Gemini News

Stay informed on Gemini news, regulatory actions, product launches, custody services, Earn program developments, and institutional adoption.

Legal

Gemini Earn users launch class arbitration against Genesis, DCG

The claimants allege that Genesis breached its agreement with Gemini Earn users and engaged in the unregistered sale of securities.

3 years ago

Legal

Gemini faces lawsuit for violating the U.S. Exchange Act

The exchange allegedly didn't register its interest-bearing accounts as securities.

3 years ago

Exchanges

Gemini suffers 2 downtimes in 7 days

Gemini said it was entering maintenance mode to investigate an application recovery issue.

3 years ago

Investments

Amber Group reportedly looking to downsize despite raising $300M

Amber group is allegedly looking to lay off 400 people and cancel performance-based bonuses.

3 years ago

Exchanges

Scheduled maintenance keeps Gemini down for hours

The crypto exchange has extended its down period by more than 3 hours without explanation.

3 years ago

Bear Market

Gemini formed an ad hoc committee to advocate for a solution for Earn users amid suspension of withdrawals

There have been ongoing discussions between Genesis, it's parent company Digital Currency Group Inc. (DCG) and DCG CEO Barry Silbert to find a resolution

3 years ago

Exchanges

Gemini reveals $601M GUSD backing, 45+ licenses amid global exchange turmoil

Winklevoss owned Gemini shows assets, FIAT holdings, and reserves in new 'Trust Center'

3 years ago

Exchanges

Coinbase says it has no exposure to Genesis, touts ‘strong capital position’

In light of recent events, Coinbase tweeted to clarify its strong capital position.

3 years ago

Exchanges

Breaking: Gemini Earn halts withdrawals due to ‘market turmoil’ caused by FTX fallout

Gemini said it is working with Genesis to help customers redeem their funds from the Earn program "as quickly as possible" but did not specify when withdrawals might resume.

3 years ago