Gemini Trust Co., which is co-owned by Winklevoss and his twin brother, paused redemptions on an interest-earning product called Earn in mid-November, a week after rival crypto exchange FTX filed for bankruptcy. The product offered investors opportunities to yield as much as 8% interest on their crypto by lending those digital tokens out to Genesis.
Related posts
-
Stacks co-founder believes layer 2 will drive adoption for 2nd phase of Bitcoin
Muneeb Ali, co-founder of Stacks, shared his perspective on the rapid shift towards a diverse and... -
Stacks’ co-founder believes layer 2 will drive adoption for 2nd phase of Bitcoin
Muneeb Ali, co-founder of Stacks, shared his perspective on the rapid shift towards a diverse and... -
Analyst Keeps Faith In XRP, Targets $288 Despite Price Retreat
In the tumultuous world of cryptocurrency, where prices can soar to unprecedented heights one day and...