Gemini

Winklevoss brothers-owned crypto exchange Gemini witnessed a surge in withdrawals early, as crypto firms tackle the cascading effects of the collapsed exchange FTX (CRYPTO: FTT). What Happened: On-chain data revealed by Nansen, $485 million have been withdrawn from Gemini, in the last 24 hours....

Stablecoin issuer Tether (CRYPTO: USDT) said on Wednesday that it had no exposure to institutional cryptocurrency lender Genesis or the Gemini Earn program, which have halted withdrawals. What Happened: The lending division of crypto investment bank Genesis Global Trading ...

Tyler and Cameron Winklevoss-led cryptocurrency platform Gemini on Wednesday said it will not be able to meet customer redemptions for the next five days after its lending partner Genesis Global Capital paused withdrawals. “The past week has been an incredibly challenging and stressful time...

Major cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) announced that payments giant PayPal Holdings Inc (NASDAQ: PYPL) has joined its TRUST network. What Happened: Coinbase said on Tuesday that the addition of PayPal to the TRUST network marked another milestone...

The iconic emoji brand is one of the latest companies to enter the world of non-fungible tokens. Here’s a look at how the company is tackling the world of NFTs with one of the most well-known emojis first. What Happened: The emoji company is partnering with RECUR to bring poop emojis to life...

Hello Kitty and Friends are coming to the world of non-fungible tokens (NFTs). Here are the details of the partnership between Hello Kitty parent Sanrio and NFT company Recur. What Happened: A collection of 10,000 NFTs will be launched featuring six characters from the Hello Kitty and Friends brand...

The world’s largest cryptocurrency exchange has slashed Bitcoin (CRYPTO: BTC) trading fees on its platform down to zero. What Happened: In an announcement on Wednesday, Binance said that as of July 8, it would remove fees entirely from 13 stablecoin and fiat pairs for Bitcoin. Included...

As cryptocurrencies continue their bearish downtrend over the past few months, numerous crypto firms globally are facing severe liquidity crises and a capital bleed-outs. Consequently, uncertainty looms over the job market in the crypto sector. What Happened: As macroeconomic fears of an impending...

Coinbase Global Inc. (NASDAQ: COIN) has found itself at the center of major controversy as numerous investors say the company is refusing to return a significant amount of cryptocurrency to users, despite the exchange platform having access to the tokens. What Happened: Coinbase is...

Numerous cryptocurrency firms globally are firing significant shares of their workforce in the wake of bearish market sentiment.  What Happened: The last week has seen major cryptocurrency exchanges and companies, such as Gemini, 2TM and Bitso, dismiss dozens of employees.  The...

The U.S. Commodity Futures Trading Commission (CFTC) is suing cryptocurrency exchange Gemini, owned by Cameron and Tyler Winklevoss, for “making false or misleading statements” to the regulator in 2017. What Happened: According to a release from the regulator on Thursday, Gemini made...

Major cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) plans to extend its hiring freeze and rescind a number of accepted job offers. What Happened: In a blog published on Thursday, the company said that it has become evident it needs to “take more stringent measures” to...

While Chipotle Mexican Grill, Inc. (NYSE: CMG) shares are up on Thursday morning, they were quiet during Wednesday’s after-hours trading session after it was announced the international fast-casual Mexican restaurant would begin to accept Bitcoin (CRYPTO: BTC) as a form of payment. What...

BlackRock, Inc. (NYSE: BLK) and Citadel Securities have denied any involvement in the collapse of Terra’s (CRYPTO: LUNA) algorithmic stablecoin TerraUSD (CRYPTO: UST). What Happened: According to a Wednesday report from Forbes, both the investment firms said in separate emails that they do...

A token connected to one of the most popular and valuable non-fungible tokens of all-time has soared in value over the last week ahead of a very anticipated event. What Happened: Launched by ApeDAO, ApeCoin (CRYPTO: APE) is a token expected to be used in the Yuga Labs and Bored Ape Yacht Club...