Israel orders evacuations in northern Gaza as Trump calls for war to end

By Nidal Al-Mughrabi Reuters  The Israeli military ordered Palestinians to evacuate areas in northern Gaza on Sunday before intensified fighting against  Hamas , as U.S. President Donald Trump called for an end to the  war  amid renewed efforts to broker a ceasefire. “Make the deal in Gaza, get the hostages back,”  Trump  posted on his Truth Social platform early on Sunday. Israeli Prime Minister Benjamin Netanyahu was due to hold talks later in the day on the progress of Israel’s offensive. A senior security official said the military will tell him the campaign is close to reaching its objectives, and warn that expanding fighting to new areas in Gaza may endanger the remaining Israeli hostages. But in a statement posted on X and text messages sent to many residents, the military urged people in northern parts of the enclave to head south towards the Al-Mawasi area in Khan Younis, which Israel designated as a humanitarian area. Palestinian and U.N. offi...

Gemini Enables Withdrawals For Voyager Bankruptcy Victims

Crypto exchange Gemini has initiated the process of withdrawals for victims in the Voyager bankruptcy case. This announcement is expected to offer some relief to interested parties who have been anticipating the reopening of withdrawals.

Voyager Digital Enables Asset Withdrawals A Year Post-Bankruptcy

On June 25, 2023, Gemini announced the commencement of withdrawals for victims in the Voyager bankruptcy case. These customers will be allowed to create an account on the platform to withdraw their crypto in-kind until July 23, 2023.

Related Reading: Gemini Goes Global: Expands Singapore Hub To Drive Crypto Adoption Beyond US Shores

Voyager Digital, a prominent crypto broker, declared bankruptcy in July 2022, blaming market volatility and the shock collapse of Three Arrows Capital. The brokerage firm has since been on a journey to recover the funds of its creditors since then.

In May 2023, Voyager’s bankruptcy plan was approved by the US Bankruptcy Court for the Southern District of New York, according to court documents. This proposal would allow the firm to liquidate its assets and distribute them to its clients.

Furthermore, Voyager elaborated on this plan on its website, stating that customers could expect to receive their initial recoveries in either crypto or cash following the 30-day crypto withdrawal period.

This crypto withdrawal period has now begun through Gemini and is expected to close on July 23, 2023. In its announcement, the US-based exchange noted that it is a “full-reserve exchange and custodian” and all client funds on the platform are held 1:1 and available for withdrawal at any time. 

Gemini further clarified that any crypto assets on Voyager that are not supported on its platform should not be sent to it. Customers were advised to carefully confirm that only supported tokens are sent to the exchange.

Gemini Continues To Expand Crypto Services In Europe

In the face of its regulatory woes in the United States, Gemini continues to actively broaden its services across the world. On June 23, 2023, the exchange became the first provider of a staking product (Gemini Staking Pro) in the United Kingdom.

Gemini Staking Pro, which is currently live in more than 30 countries (including the United States) allows institutions and high-profile individuals to become Ethereum network validators by locking up at least 32 ETH – worth over $60,000 as of this writing. It is worth noting that the UK is the only country where the exchange operates institutional staking exclusively. 

Although Gemini’s staking services are not regulated by the UK Financial Conduct Authority, the exchange mentioned that it will protect customers’ interests and ensure that all users’ concerns are adequately resolved.

For instance, the platform will reimburse validators for network-imposed penalties, accidental loss of tokens, or other costly “small mistakes” related to staking.

Gemini



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