The cryptocurrency industry is developing at a fast pace, with new and exciting ventures emerging every day. While some of these ventures have brought the people behind them into the spotlight, several of them are created by well-known people in the industry. When Bitcoin was first created, it didn’t gain immediate popularity and only a handful of people understood its true value. This meant that such people had a headstart on Bitcoin investments which were cheap at the time. Continue reading THE WINKLEVOSS TWINS’ PROJECT GEMINI
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 can have an outsized effect on the market as a whole. Continue reading Gemini Adds Block Trading to Reduce Impact of Large Orders
While speaking to CNBC at the Milken Institute’s MENA Summit in Abu Dhabi, Cameron and Tyler Winklevoss, better known as the Winklevoss twins, took a dig at the older generation of the financial community who mostly criticizes cryptocurrencies, stating that they don’t understand the future of money. The Winklevoss twins were asked to respond to criticism leveled by Wall Street personalities, including legendary investor Warren Buffett, who stated bitcoin was a “real bubble,” and JP Morgan’s CEO Jamie Dimon, who claimed the flagship cryptocurrency was a “fraud.” The twins had previously addressed Dimon’s comments. As reported by CCN, they dared the CEO to short bitcoin, since he believed the market was going to fail in the long run. DImon has since revealed he regrets his bitcoin ‘fraud’ remark, although he remains uninterested in the cryptocurrency.