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” Grayscale ETH trust nears record 60% discount as nerves continue over DCG “ The Grayscale Ethereum Trust (ETHE) is trading at nearly a 60% discount to the underlying value of its assets, with shares falling 93% from its Jun. 2019 all-time high (ATH). There are many reasons behind the ongoing decline, but in recent…
” 3 reasons why it could be a rocky week for Bitcoin, Ethereum and altcoins “ Continuing with 2022’s trend, there is a lack of positive excitement in the crypto market. While Bitcoin (BTC) and altcoins have remained stagnant to start 2023, there are a few reasons why volatility could spike in January. Market caps…
“Gemini’s Winklevoss twins accuse Barry Silbert of ‘bad faith’” The Winklevoss twins and their troubled cryptocurrency site Gemini accused the boss of key lending partner Genesis of “bad faith stall tactics” this week as $900 million in customer funds remain in limbo. Gemini co-founder Cameron Winklevoss penned a scathing open letter to Digital Currency Group CEO…
“Winklevoss twins sued by Gemini investors over crypto crisis” The Winklevoss twins and their embattled cryptocurrency site Gemini were slapped with a potential class action lawsuit this week from a pair of disgruntled investors who accused them of fraud and other violations. The complaint filed by investors Brendan Picha and Max J. Hastings alleges that…
“Winklevoss twins owed $900M by crypto broker as FTX contagion spreads” The crypto exchange owned by the Winklevoss twins is trying to recoup $900 million from a cash-strapped crypto broker that has been gutted in the wake of the FTX collapse, according to a report. New York-based Gemini — which Tyler and Cameron Winklevoss started…
” Gemini gets regulatory greenlight in Italy, Greece amid lending halt “ Winklevoss brothers’ cryptocurrency exchange Gemini continues expanding in Europe, announcing new regulatory approvals in Italy and Greece. Gemini has registered as a virtual currency operator with Italy’s payments services regulator, the Organismo Agenti E Mediatori (OAM), the firm announced on Nov. 30. The…
“Winklevoss twins’ Gemini crypto exchange caught up in FTX meltdown” More signs of trouble have surfaced at the Winklevoss twins’ embattled cryptocurrency exchange Gemini after FTX’s sudden collapse into bankruptcy sparked fears of a sector-wide contagion. CoinDesk reported on Wednesday that Gemini had experienced a $563 million rush in customer outflows in the last 24…
“Winklevoss twins cover ‘Don’t Stop Believin’ days after laying off crypto employees” As the cryptocurrency market plunges, Cameron and Tyler Winklevoss have a message: “Don’t Stop Believin.’” The twins — best known for accusing Mark Zuckerberg of stealing their idea for Facebook — covered the classic Journey tune at a New Jersey rock club last Thursday…
“Winklevoss twins’ Gemini slashes 10% of staff during crypto crash” Crypto winter is coming. The Winklevoss twins’ cryptocurrency trading hub Gemini is slashing staff for the first time since the firm was founded in the latest sign of turmoil related to the recent plunge in crypto prices. Cameron and Tyler Winklevoss – best known for…
“NFT auctions from Beeple, Madonna flop amid crypto crash” The once-sizzling market for NFTs has become a spectacular bust, as high-profile auctions increasingly flop and investors who plunked down millions for bizarre digital artworks now struggle to unload them at a tiny fraction of what they paid. Last spring, the little-known crypto artist Beeple sold…