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“# SEC reportedly probing crypto lending products by Gemini and Celsius ” The United States Securities and Exchange Commission (SEC) is reportedly reviewing some of the high-yield crypto lending products offered by Gemini, Celsius Network and Voyager Digital. According to a report published in Bloomberg, the SEC is conducting an inquiry into digital asset lending…
“# We are seeing ‘10x growth in terms of the number of nonprofits accepting crypto,’ says Alex Wilson of The Giving Block ” With the market capitalization of digital currencies surpassing $2 trillion, there is now record interest in crypto philanthropy. From helping to build a school in Uganda to fundraising for frontline healthcare workers and raising awareness…
“# Total crypto market cap drops by 6.7%, but futures data finds a silver lining ” Looking at the past seven days of winners and losers might give one the impression that cryptocurrency markets are net positive. Still, total market capitalization actually fell by 6.7% to $2.72 trillion as Bitcoin’s (BTC) price retraced 8.3% to…
“# Mariah Carey buys Bitcoin, hopes to empower fans through education ” Pop icon Mariah Carey is the latest celebrity to embrace Bitcoin (BTC) through the Winklevoss-led Gemini cryptocurrency exchange, offering another sign that digital assets are becoming mainstream. In a video message to her 10.2 million Instagram followers, Carey announced Tuesday that she is…
“# Bitcoin billionaires back ‘moonshot’ scheme to resurrect woolly mammoths ” Bitcoin billionaires Tim Draper and the Winklevoss twins have backed a start-up dubbed “Colossal” that is aiming to resurrect woolly mammoths as part of the effort to fight climate change. The “de-extinction” focused bioscience firm closed a $15 million funding round on Sept.13, which…
“# Gemini plans to beat Binance through compliance, aims to become ‘fastest tortoise’ in race ” Gemini exchange co-founder, Cameron Winklevoss, has stated the company expects to overtake the current largest crypto exchange by volume, Binance, predicting its emphasis on compliance will win out as regulators increasingly crack down on unregulated exchanges. As reported by…
“# Winklevoss’ Gemini buys carbon credits to cut Bitcoin’s CO2 footprint ” Gemini, a major cryptocurrency exchange founded by Cameron and Tyler Winklevoss, is responding to Bitcoin’s (BTC) environmental issue by purchasing carbon credits. On Thursday, the company announced its long-term initiative to incorporate climate-conscious measures into its business, launching a collaboration with Climate Vault, a…
“# $1.3M worth of BTC donated to Bitcoin-hodling charity in less than 3 weeks ” New York-based non-profit, Charity: water, has received more than $1 million in BTC donations to its Bitcoin Water Trust within three weeks of the trust’s launch. The Bitcoin Water Trust was announced during the 2021 Bitcoin conference in Miami. The…
“# Gemini reports ‘degraded performance’ in key systems as ETH falls under $4,000 ” Major U.S.-based cryptocurrency exchange Gemini has experienced two service disruptions today and is now reporting degraded performance in its mobile app, web interface, and application programming interface. According to an update on the Gemini status page, the crypto exchange began investigating…
“# Crypto on the casino floor? Las Vegas resort partners with Gemini ” A Las Vegas casino-resort which aims to open for business next month has just partnered with major cryptocurrency exchange Gemini. In an announcement today, Resorts World Las Vegas said it would be allowing customers to use their Gemini wallets “to enhance the…