• Fidelity BlockFi partner custody
    Cryptocurrencies

    BlockFi raises $50M as revenue increases tenfold

    The DeFi firm, which offers crypto-backed loans and savings accounts, is planning to launch a credit card that offers Bitcoin rewards in the near future

    Crypto lending firm BlockFi has raised $50 million in a funding round led by Morgan Creek Digital—with Winklevoss Capital, two university endowments, and the NBA player Matthew Dellavedova among the participating investors.

  • Winklevoss twins launching Gemini Cryptobus campaign in New York CIty, January 2019. (Photo by Gemini Twitter)
    Bitcoin

    Winklevoss twins hit the streets to take on Coinbase and Robinhood for retail customers

    Gemini launches Bitcoin giveaway to battle two giants

    In a surprise announcement over the weekend, Tyler Winklevoss, co-founder & CEO of crypto exchange Gemini, tweeted, “Let’s play a game: Spot the @Gemini Crypto Bus. Reply to this tweet with your pics and #CryptoBus, best one wins 1 bitcoin (BTC). Right now they are in San Francisco, Chicago, and Washington D.C. Happy hunting!”

  • Charlie Shrem at Ben's Deli in Manhattan (Ken Kurson)
    Bitcoin,  Innovators

    Winklevoss twins end lawsuit against Charlie Shrem

    The case, over the alleged theft of 5,000 bitcoins, has ended with no damages

    Charlie Shrem has come out on top of his legal dispute with Tyler and Cameron Winklevoss. Two months after Winklevoss Capital Fund was ordered to pay Shrem $45,000 in court fees after a federal judge overturned an order freezing more than $30 million of Shrem’s assets, the case was dismissed with prejudice, meaning it cannot be refiled. Both sides agreed to pay their own costs as part of the agreement.