Crypto Exchange Patent awarded to Winklevoss Twins

The company Winklevoss IP, which is owned by Gemini founders Cameron and Tyler Winklevoss, has been awarded a patent.  The aim of the patent is to settle exchange-traded products (ETPs) holding digital math-assets. The patent application was filed in December 2017.     What is an ETP?  According to a definition by Investopedia, Exchange-traded products (ETP) are a type of security that is derivatively priced and trades intra-day on a national securities exchange. ETPs are priced so the value is derived from other investment instruments, such as a commodity, a currency, a share price or…

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The Cryptolife of the Winklevoss twins

According to the New York Times, the Winklvii owns 1% of all Bitcoin in existence.   It all started with Facebook…   Tyler and Cameron Winklevoss are twin brothers also known as the Winklevii and they became well known after suing Mark Zuckerberg, claiming he stole their ConnectU idea to create the popular social networking site Facebook. They ultimately received $65 million from the suit.   Bitcoin   It appears that the twins started accumulating Bitcoin in 2013 and they claim that they own 1% of all Bitcoins in existence. …

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