Gemini

Gemini

Markets

Winklevoss Capital moves $43 million in bitcoin to custody after hitting lowest balance since 2012

Arkham data shows 572 BTC moved from Gemini's hot wallet to Winklevoss custody addresses in two transactions in 17 hours, reversing part of last month's $128.5 million deposit.

Tyler and Cameron Winklevoss (Jesse Hamilton/CoinDesk)

Finance

Potential buyers are circling Winklevoss-backed crypto exchange Gemini

Interested parties are considering buying select parts of the business, particularly its shuttered European operations, to secure regulatory licenses, rather than pursuing a full takeover.

Gemini co-founders Cameron and Tyler Winklevoss at White House (Jesse Hamilton/CoinDesk)

Finance

Gemini stock falls 10% after it parts ways with COO, CFO and Chief Legal Officer months after IPO

Crypto exchange says Marshall Beard, Dan Chen and Tyler Meade are departing effective immediately; Cameron Winklevoss to take on COO duties as board names interim finance and legal chiefs.

Gemini co-founders Cameron and Tyler Winklevoss at White House (Jesse Hamilton/CoinDesk)

Markets

Gemini to exit U.K., EU and Australia, reduce staff by 25%, and focus on U.S. and prediction markets

The crypto exchange has instructed affected customers to sign up with eToro by the end of March for withdrawals, while deposits and new accounts have been suspended.

Gemini co-founders Cameron and Tyler Winklevoss at White House (Jesse Hamilton/CoinDesk)

Policy

SEC dismisses lawsuit against billionaire Winklevoss twins-backed Gemini over Earn product

The SEC said Gemini Earn customers had already received 100% of their assets back through Genesis' bankruptcy, warranting the dismissal of the case.

Gemini co-founders Cameron and Tyler Winklevoss at White House (Jesse Hamilton/CoinDesk)

Markets

Citi is still a believer in crypto stocks despite bitcoin being rocked to end the year

Circle remains the bank's top pick in the sector, with Bullish and Coinbase following.

Wall street signs, traffic light, New York City

Policy

CFTC Gives No-Action Leeway to Polymarket, Gemini, PredictIt, LedgerX Over Data Rules

The CFTC granted the operators of Polymarket, PredictIt, Gemini and LedgerX permission to skip certain recordkeeping requirements.

Shayne Coplan, founder and CEO of Polymarket (CoinDesk/Jesse Hamilton)

Markets

Gemini Approved by CFTC to Offer U.S. Prediction Markets, Stock Surges Nearly 14%

The decision allows Gemini’s affiliate to offer supervised event-contract markets to U.S. users, adding regulated forecasting tools as the firm expands its product lineup.

Gemini co-founders Cameron and Tyler Winklevoss at White House (Jesse Hamilton/CoinDesk)

Policy

Crypto CEOs Join U.S. CFTC's Innovation Council to Steer Market Developments

The chief executives of firms such as Gemini and Kraken will pitch in on U.S. policy efforts through the council's future, public discussions.

CFTC Acting Chairman Caroline Pham speaks at SEC (Jesse Hamilton/CoinDesk)

Policy

Most Influential: Cameron and Tyler Winklevoss

The U.S. President’s choice to run the CFTC seemed set to sail through Congress, until Tyler and Cameron Winklevoss stepped in.

Tyler and Cameron Winklevoss