Troubled Crypto Firm Genesis Owes Gemini’s Customers $900 Million (Report)
Genesis and Digital Currency Group (DCG) supposedly owe nearly $1 billion to clients of Gemini.
Genesis and Digital Currency Group (DCG) supposedly owe nearly $1 billion to clients of Gemini.
The report comes as possible bankruptcy looms over Genesis as it struggles to raise fresh capital.
Though Gemini Earn remains down, its exchange service is once again accessible.
Circle and Binance are moving their pieces to win the stablecoin race. Gemini doesn't want to be left behind.
The funds will invest directly in BTC, ETH, and FIL via a retail-managed investment scheme.
Gemini became the first crypto exchange authorized to operate as a Virtual Asset Service Provider (VASP) in Ireland.
The crypto winter is here, and Gemini is figthing back with "extreme cost-cutting" —and stealthy— practices.
The lending firm viewed cutting operational expenses as a means to achieve profitability amid crypto winter.
The billionaire twins cited geopolitical instability and the broader macro environment as the major cause of such first-ever job cuts.
The crypto exchange spearheaded by the Winklevoss twins denied rumors about its potential involvement in LUNA's price dump.