Gemini Can Freeze its USD-Pegged Cryptocurrency at Any Time: Researcher

Much has been made in recent days about how Gemini dollar (GUSD), a USD-pegged stablecoin created by the Winklevoss-founded Gemini cryptocurrency exchange, can help regularize cryptocurrency as a mainstream asset class. However, decentralization hardliners may be dismayed by the details of this grand bargain. GUSD Smart Contract Gives Gemini Broad Control Writing on tech publication The post Gemini Can Freeze its USD-Pegged Cryptocurrency at Any Time: Researcher appeared first on CCN

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Winklevoss Twins Poach NYSE Executive to Serve as Gemini’s First CTO

Gemini, the Winklevoss twins’ cryptocurrency exchange, has joined the trend of hiring institutional trading executives for crypto exchanges by hiring Robert Cornish of the New York Stock Exchange (NYSE) to serve as its first chief technology officer. Cornish oversaw Pillar, the project aimed at revamping the NYSE‘s famous Big Board and its outdated electronic trading platforms. The post Winklevoss Twins Poach NYSE Executive to Serve as Gemini’s First CTO appeared first on CCN

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DOJ’s Bitcoin Price Manipulation Probe a ‘Good Thing’: Mike Novogratz

Billionaire investor and former hedge fund manager Mike Novogratz said that he is optimistic that the US Department of Justice’s (DOJ) recently-launched probe into allegations of bitcoin price manipulation will contribute to the long-term health of the cryptocurrency market. Speaking in an interview with Bloomberg, Novogratz — the founder of $250 million cryptocurrency merchant bank The post DOJ’s Bitcoin Price Manipulation Probe a ‘Good Thing’: Mike Novogratz appeared first on CCN

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Winklevoss-Led Gemini Becomes ‘World’s First Licensed Zcash Exchange’

Gemini has become the “world’s first licensed Zcash exchange,” the company announced on Monday. The New York City-based cryptocurrency exchange — which was founded by Cameron and Tyler Winklevoss — today revealed that it will open zcash trading markets (ZEC/USD, ZEC/BTC, and ZEC/ETH), which it says makes it the “first licensed Zcash in the world.” The post Winklevoss-Led Gemini Becomes ‘World’s First Licensed Zcash Exchange’ appeared first on CCN

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Gemini Adds Block Trading to Reduce Impact of Large Orders on Bitcoin Price

Gemini, the cryptocurrency exchange founded by the Winklevoss twins, has added a new feature that will reduce the impact that large buy and sell orders have on the Bitcoin price. Announced on Monday, Gemini Block Trading will allow cryptocurrency “whales” to execute large trades outside of the exchange’s continuously-updated order books, where a single trade … Continued The post Gemini Adds Block Trading to Reduce Impact of Large Orders on Bitcoin Price appeared first on CCN

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Ripple Would Pay to Play on Major US Exchanges: Report

It’s not every day we get a glimpse into what it takes for a cryptocurrency to get a listing on a major exchange. But today we learn the lengths that Ripple, the No. 3 digital coin by market cap, would go to get its XRP coin listed on the leading trading platforms alongside bitcoin and The post Ripple Would Pay to Play on Major US Exchanges: Report appeared first on CCN

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Winklevoss Twins Will Not Sell, Even if Bitcoin Price Hits $380,000

The post Winklevoss Twins Will Not Sell, Even if Bitcoin Price Hits $380,000 appeared first on CCN Tyler and Cameron Winklevoss, better known as the Winklevoss twins, still believe bitcoin will remain as the best investment over the next few decades. $8 Trillion Market Cap In 2012, when Facebook went public, the Winklevoss twins received $45 million from the settlement of Facebook founder and CEO Mark Zuckerberg. In spite of their lawyers’ The post Winklevoss Twins Will Not Sell, Even if Bitcoin Price Hits $380,000 appeared first on CCN

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