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Cryptocurrency Exchange Gemini Launches Bermuda Captive Insurer

6 monthes ago   |   By A.M. Best

Cryptocurrency exchange and custodian Gemini Trust Co. LLC said it launched a captive insurance company to insure its Gemini Custody unit.
Nakamoto Ltd., a Bermuda-licensed captive, is the world's ...
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Veteran VC Steve Jurvetson says he rates startup founders highly if they're...

Veteran VC Steve Jurvetson says he rates startup founders highly if they're like his long-time friend Elon Musk: They have

Steve Jurvetson , a venture capitalist who is friends with Elon Musk, was an early investor in both SpaceX and Tesla. Jurvetson, who left the firm Draper Fisher Jurvetson in... Read more ...

Negative US interest rates 'are still possible' as Treasury yields hit...

Negative US interest rates 'are still possible' as Treasury yields hit record-low, DataTrek says

Sinking US Treasury yields signal that negative interest rates in the US "are still possible," according to a note from DataTrek published on Monday. While the stock market is... Read more ...

Facebook just inked a blockbuster deal to lease the massive Farley Building...

Facebook just inked a blockbuster deal to lease the massive Farley Building in NYC, in a move that offers a vote of confidence for a shaken office market

Facebook has completed a lease to take all of the office space in the Farley building on Manhattan's West Side. The deal signifies a major vote of confidence in New York City's... Read more ...

Failure to pass new small-business aid will fuel 'a wave of permanent...

Failure to pass new small-business aid will fuel 'a wave of permanent closures,' CEOs warn in letter to Congress

Small businesses need more aid from Congress to avoid permanent closures and severe labor market pain, a group of more than 100 CEOs wrote in a Monday letter to... Read more ...

Google's budget Pixel 4a addresses its premium predecessor's biggest problem

Google's budget Pixel 4a addresses its premium predecessor's biggest problem

The Pixel line has always felt like more of an underdog product than one should reasonably expect from a corporation as massive as Google. After years of partnerships and Nexus... Read more ...

Dow climbs 236 points, Nasdaq hits record high as tech giants soar

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US equities gained on Monday as investors focused on deliberations on a new stimulus bill and looked past escalating China tensions. Tech giants drove the Nasdaq composite to a... Read more ...

University mandates wearable COVID-19 tracker, sparking student protest

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A new ETF will let investors participate in the stock market's $22 billion...

A new ETF will let investors participate in the stock market's $22 billion SPAC craze

Investors may soon be able to access the growing hype around SPAC offerings with the launch of a new exchange-traded fund. The Defiance NextGen SPAC IPO ETF plans to be the... Read more ...

Kodak will issue 30 million shares for convertible-bond holders following...

Kodak will issue 30 million shares for convertible-bond holders following last week's 940% rally

Kodak said it would issue 30 million shares to holders of its convertible bonds, according to an 8-K filed with the SEC on Monday. The move is a signal that its debtholders are... Read more ...

Glenview, Winton, and Lansdowne are among 7 big-name hedge funds that are...

Glenview, Winton, and Lansdowne are among 7 big-name hedge funds that are down double-digits this year despite the markets' rally

After a tumultuous start to the year, many big-name managers - and the markets overall - have gotten back in the black. Still, despite the markets' rally on the backs of... Read more ...