DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Tyler Winklevoss"


5 mentions found


☆ Who is DCG's Barry Silbert, the crypto baron in the crosshairs of the Winklevoss twins over 'bad faith' business practices?
  + stars: | 2023-01-09 | by ( Morgan Chittum | ) www.businessinsider.com   time to read: +4 min
Barry Silbert is the CEO of Digital Currency Group, the crypto conglomerate that owns Genesis and Grayscale. In 2015, the 46 year old started Digital Currency Group (DCG), the $10 billion parent company that controls industry giants like crypto brokerage Genesis and digital asset manager Grayscale. The conglomerate also owns trade publication Coindesk, crypto mining firm Foundry Services, crypto index provider TradeBlock, and digital asset platform Luno Global. Cameron Winklevoss blasted Silbert for "bad faith" business practices last week, alleging the crypto baron owes the digital asset exchange's customers $900 million. Prior to launching DCG, Silbert went to Emory University's Goizueta Business School and began his career as an investment banker at Houlihan Lokey.
☆ The December jobs report sent mixed signals. Here's what it means for markets.
  + stars: | 2023-01-09 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +6 min
The December jobs report is another data point that signals the Fed has more work to do to cool the economy. "A labor market this strong means an imminent recession is highly improbable," Indeed Hiring Lab economist Nick Bunker wrote in a note. While stocks usually sell off after these strong reports, fearing the worst from the Fed, Friday saw a strong rally. History suggests there are very strong odds the stock market gains 20% this year after last year's bludgeoning. Tesla stock has tumbled to multiyear lows.
☆ Gemini's Winklevoss accuses crypto mogul Silbert of 'bad faith stalling tactics' over frozen funds
  + stars: | 2023-01-03 | by ( Ryan Browne | ) www.cnbc.com   time to read: +4 min
Tyler Winklevoss and Cameron Winklevoss (L-R), co-founders of crypto exchange Gemini, on stage at the Bitcoin 2021 Convention in Miami, Florida. He also alleged that Digital Currency Group and Genesis are "beyond commingled." Digital Currency Group (DCG) — of which you are the founder and CEO — owes Genesis (its wholly owned subsidiary) ~1.675 billion," Winklevoss said. watch nowIn addition to Genesis, Digital Currency Group also owns Grayscale, the embattled digital asset manager. "DCG did not borrow $1.675 billion from Genesis," Silbert said in reply to Winklevoss' tweet Monday.
☆ The Winklevoss twins and their cryptocurrency exchange Gemini are being sued for fraud by investors
  + stars: | 2022-12-29 | by ( Morgan Chittum | ) www.businessinsider.com   time to read: +2 min
Crypto exchange Gemini is facing a class action lawsuit over its interest-bearing accounts. Investors are accusing Gemini — along with founders Cameron and Tyler Winklevoss — of fraud, per a complaint filed on Tuesday. Gemini's Earn Program attracted customers because it offered up to 7.4% interest. Gemini Earn Program, which offered customers up to 7.4% interest, abruptly halted its offering last month, "effectively wiping out" customers who still had holdings in the program. Gemini "refused to honor any further investor redemptions, effectively wiping out all investors who still had holdings in the program," the complaint reads.
☆ Premarket stocks: Is the bitcoin winter beginning to thaw out?
  + stars: | 2022-09-28 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +7 min
But signs of a thaw, spurred on by global currency chaos, are beginning to appear. The gains gave crypto bulls hope that bitcoin was becoming a safe haven asset, or one that acts as a hedge when stocks are falling. Then, around midday, the dollar grew in strength and bitcoin came crashing down again, wiping out all of its recent gains. But all assets are suffering, bitcoin isn’t in this alone.”The silver lining: But even as bitcoin prices fall, investors see signs of a bottom. The central bank is also considering the launch of a Central Bank Digital Currency, which is essentially a digital version of the dollar.
<< prev 1 next >>
Total: 5