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Winklevoss Faithful has a $700 million problem with Genesis discontinued

Winklevoss Faithful has a $700 million problem with Genesis discontinued

The billionaire Winklevoss twins, owners of the Gemini cryptocurrency exchange, have long portrayed themselves as the adults in the room. The billionaire Winklevoss twins, owners of the Gemini cryptocurrency exchange, have long portrayed themselves as the adults in the room. Those that ordinary investors can trust. None of that spares a large slice of Gemini’s …

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UBS office in Europe

Fintech news from UBS, Truist, Fidelity, Snappy Kraken, and more

What you need to know UBS has launched a new offering with fintech companies Addepar and Mirador that offers Wire Institution’s UHNW clients a consolidated, real-time view of their investment portfolios. FP Alpha has released its second-generation tax projection tool, The Tax Projector, which provides advisors with the ability to view and compare multiple clients’ …

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Latest FTX: New CEO says controls were 'a complete failure'

Latest FTX: New CEO says controls were ‘a complete failure’

According to new CEO John J. Ray III, the company’s complete failure of corporate controls is “unprecedented.” Advisors overseeing FTX Group’s bankruptcy have struggled to locate the company’s cash and cryptocurrency, citing poor internal controls and record-keeping. According to new CEO John J. Ray III, who had more than 40 years of restructuring work, including …

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Latest FTX: New CEO says controls were 'a complete failure'

Latest FTX: New CEO says controls were ‘a complete failure’

According to new CEO John J. Ray III, the company’s complete failure of corporate controls is “unprecedented.” Advisors overseeing FTX Group’s bankruptcy have struggled to locate the company’s cash and cryptocurrency, citing poor internal controls and record-keeping. According to new CEO John J. Ray III, who had more than 40 years of restructuring work, including …

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North Korea's Internet has been knocked offline

North Korea’s Internet has been knocked offline

North Korea’s internet has been temporarily cut off, according to a British cybersecurity researcher. Junaid Ali It monitors a bunch of different web and email servers in North Korea, he said Reuters On Thursday, the Asian country’s internet experienced its biggest outage in months, after suspected cyberattacks were blamed for similar outages in January. Like …

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