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Crypto lender Genesis and its key creditor group have agreed to a 30-day mediation process in an attempt to move forward with a final restructuring plan, though one company is expressing "frustration" over the pace of progress.On April 30, Gemini tweeted that Genesis, its parent company Digital Currency Group (DCG),
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More than 600,000 Celsius creditors would be closely monitoring the auction as it likely determines subsequent payment schemes. According to a Saturday filing by Kirkland & Ellis, the auction proceedings for bankrupt crypto lending firm Celsius Network LLC will begin on Tuesday. The document further states that the public sale of the New
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Two new consortiums will dispute the assets of bankrupt crypto lender Celsius Network in an auction scheduled for April 25 in New York. According to reports and court filings, crypto exchanges Gemini and Coinbase are among the companies participating in the bids. Court documents show that one of the consortium is
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United States-based crypto exchange Gemini announced on April 21 the upcoming launch of a derivatives platform outside the U.S. The move comes amid a tightening and uncertain regulatory environment for crypto firms in the country. Dubbed Gemini Foundation, the offshore division will offer services to users based in Singapore, Hong Kong,
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Gemini has announced its plans to expand its engineering and operations offices in Gurgaon, India. The exchange is utilizing India’s history of superior engineering to hasten the creation of next-generation web and mobile experiences. Gemini to tap
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied As the regulatory crackdown on cryptocurrency exchanges in the United States continues, Gemini, a leading cryptocurrency exchange, has announced the upcoming launch of Gemini Foundation, a non-US crypto derivatives platform. The move comes amid growing scrutiny by
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The announcement coincides with increased scrutiny by U.S. regulators and lawmakers about the role of cryptocurrencies in the world's biggest economy – a campaign that's affected Gemini. In January, the company and Genesis (which, like CryptoX, is owned by Digital Currency Group) were accused by the Securities and Exchange Commission
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Gemini is the latest American crypto firm that is making a move offshore after a crackdown on the crypto space. United States-based cryptocurrency exchange Gemini has revealed its plans to tap into India’s pool of tech talent with the foundation of a new engineering hub in the country. In a
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United States-based cryptocurrency exchange Gemini announced the establishment of a new engineering hub in India with plans to tap into the country’s pool of top tech talent.In an April 20 statement, Gemini’s Global CTO Pravjit Tiwana announced Gemini is “in the midst” of opening an engineering center in Gurgaon, India.
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The artificial intelligence (AI) global race has taken on new players in the past days, with Twitter and Alibaba reportedly integrating the technology into their businesses. The Chinese giant is working on its own chatbot assistant, while the social media platform is apparently leveraging AI to “detect & highlight manipulation
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