Gemini


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Gemini Escalates Dispute with DCG's Genesis; Coinbase Shares Jump Following Layoff Announcement

Crypto exchange Gemini is ramping up its dispute with Digital Currency Group's (DCG) Genesis Global Trading – its partner on a crypto lending product pitched to smaller investors – by terminating a key aspect of their relationship. CoinDesk and Genesis are both owned by parent company DCG. Plus, Coinbase (COIN) shares are on the rise after the crypto exchange announced plans to layoff roughly 20% of its workforce.

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DCG Responds to Cameron Winklevoss Calling for Barry Silbert’s Removal

Digital Currency Group is responding to the open letter Gemini co-founder Cameron Winklevoss issued, stating in part on Twitter that this "is another desperate and unconstructive publicity stunt." Winklevoss asked the DCG board to remove Silbert, citing DCG's inability to find a fair resolution with creditors of DCG's Genesis unit. DCG is the parent company of CoinDesk.

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Gemini's Cameron Winklevoss Says Barry Silbert Is 'Unfit to Run DCG'

Gemini co-founder Cameron Winklevoss issued an open letter on Tuesday calling for the removal of Digital Currency Group (DCG) CEO Barry Silbert a week after calling out the executive over a business disagreement. Pacific Street Managing Director Gareth Rhodes weighs in on the latest developments. DCG is the parent company of CoinDesk.

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DCG Concerns Linger Amid Crypto Winter

Digital Currency Group (DCG) faces an investigation by the U.S. Department of Justice and SEC on the transfer of funds between DCG and its Genesis unit, according to a report from Bloomberg. DCG is the parent company of CoinDesk. Pacific Street Managing Director Gareth Rhodes weighs in. Plus, he discusses his opinion piece titled, "The Impact of Avraham Eisenberg’s Case on the Future of Crypto," focusing on whether "white hat" hacking could benefit DeFi protocols.

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More Time Is Needed To Sort Out Finances, Genesis’ CEO Tells Clients

"The Hash" panel discusses the latest developments for Genesis Global Trading, as its interim CEO told clients it needs more time to sort out its tricky financial position. This comes as Gemini co-founder Cameron Winklevoss blasted DCG CEO Barry Silbert for "bad faith stall tactics." Genesis and CoinDesk share the same parent company, Digital Currency Group (DCG).

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Bitcoin Trading Flat Below $17K on Its 14th Birthday

Bitcoin (BTC) is trading around $16,600 as Gemini co-founder accused Digital Currency Group CEO Barry Silbert of “bad faith stall tactics.” Silbert responded, saying his firm submitted a proposal to Genesis and Gemini’s advisers last Thursday. DCG is the parent company of CoinDesk. Sean Farrell, Global Advisors Head of Digital Asset Strategy at research firm Fundstrat, shares his crypto markets analysis.

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Grayscale Bitcoin Trust Trading at 45% Discount Amid Gemini, DCG Dispute

Grayscale Bitcoin Trust shares are trading at a 45% discount, according to YCharts. This comes as the co-founder of crypto exchange Gemini has accused Digital Currency Group CEO Barry Silbert of “bad faith stall tactics” as their respective companies lock horns over a business disagreement precipitated by FTX’s multi-billion-dollar implosion late last year. DCG is the parent company of Grayscale and CoinDesk.

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Gemini, DCG Dispute Is 'Not a Headwind For the Market': DFD Partners President

Gemini co-founder Cameron Winklevoss accuses DCG CEO Barry Silbert of “bad faith stall tactics” as the respective companies lock horns over a business disagreement precipitated by FTX’s implosion. DFD Partners President Bilal Little weighs in on the market's impact of this development. DCG is the parent company of CoinDesk.

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Gemini Co-Founder Accuses DCG’s Silbert of 'Bad Faith' Stalling in $900M Locked Funds Dispute

Cameron Winklevoss, co-founder of crypto exchange Gemini, has accused Digital Currency Group (DCG) CEO Barry Silbert of "bad faith stall tactics" as their respective companies lock horns over a business disagreement precipitated by FTX's multi-billion-dollar implosion late last year. DFD Partners President Bilal Little discusses what this means for the crypto markets. DCG is the parent company of CoinDesk.

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