Crypto exchange Gemini raises $400 million in funding, hitting a $7.1 billion valuation

    One of the world’s leading crypto exchanges, Gemini, has secured $400 million in a recent investment round led by Morgan Creek Capital. The funding round values the company at $7.1 billion. Gemini also plans to invest heavily in alternative metaverse proposals. Gemini, the cryptocurrency platform and exchange founded by twins Cameron and Tyler Winklevoss, has…

    Gemini, Coinbase and Kraken embrace regulation to beat Binance’s dominance

    Gemini, the crypto exchange of Cameron and Tyler Winklevoss, plans to surpass Binance and become the largest crypto exchange by volume, despite Binance’s daily spot trading volume exceeding  Gemini’s by over 100 times. However, given the recent regulatory scrutiny against Binance, embracing regulation could give a competitive advantage to rival exchanges. As Bloomberg reported, Gemini…

    The great mining exodus: China is exiling more than half the world’s miners

    A month ago, Beijing began a fierce crackdown on the crypto mining and trading industry in China, caused so-called “the great mining migration.” Who will gain an advantage of this great crypto exodus? Experts believe that would be the places with abundant solar and wind energy, free market, and crypto-friendly policy. For a long time,…