Tag: Gemini

January 19, 2023 BY Steffy Bogdanova

Crypto bank Genesis to file for bankruptcy

A bankruptcy filing has been in the works for weeks after the bank froze all customer withdrawals on 16 November. The events followed the collapse of major crypto exchange FTX. The liquidity crisis also impacted Genesis’ partnership with Gemini, founded by the Winklevoss twins. The two companies had an agreement to offered a crypto lending…

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Winklevoss-twins
June 03, 2022 BY Steffy Bogdanova

CFTC brings charges against crypto exchange Gemini for making false statements

Acting Director of Enforcement Gretchen Lowe Making false or misleading statements to the CFTC in connection with a futures product certification undermines the CFTC’s work to ensure the financial integrity of all transactions subject to the CEA, protect market participants, deter and prevent price manipulation, and promote responsible innovation and fair competition. This enforcement action…

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acquisition
June 10, 2021 BY Steffy Bogdanova

Crypto platform Gemini acquires Shard X to boost speed and security

Shard X's MPC will work in combination with all other aspects of Gemini's custody offering, including role-based governance protocols, multiple layers of biometric access controls, and physical security to safeguard the sensitive key material, safely stored in government-rated hardware security modules (HSMs), that controls customers' assets. Tyler Winklevoss, CEO of Gemini, commented: Integrating MPC technology…

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May 13, 2020 BY Steffy Bogdanova

JPMorgan to offer services to bitcoin exchanges Coinbase and Gemini

The multi investment bank is providing cash-management and dollar-based transaction services for the two exchanges’ US customers, as well as processing wire transfers and deposits and withdrawals using an electronic funds-transfer system. Coinbase and Gemini’s customers will be able to move money between their cryptocurrency accounts and their traditional bank accounts with the transactional services…

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Integral volumes
July 18, 2019 BY Valentina Kirilova

Avelacom and Gemini to provide enhanced connectivity for crypto markets

Global connectivity and IT infrastructure provider for the financial services industry, Avelacom, announced that it has added Gemini Trust Company, LLC, a digital asset exchange and custodian, to its list of cryptocurrency exchange tech vendors in Equinix’s NY5 data center. Avelacom’s and Gemini's clients can now connect directly to the exchange’s infrastructure to access market…

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May 05, 2016 BY Maria Nikolova

New York DFS authorizes Gemini Trust Company to offer Ether trading

Governor Andrew M. Cuomo today announces that the New York State Department of Financial Services (DFS) has granted authorization Gemini Trust Company, LLC to offer the trading of Ether, an emerging cryptocurrency, on its virtual currency exchange based in New York City. As a limited purpose trust company chartered under New York State Banking Law,…

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