Winklevoss Twins’ Gemini Exchange Faces Hard Landing Risk as Crypto Rout Squeezes Growth Plans and Stability
Bloomberg •
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Zcash privacy wallet ZODL raises $25M seed from Paradigm, a16z crypto, Winklevoss Capital and Coinbase Ventures for self-custodial ZEC development
𝕏/@zodl_app ·
3 ex-Signature Bank execs launch blockchain-powered narrow bank backed by Paradigm, Winklevoss. N3XT Bank operates under a Wyoming charter and opened its proverbial doors on Thursday.
Reuters ·
Bitcoin slipping under $90K has Cameron Winklevoss framing it as a rare buy window. Market stress, whale shorts, and ETF outflows continue to weigh on price action.
Cryptonews ·
Winklevoss-founded Gemini moves to enter prediction markets. The move would bring Gemini into the broader rush of financial firms entering the nascent industry developing around prediction markets, which offer a federally regulated way to bet on the outcome of sports games, elections and other events.
archive.ph ·
Gemini raised $425M in a heavily oversubscribed IPO, pricing shares at $28 each and capping proceeds despite demand exceeding supply 20x, giving the exchange a $3B valuation. The Winklevoss twins retain 94.5% voting power, ensuring tight control as Gemini joins Coinbase and Robinhood among public US crypto exchanges.
Cryptonews ·
Trump’s CFTC nominee Brian Quintenz says the Winklevoss twins tried to derail his confirmation over Gemini’s \$5M penalty. The clash comes just as the exchange readies its IPO this week.
archive.ph ·
Zcash privacy wallet ZODL raises $25M seed from Paradigm, a16z crypto, Winklevoss Capital and Coinbase Ventures for self-custodial ZEC development
𝕏/@zodl_app ·
3 ex-Signature Bank execs launch blockchain-powered narrow bank backed by Paradigm, Winklevoss. N3XT Bank operates under a Wyoming charter and opened its proverbial doors on Thursday.
Reuters ·
Bitcoin slipping under $90K has Cameron Winklevoss framing it as a rare buy window. Market stress, whale shorts, and ETF outflows continue to weigh on price action.
Cryptonews ·
Winklevoss-founded Gemini moves to enter prediction markets. The move would bring Gemini into the broader rush of financial firms entering the nascent industry developing around prediction markets, which offer a federally regulated way to bet on the outcome of sports games, elections and other events.
archive.ph ·
Gemini raised $425M in a heavily oversubscribed IPO, pricing shares at $28 each and capping proceeds despite demand exceeding supply 20x, giving the exchange a $3B valuation. The Winklevoss twins retain 94.5% voting power, ensuring tight control as Gemini joins Coinbase and Robinhood among public US crypto exchanges.
Cryptonews ·
Trump’s CFTC nominee Brian Quintenz says the Winklevoss twins tried to derail his confirmation over Gemini’s \$5M penalty. The clash comes just as the exchange readies its IPO this week.
archive.ph ·