozen or non-transferable without notice.