3 / 7 Relevant items tagged with #Gemini

Posts

Report: Genesis Global Cleared to Unload $1.3 Billion in GBTC Shares

[Feb 14, 2024 5:30 PM] Genesis Global Capital has received authorization to offload its stake in Grayscale’s Bitcoin Trust (GBTC), valued at approximately $1.3 billion. Genesis Global Permitted to Liquidate $1.3 Billion in Bitcoin Trust Shares According to…

New York Expands Fraud Case Against Digital Currency Group to $3 Billion

[Feb 9, 2024 11:46 AM] New York Attorney General Letitia James has amplified its fraud case against Digital Currency Group (DCG), now saying the company is responsible for $3 billion in investor losses tied to the Gemini Earn product and to direct investments with…

Crypto Titan Digital Currency Group Opposes Genesis’ Restructuring Plan for Favoring Select Creditors

[Feb 7, 2024 11:30 AM] In a legal document filed on Feb. 6, 2024, the crypto juggernaut, Digital Currency Group (DCG), voiced opposition to Genesis’ revised bankruptcy strategy for multiple concerns. DCG argues that the plan favors certain creditors over others…

Genesis Seeks Approval to Sell $1.6B in Bitcoin, Ether Trust Holdings

[Feb 5, 2024 4:08 AM] Nearly $1.4 billion of Genesis’ assets were held in Grayscale Bitcoin Trust (GBTC), which has since converted to a spot exchange-traded fund (ETF).

Genesis Seeks Court Approval to Offload $1.4 Billion in GBTC Assets Post-SEC Settlement

[Feb 4, 2024 10:30 AM] After reaching an agreement with the U.S. Securities and Exchange Commission (SEC), the bankrupt company Genesis Global Capital has submitted a petition to the bankruptcy court to dispose of holdings from Grayscale’s Bitcoin Trust, Ethereum…

Crypto Exchange Gemini Secures Registration in France — Now Operational in Over 70 Countries

[Jan 18, 2024 11:00 PM] Cryptocurrency exchange Gemini is now registered as a digital asset service provider in France. The crypto firm explained that following the launch of its EU headquarters in Ireland in 2022, “Gemini is now operational in more than a dozen EU…

Regulatory Victory: Gemini Receives Digital Asset Service Provider Registration In France

[Jan 17, 2024 9:00 PM] Cryptocurrency exchange Gemini, founded by the Winklevoss twins, has been granted crypto registration by the French markets watchdog Autorite des marches financiers (AMF).  According to a recent announcement made by the exchange, this approval…

Bitcoin ETF Approval Marks Conclusion of a Decade-Long Journey

[Jan 11, 2024 2:55 AM] Much has changed since the Winklevoss filed unsuccessfully for the first Bitcoin ETF in July 2013.

Small ESG-Focused Crypto Asset Manager Is Another Late Entrant to Bitcoin ETF Race

[Dec 18, 2023 6:15 PM] A small ESG-focused crypto asset manager, 7RCC, is the latest applicant to join the race for a spot-bitcoin exchange traded fund (ETF), a filing with the Securities and Exchange Commission (SEC) shows.

Google slashes price of Gemini AI model, opens up to developers

[Dec 14, 2023 7:46 AM] Google parent company Alphabet said it was slashing prices for its pro version of AI model Gemini and plans to make its tools more accessible to developers to create their own versions.

Gemini creditors revolt over ‘brutal’ Bitcoin slashing reorg plan

[Dec 13, 2023 11:04 PM] Under the proposed plan, Gemini Earn users may only recover 61% of their lost funds in a worst-case scenario.

Google’s Gemini demo is now getting accused of being ‘fake’

[Dec 10, 2023 10:29 PM] Onlookers praised the Gemini tech demo from Google upon its release last week but the tech firm admits some of it was jazzed up for “brevity.”

Google’s Gemini, OpenAI’s ChatGPT go head-to-head in Cointelegraph test

[Dec 8, 2023 7:30 AM] Comparisons of Google’s Gemini and OpenAI’s ChatGPT continue to flood internet social spaces, so we decided to put them to the test with questions of our own.

Is Google’s Gemini really smarter than OpenAI's GPT-4? Community sleuths find out

[Dec 7, 2023 7:25 AM] After Google launched its new high-performance AI model Gemini and claimed it to be far superior to OpenAI’s GPT-4 users on social media began to challenge those claims.

Google’s ‘GPT-4 killer’ Gemini is out, here’s how you can try it

[Dec 6, 2023 9:26 PM] Google has deployed its newest weapon in the AI arms race, a new artificial intelligence model that it claims is smarter and more powerful than OpenAI’s GPT-4.

Binance Compliance Officer Under Scrutiny For FTX, Gemini, And Sex Trafficker Associations

[Nov 28, 2023 8:00 PM] In a recent investigative report by the media outlet Unlimited Hangout, serious allegations were made against Noah Perlman, the chief compliance officer of Binance.  The report highlights Perlman’s alleged ties to the collapse of FTX, the…

Coinbase Is Dominating a Key Bitcoin ETF Service. Can Anyone Else Join the Race?

[Nov 27, 2023 1:45 PM] The race to provide a key bit of infrastructure for bitcoin [BTC] ETFs – custody services – hasn't actually been much of a race so far. Crypto exchange Coinbase has dominated so far, winning the job from the majority of applications from the likes…

Genesis Alleges Multi-Million Dollar Preferential Transfers by Gemini Amidst Crypto Turmoil

[Nov 22, 2023 11:00 AM] In a recent legal move, Digital Currency Group’s (DCG) subsidiary Genesis Global Capital LLC has filed a complaint against the crypto exchange platform and custodian Gemini. Genesis hopes to claw back $689 million from the centralized crypto…

Bankrupt crypto lender Genesis sues Gemini to recover $689M of ‘preferential transfers’

[Nov 22, 2023 2:00 AM] Genesis claims Gemini made preferential transfers of about $689 million from Genesis and wants the court to “correct this unfairness.”

Genesis Sues Gemini to Recover 'Preferential Transfers' Worth $689M

[Nov 22, 2023 1:34 AM] Crypto lender Genesis Global Capital has sued cryptocurrency exchange Gemini Trust, its former business partner, to recover more than $689 million.

Gemini sues Genesis over GBTC shares used as Earn collateral, now worth $1.6B

[Oct 27, 2023 2:29 PM] Genesis wants to use the shares’ initial value in claims and is not releasing additional collateral transferred by DCG, the suit claims.

Gemini Sues Bankrupt Lender Genesis, Its Former Partner, Over $1.6B Worth of GBTC

[Oct 27, 2023 10:20 AM] Cryptocurrency exchange Gemini has sued lending firm Genesis Global over 60 million GBTC shares that were pledged as collateral for Gemini's Earn users.

Gemini, Genesis, DCG Face $1B Fraud Lawsuit by NY Attorney General; Gemini Says It’s the ‘Victim’ in Scandal

[Oct 19, 2023 7:56 AM] New York Attorney General Letitia James filed a lawsuit against crypto companies Gemini Trust Company, Genesis Global Capital, and its parent company Digital Currency Group (DCG) for allegedly defrauding over 230,000 investors out of more than $1…

Crypto Biz: Kraken offers stock trading as exchanges adapt to changing regulations

[Sep 29, 2023 3:00 PM] This week’s Crypto Biz explores Kraken’s securities arm, Gemini’s expansion in India, Binance’s return to Belgium, and an oil company in Argentina investing in crypto mining.

Gemini to Cease Offering Crypto Services in Netherlands in November

[Sep 29, 2023 6:47 AM] Gemini said it is taking the step "due to requirements imposed by the De Nederlandsche Bank (DNB),"

Gemini to halt operations in the Netherlands by mid-November

[Sep 29, 2023 3:35 AM] The company cites the inability to meet regulators’ requirements but says it intends to return to the Dutch market.

Gemini Pulled $282M Earn Users' Funds From Genesis Last Year to Protect Customers

[Sep 28, 2023 9:04 AM] Gemini said it elected to increase its liquidity reserves owing to the market turmoil throughout the summer of 2022, following events such as the collapse of the TerraUSD stablecoin.

Gemini invests $24M for expansion in India

[Sep 26, 2023 12:00 PM] Launched in May, the Gemini Gurgaon Hub has since added over 70 staff.

Gemini legal team accuses DCG of ‘gaslighting’ Genesis creditors

[Sep 15, 2023 3:25 PM] Lawyers representing Gemini Trust filed a response in bankruptcy court to Digital Currency Group’s plan claiming to offer unsecured creditors a “70–90% recovery."

Gemini Blasts DCG and Genesis Bankruptcy Plan, Calling It ‘Misleading at Best’

[Sep 15, 2023 11:22 AM]