Winklevoss Twins

Winklevoss Twins Commit $2 Million in BTC to Trump’s Presidential Campaign

Tyler and Cameron Winklevoss, the co-founders of Gemini, have announced their donations of $1 million each in Bitcoin to former President Donald Trump’s campaign. Both have publicly declared their support for Trump in the upcoming November election, criticizing the Biden administration for weaponizing multiple government agencies to bully and sue the cryptocurrency industry. Biden Administration...
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Fairshake Super PAC Receives $4.9 Million Funding from Winklevoss Twins

Fairshake, a Super PAC supporting candidates favorable to cryptocurrency and blockchain technology, has garnered $4.9 million in funding, with contributions from billionaire brothers Cameron and Tyler Winklevoss. The Winklevoss twins, known for co-founding the Gemini exchange and their significant Bitcoin investments, were early backers of Fairshake. The initial investment dates back to December 18, 2023....
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Gemini CTO Steps Down

Over the past year, major crypto platforms have been losing C-suite members either to other firms or to other markets entirely. Kraken, Coinbase, Binance, and even FTX, prior to its crash, all saw executives leave for some reason or other over the past year. However, this is Gemini’s second high-level departure – Noah Perlman, Gemini’s...
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US Authorities Inquire Winklevoss Over Allegations Against DCG and Barry Silbert: Report

The ongoing dispute between prominent figures in the cryptocurrency industry has attracted the attention of United States investigators who were already conducting financial inquiries into one of the most renowned empires in the sector. According to a Bloomberg report, the authorities are currently investigating allegations of fraud raised by Cameron Winklevoss, co-founder of the crypto...
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Cameron Winklevoss Issues 3-Day Ultimatum to DCG’s Barry Silbert, Threatens Lawsuit 

Cameron Winklevoss, the co-founder and president of cryptocurrency exchange Gemini, has given Barry Silbert, the founder and CEO of embattled crypto empire Digital Currency Group (the parent company of bankrupt crypto lender Genesis), a 3-day ultimatum in another open letter. The Gemini president threatened to sue Silbert and DCG should they fail to agree to...
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Bitcoin Will be the Best Trade of the Decade, Gemini Co-Founder Says

Cameron Winklevoss – Co-Founder and President of crypto exchange Gemini – thinks the “great accumulation of bitcoin has begun.”  He believes the asset will go on a massive uptrend once a BTC Spot ETF receives approval in the United States. As such, he labeled it as “the most obvious and best trade of this decade.”...
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Gemini Eyes UAE Expansion Amid US Uncertainty, Crypto.com Gets MPI License in Singapore

The Winklevoss-led crypto exchange Gemini announced it has started the process of acquiring a crypto license to serve customers based in the United Arab Emirates (UAE). As part of its global expansion plans, Gemini revealed engaging with stakeholders throughout the region to learn more about local regulatory requirements and the needs of UAE crypto investors....
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Winklevoss Twins Inject $100 Million Worth of Funds Into Gemini

Gemini has, so far, managed to stay on top of crypto winter, albeit at a steep cost. The crypto exchange conducted two rounds of layoffs within the past year in a bid to cut down on operational costs. Cash Flow Problems The crypto exchange’s cash flow was also severely affected by its spat with Genesis,...
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Cameron Winklevoss Predicts Next Crypto Bull Run Will be Driven by Asia

On Feb. 20, the crypto pioneer said his working thesis at the moment is that the next bull run is going to start in the East. He added that it will be a reinforcement of the principle that crypto is a global asset class. Each region can have its own rules and stance on crypto,...
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Crypto Lender Genesis Reaches Principle Agreement With DCG and Creditors

On Feb. 6, Genesis announced that it has arrived at a global resolution that will “maximize value” for all Genesis clients and stakeholders. The in principle agreement is with its parent company DCG and groups of creditors which, on aggregate, hold or represent more than $2 billion in asserted claims. In early January, Genesis axed...
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NYDFS Probes Gemini Over Claims Concerning the Earn Program (Report)

The New York Department of Financial Services reportedly launched an investigation against Gemini, alleging that the cryptocurrency exchange told its 340,000 Earn users they were FDIC-protected. The program, which provided clients up to 7.4% APY on their holdings, went down after the platform’s partner – Genesis – halted withdrawals and filed for bankruptcy. The NYDFS...
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Cameron Winklevoss Ready to Take Legal Action Against DCG’s Barry Silbert

The Co-Founder of Gemini – Cameron Winklevoss – said he could sue the CEO of Digital Currency Group – Barry Silbert – for allegedly defrauding over 340,000 Earn users. The threat comes shortly after Genesis (a subsidiary of DCG) filed for Chapter 11 bankruptcy protection.  The Verbal Fight Goes on The partnership between Genesis and...
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DCG Suspends Quarterly Dividends Amidst Genesis Crisis: Report

Barry Silbert’s crypto conglomerate, Digital Currency Group (DCG), revealed halting quarterly dividends until further notice. In an email to shareholders, as viewed by Bloomberg, the crypto investment firm said it is currently focused on “reducing operating expenses and preserving liquidity” in response to the current market environment. Troubles for DCG The FTX collapse exposed significant...
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Cameron Winklevoss Calls for the Removal of DCG CEO Barry Silbert

Gemini co-founder Cameron Winklevoss has called on the Board of Digital Currency Group (DCG) to immediately remove CEO Barry Silbert According to Winklevoss, the DCG chief executive made false and misleading statements regarding the financial status of crypto brokerage firm Genesis. In an open letter on Tuesday (January 10, 2022), Cameron Winklevoss, speaking on behalf...
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Gemini-DCG Fiasco May Shape to Be ‘Market Bottom Event’ in 2023: Report

According to the latest edition of Arcane Research, the entire market appears to be stabilizing even though there’s still some uncertainty left. Having said that, all eyes are on DCG’s next steps, which can further intensify downward price action. Bitcoin Volatility Nearing 30-Months Low Bitcoin’s current price action was defined as stale as its volatility...
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Winklevoss Twins and Gemini Sued for Fraud Over Interest Accounts: Report

A group of investors has filed a class-action complaint against Gemini Trust Co. and its founders, Tyler and Cameron Winklevoss, alleging that the U.S. cryptocurrency exchange sold unregistered securities in the form of interest-bearing accounts. The lawsuit comes about a month after Gemini halted withdrawals due to liquidity issues facing one of its business partners....
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Winklevoss’ Gemini Will Lay Off 10% of its Staff Amid Crypto Winter

Gemini – the crypto exchange spearheaded by billionaire twins Cameron and Tyler Winklevoss – announced first-ever job cuts as the months-long crypto selloff had shown no signs of reversal yet. Around 10% of the existing staff will be laid off, according to an internal memo acquired by Bloomberg. Contraction Phase In the memo addressing their...
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Gemini Buys Omniex in Trading Expansion Push

US-based cryptocurrency custody and exchange Gemini has made its latest acquisition, with the company purchasing the trading technology startup, Omniex. Gemini announced the news of the acquisition in a blog post on Wednesday (January 19, 2022). According to the exchange platform, Omniex will be integrated into Gemini Prime, which was publicly launched following the acquisition....
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Gemini Eyes $400 Million Funding Round аt Potential $7 Billion Valuation

The popular New York-based cryptocurrency exchange, Gemini, has recently revealed that it is seeking to raise about $400 million in a new funding round. Thus, its total valuation could rise to $7 billion. A Potential $7B Valuation Citing unnamed sources on Thursday, Bloomberg reported that the fundraising will bring the exchange’s valuation to $7 billion....
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The Winklevoss Brothers Have Formed a Musical Band

The Bitcoin price crash has been so severe that the Winklevoss twins, arguably one of the largest BTC whales in the world, have decided to start a band to make ends meet. Let’s Rock! Ok, Ok; maybe we’re exaggerating, but a report from the celebrity gossip site Page Six claims that the multi-talented Winklevoss twins...
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The Fed is Bitcoin’s Biggest Booster, Say The Winklevoss Twins

Speaking to Anthony Pompliano during the 2021 Bitcoin conference, the Gemini founders, Tyler and Cameron Winklevoss noted that they are still BTC hodlers and pledged to hold at least until the price reaches $500,000. Additionally, they called the US dollar the “ultimately shitcoin.” The Winklevoss twins are among the most famous early BTC adopters, having...
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Gemini Now Allows Users to Earn up to 2.25% Interest on Dogecoin

The US-based cryptocurrency exchange Gemini announced it will grant its customers the opportunity to earn interest on Dogecoin. They can realize as much as 2.25% annual percentage yield (APY) on the meme coin. With this innovation, Gemini Earn now accounts for more than $2 billion in loans for its customers. DOGE Coming to Gemini The...
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Gemini Partners With Mastercard to Launch a Crypto Credit Card With Rewards in Bitcoin

Mastercard continues its crypto-related efforts by partnering with the digital asset exchange Gemini to introduce an innovative crypto rewards credit card. Dubbed Gemini Credit Card, it already has over 100,000 people on its waitlist but should see the light of day in the summer. Crypto Rewards Credit Card From Gemini The crypto exchange founded and...
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Real Estate Giant Teams up with Gemini to Buy Bitcoin and Allow BTC Rent Payments

Caruso, one of the largest estate companies in the US, has entered the BTC space with an undisclosed investment. The organization also revealed it will begin accepting bitcoin as payment for rent following a partnership with Gemini – the cryptocurrency exchange founded by the Winklevoss twins. Pay Rent with Bitcoin Without specifying the precise amount,...
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Canada’s Financial Regulator Greenlights a Bitcoin ETF

While the US still fights the idea of an ETF tracking the performance of BTC, the Ontario Securities Commission (OSC) has approved an application from the financial services company Purpose Investments Inc. to launch such a product in several Canadian territories. The approval document reads that Purpose Investments filed the prospectus under Multilateral Instrument 11-102...
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Grayscale Donates $1 Million to CoinCenter, Will Match up to $1 Million More in February

The leading cryptocurrency asset manager, Grayscale Investments, has donated $1 million to the non-profit think tank focused on public privacy in the crypto ecosystem – Coin Center. Additionally, Grayscale has vowed to match every other donation up to $1 million through February 2021. Grayscale Donates $1M To Coin Center Based in Washington, DC, Coin Center...
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Following Coinbase And Bakkt: Winklevoss’ Gemini Reportedly Considers Going Public

Cameron and Tyler Winklevoss are reportedly exploring the option of making their cryptocurrency exchange Gemini public. The brothers could follow the steps of other US-based digital asset-related companies with similar intentions, such as Coinbase and Bakkt. Gemini To Go Public? Bloomberg reported today that the founders of the US-based crypto exchange Gemini are open to...
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Winklevoss’ 7-Year Bitcoin Price Prediction Comes True As Max Keiser Envisions $220,000 By Dec 2021

It has taken roughly seven years, but one of Cameron Winklevoss’ bitcoin price predictions has materialized. Back in 2013, the Gemini co-founder and long-term BTC supporter said that the cryptocurrency will reach a price tag of $40,000 faster than anyone imagines. 2013 Winklevoss Prediction Comes True Back in December 2013, Cameron Winklevoss, previously known for...
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Code to Buy Bitcoin: Tyler Winklevoss About US Stimulus Packages

Tyler Winklevoss, the co-founder of the US-based cryptocurrency exchange Gemini, believes that the US stimulus packages are a “code for buy Bitcoin.” The former business partner of Facebook founder Mark Zuckerberg commented on a speech by the US Federal Reserve Chair Jerome Powell. Cameron and Tyler Winklevoss. Image Source: CNN In it, Powell said that...
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ZCash (ZEC) Price Jumps 6% As Gemini Adopts it for Shielded Withdrawals

New York-based cryptocurrency exchange Gemini has made it possible for its users to engage in shielded Zcash (ZEC) withdrawals. Following the news, the price of Zcash surged 6%. The 33rd-largest crypto by market capitalization is up 110% year-to-date (YTD). Confidential Zcash Withdrawal Now Available on Gemini According to a blog post on Tuesday (September 29,...
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