Winklevoss Twins Hire NYSE Exec to Oversee Crypto Exchange Gemini
Winklevoss twins hire NYSE executive: The Winklevoss twins have turned to an executive from the New York Stock Exchange, hiring Mr. Robert Cornish to oversee Gemini's use of Smarts. Gemini, the Winklevoss' crypto exchange, has been in action since 2015, and adding Cornish to its team marks another instance of how crypto exchanges are looking to work with traditional financial markets.Before, it was Coinbase hiring NYSE executives, but now, based on the July 6th announcement, it appears to be the Winklevoss' turn.
Winklevoss Twins Hire NYSE Executive
Today, Gemini announced that Robert Cornish would be joining its team. Cornish, the now-former New York Stock Exchange CTO, will join Gemini management later in July; he had his last day on the job last week.
Cornish will be in charge of overseeing Smarts, which is a market surveillance technology Gemini is using from Nasdaq. It's likely Cornish will do this with ease, as he spent most of his time at the New York Stock Exchange overseeing Pillar, an ambitious project. Moreover, Cornish will "ensure that Gemini continues to deliver the best platform experience to our customers," said Tyler Winklevoss. Elaborating further, Tyler Winklevoss said Cornish will make sure Gemini continues to "set the standards of excellence for the cryptocurrency industry."
Crypto Exchanges on the Prowl
The Winklevoss twins aren't the only ones to dip into the financial pool. In fact, they are just the latest. Three days ago, Coinbase - which is Gemini's rival - hired Peter Elkins from the NYSE to build a market surveillance platform. He's not the only former NYSE employee working at Coinbase, either. In March, Coinbase hired Emilie Choi and Eric Scro.
Aside from hiring the NYSE executive, what else have the Winklevoss twins been up to? Has Gemini made any more recent announcements?Definitely! The company has been attending a few conferences, such as the Crypto Evolved conference in June. In addition, Gemini opened Zcash (ZEC) trading on May 22nd.
Do you think hiring Cornish was a smart move? Will he accomplish all Tyler Winklevoss hopes for? Or, is it simply a move to get back at rival Coinbase, for hogging all the New York Stock Exchange executives? Let us know in the comments below!>> Stellar (XLM), Cardano (ADA), and Tron (TRX): BIG NewsFeatured image: Twitter
One of the major reasons behind the rapid development of the cryptocurrency space is the presence of crypto exchanges, and Coinbase is one of the most influential exchanges in the world. On Wednesday, the company …
Crypto exchanges have made it easier for millions of people to trade in cryptos, but they have also been found to be vulnerable to attacks, and today, two crypto exchanges, Bitfinex and OKEx, reported Distributed Denial-of-Service … Read
Are stablecoins the future of crypto? Cameron and Tyler Winklevoss, Bitcoin bulls and Gemini Exchange founders, seem to think so. This morning, an interview was published by Fortune where the twins discussed their first marketing campaign … Read
Bitcoin is a hot commodity lately. This cryptocurrency is usually at the top of experts’ and users’ lists of recommendations for investments in the digital world. If you’re thinking about using Bitcoin or have already …
On May 11, 2020, Bitcoin successfully executed its third block reward halving. Bitcoin halving events usually occur every four years, and the first and the second events took place in 2012 and 2016, respectively. Since …
Are you interested in purchasing Bitcoin? If so, it’s essential to understand the potential security risks surrounding it. With cybercriminals ramping up their attacks, cryptocurrency will likely be a target. Here’s what you need to …
Theft has been a problem in all of history, but the digital age brings new challenges. While digital currency has several advantages over cash, it comes with some unique risks, like hacking and online fraud. …
If you’re like many, you’ve probably heard a lot about cryptocurrency in the past few years. It grows in popularity every day, and for businesses, it could save them money. When deciding if cryptocurrency will …