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.
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Read Gemini news, including exchange products, legal developments, regulatory issues, institutional offerings, and company strategy.
In light of recent events, Coinbase tweeted to clarify its strong capital position.
Zeynep Geylan 2 min read
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.
US-based crypto exchange Gemini expands into Europe as it receives an additional license from the Central Bank of Ireland.
Reportedly, crypto exchange Gemini is going for the second round of layoffs by firing 15% of staff to further cut costs.
Last year, Singapore was gearing up to be a global crypto hub. Now the regulators are hardening their approach.
Coinbase comes across as 'unprofessional' as it withdraws recent job offers and said it freezes hiring indefinitely.
The CFTC claims that Gemini provided false or misleading information about the Bitcoin Futures Contract's vulnerability to manipulation in 2017.
This is the first time the exchange has made job cuts since it was founded in 2014.
LFG will be distributing their remaining reserves to the smallest holders first in order to compensate users
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