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winklevoss


A second stablecoin has broken its peg with the U.S. dollar – except this one’s soaring well above a buck, not tanking below it. According to data from CoinMarketCap, the Gemini exchange-issued Gemini dollar (GUSD) saw its price hit an all-time high of $1.19 Tuesday after first breaking its dollar peg on Monday, when it …

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Crypto exchange Gemini has obtained insurance coverage for the digital assets it holds in custody, it announced Wednesday. The Gemini Trust Company said in a press release that its insurance will be provided through a consortium of insurers under a system set up by global professional services firm Aon, which already provides “a broad range …

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German political theorist Hannah Arendt famously made a statement which also applies to Bitcoin: the most radical revolutionaries will become conservatives the day after the revolution. Though this cryptocurrency revolution hasn’t even happened yet, we’re witnessing a dramatic shift which pushes away the anarchistic and boldly radical ideals of early bitcoinists. Now it’s become increasingly …

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Crypto exchange Gemini announced Monday that it is launching a dollar-backed stablecoin built on ethereum. The Gemini dollar is designed to provide liquidity for users hoping to send or receive U.S. dollars through the ethereum network, a press release stated. It will be “strictly pegged” to the dollar, with the Gemini Trust Company holding USD deposits …

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Crypto exchange Gemini founders Cameron and Tyler Winklevoss have won a patent for a cold storage method involving air-gapped computers, geographically remote vaults, plastic cards and, possibly, papyrus. Filed under the brothers’ firm Winklevoss IP, LLC, the document – published Tuesday by the U.S. Patent and Trademark Office – outlines a plan to develop a network of …

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Regulators like the Securities and Exchange Commission shouldn’t be acting as gatekeepers to new technologies like bitcoin, according to Commissioner Hester Peirce. Peirce’s remarks, made during an interview with CoinDesk, follow the agency’s decision to confirm the 2017 rejection of a bitcoin-tied exchange-traded fund backed by Cameron and Tyler Winklevoss, which reinforced the argument made …

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Karma is real. Just as the crypto community was – not so secretly – displaying its joy over Facebook’s historic stock loss, bitcoin’s price took a surprising drop below $8,000. A reaction to the news that bitcoin exchange-traded fund (ETF), one proposed by brothers and co-investors Tyler and Cameron Winklevoss, had been rejected for the second time, it …

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July 26 might be forever remembered as one of the darkest days in Facebook’s history – or, at the very least, for its shareholders. An otherwise unassuming Thursday, the day saw the social media giant lose more than $120 billion in market value, the biggest loss in one day for any U.S. traded company. According …

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The U.S. Securities and Exchange Commission (SEC) has once again rejected an effort by investors Cameron and Tyler Winklevoss to list a bitcoin ETF. The move comes more than a year after the SEC turned down a rule change request from the Bats BZX Exchange that would have paved the way for the bitcoin-tied investment vehicle. …

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Cryptocurrency exchange Gemini has hired former New York Stock Exchange (NYSE) chief information officer Robert Cornish to serve as its first chief technology officer. The exchange, founded by investor-brothers Cameron and Tyler Winklevoss, announced Friday that Cornish would be in charge of Gemini’s technology team and strategy, according to a press release. Further, Cornish will …

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Crypto exchange Gemini founders Tyler and Cameron Winklevoss have long sought the creation of a bitcoin exchange-traded fund. And while that process remains in flux, a company tied to the brothers has won another U.S. patent related to the creation of exchange-traded products tied to cryptocurrencies and digital assets. The patent was awarded to a …

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Winklevoss IP, the company owned by Gemini founders Cameron and Tyler Winklevoss, has been awarded with a patent claim that aims to settle exchange traded products (ETPs) holding cryptocurrencies. The company outlined a system that can execute transactions for ETPs holding cryptocurrencies “such as bitcoins … ripple, dogecoins … ether” as well as BBQCoin, among others, …

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A company owned by Cameron and Tyler Winklevoss, founders of the Gemini cryptocurrency exchange, has been granted a patent for a system that seeks to improve the security of digital transactions. The application was filed in November and granted on Tuesday by the U.S. Patent and Trademark Office (USPTO). It describes a “system, method, and program …

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A proposed cryptocurrency self-regulatory organization (SRO) put forward by Gemini founders Cameron and Tyler Winklevoss has won support from a key government advocate on the issue. CFTC Commissioner Brian Quintenz has consistently advocated for the creation of a crypto SRO, calling for such a move during last week’s keynote at the DC Blockchain Summit in …

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Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. JPMorgan CEO Jamie Dimon is famous for his bombastic bitcoin bashing, but the vocal bitcoin critic had been largely silent on the flagship cryptocurrency over the course of the past two months. Jamie Dimon Remains Skeptical of Bitcoin However, he broke that …

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Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Themis Trading LLC, an equities brokerage agency for institutions, has joined the attack on CME Group’s decision to launch bitcoin futures. A recent blog on the company’s website argues that the U.S. Commodity Futures Trading Commission (CFTC) should not approve CME’s bitcoin …

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