The crypto industry has boasted tremendous growth over the past year, largely thanks to the decentralized finance, or DeFi, boom. Some believe that the DeFi sector resembles the initial coin offering, or ICO, bubble of 2017. Others disagree, noting that the two eras are demonstrably different. "At least in the 2017 ICO bubble there was effort made to come up with an idea to write a white paper on," derivatives trader, financial analyst, and YouTube host Tone Vays told Cointelegraph. "In the world of yield farming, you don't even need to do that, you just print money and give it …
After recently entering the crypto space, Barstool Sports founder turned stock trader, Dave Portnoy, seems as though he is not quite ready for Bitcoin (BTC) trading yet. "I'm getting killed right now in Bitcoin," Portnoy said in an Aug. 21 video posted on Twitter. "It took me months to figure out the stock market, I admit that," he said. "I went in, I lost money — that's what's happening in Bitcoin," he added, noting his unwillingness to mess around with the asset to figure it out, stating a lack of available time. Portnoy also went on to call Chainlink (LINK) …
Following his recent educational foray into the world of Blockchain, Barstool Sports founder Dave Portnoy now appears to be promoting crypto pump and dump schemes by shilling low-cap altcoins. Posting a number of videos on Twitter, Portnoy stated that he had found a new altcoin “that I’m interested in,” but wouldn’t disclose which crypto it was yet. He reasoned that he didn’t want people to buy it before he did. He later tweeted that he had diversified some of his crypto holdings into the altcoin Orchid, which he referred to as “the shitcoin OXT,” adding that Orchids “never die.” Portnoy …
Barstool Sports founder, Dave Portnoy, posted a video of his meeting with Gemini exchange founders, Tyler and Cameron Winklevoss, on Twitter. Portnoy, also known as Davey Day Trader on Twitter for his stock trading antics, recently invited the Winklevoss twins over to his house to teach him about Bitcoin, via an Aug. 4 tweet. After briefing Portnoy on the basics, the twins guided the Twitter trader through a few purchases on Gemini, using the $250,000 he statedly sent to the exchange before their arrival. The trio even discussed Chainlink (LINK) after Portnoy inquired about the asset. Following his fresh crypto …
Stampede Ventures — a production company owned by ex-Warner Bros. president Greg Silverman — has partnered with Cameron and Tyler Winkelvoss to produce a movie featuring the brothers’ story as portrayed in the best-selling book Bitcoin Billionaires. According to the report published on Deadline, Silverman will be co-producing the movie along with Jon Berg, known for his work with superhero blockbusters such as Wonder Woman and Aquaman. Bitcoin Billionaires was written by the American author Ben Mezrich in 2019 after the Winklevoss twins became crypto billionaires. The Winklevoss story The Winklevoss brothers came into the limelight following Mezrich’s other best-selling …
Ethereum creator, Vitalik Buterin, and Gemini exchange founders, Cameron and Tyler Winklevoss, expressed their opinions on recent efforts at social media censorship. "I've talked before about the rise of corporations regulating governments but here we have Twitter soft-censoring the U.S. president on the grounds of incitement of violence," Buterin said in a May 29 tweet referencing recent Twitter posts from U.S. President Donald Trump. "This is a major escalation and could be a new chapter in relations between corporations and states," Buterin added. A tangled mess of tweets, executive orders, and events Expectations yesterday saw Trump signing an executive order …
U.S. crypto exchange Gemini has partnered with technology giant Samsung Electronics for wallet integration. The partnership means U.S. and Canadian customers can use the Samsung Blockchain Wallet in conjunction with Gemini's mobile application, a statement provided to Cointelegraph said. The first U.S. crypto partnership The partnership is reportedly the first of its kind. "Gemini is the first U.S. crypto exchange and custodian to partner with Samsung," the statement said. Cointelegraph reached out to Samsung to confirm details of the partnership, but did not receive a response as of press time. This article will be updated as necessary, pending a response. …
Known for their regulation-friendly outlook within the crypto industry, Gemini exchange founders Tyler and Cameron Winklevoss hold a hybrid approach to privacy and government rules. The twin brothers explained in a May 22 podcast interview with Peter McCormack that crypto adoption comes a need for some degree of regulation. Cameron added: “The independence and sovereignty around crypto is unmatched with any technology before, but the onramps have to have an element of thoughtful regulation.” Zero regulation is not the answer Labeled as the 15th and 16th most influential people in the crypto space, Tyler and Cameron Winklevoss dove into Bitcoin …
Bitcoin (BTC) will see a historic “inflection point” in its life thanks to coronavirus, says entrepreneur Cameron Winklevoss. In a series of tweets on April 12, one-half of the Winklevoss twins who own cryptocurrency exchange Gemini, underlined the importance of Covid-19 for Bitcoin and its users. Cameron Winklevoss: Hodl your BTC “This pandemic will be an inflection point for Bitcoin and the Metaverse,” he wrote. Telling followers to “hodl” their BTC, Winklevoss implied that Bitcoin’s public profile would undergo a metamorphosis under current conditions. His optimism echoes that of various well-known industry figures. Bitcoin, they argue, was born out of …