
Bankrupt BlockFi proposes client asset conversion into stablecoins for trade-only wallets
Trade-only withdrawal worries overcome as BlockFi seeks to convert assets to stablecoins in bankruptcy proceedings.

Read Gemini news, including exchange products, legal developments, regulatory issues, institutional offerings, and company strategy.

On Aug. 10, Gemini relisted XRP token and enabled support for the XRP Ledger blockchain network.

DCG stated that Gemini failed to attach its bankrupt subsidiary, Genesis, in the lawsuit.

Regulatory cloud in US prompts crypto hiatus for Revolut giving users until October to remove funds

Despite the ongoing regulatory pressure on U.S. exchanges, their offshore competitors saw much higher Bitcoin outflows in the past month.

DCG also reported that the company has appointed Mark Shifke as its new chief financial officer (CFO).

Winklevoss' final offer, which he calls "fair and reasonable for everyone," demands payment of $1.465 billion from DCG over 5 years.