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Gemini Closes Accounts Amid Traders Intentions to Redeem GUSD

Two over the counter (OTC) trading desks have revealed to CoinDesk that their accounts at Gemini cryptocurrency exchange were closed following their attempts to redeem Gemini’s stablecoin – GUSD. The claims.

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Facebook to Develop Crypto for WhatsApp Transfers

According to a report by Bloomberg late yesterday, Facebook is in the process of developing its own cryptocurrency.  The report quoted sources close to the project rather than any official acknowledgment.

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Backed by Gold, 1:1 with USD, Vault Offers Skeptics and Institutional Investors Entrée into Cryptos

Volatility has kept a lot of would-be crypto investors on the sidelines, and it’s not hard to understand why. Even the biggest and well-known cryptos have been vulnerable to extraordinary.

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