gemini

Leadership Vacuum Sends Shares Tumbling
#GeminiSpaceStationInc faced a sharp market backlash on Tuesday as its stock plunged more than 14% following the immediate departure of three top executives. Chief Operating Officer Marshall Beard, Chief Financial Officer Dan Chen, and Chief Legal Officer Tyler Meade all exited their roles without transition periods, leaving investors to process the sudden leadership vacuum just five months after the company’s Nasdaq debut at $28 per share.
By Tuesday afternoon, shares had fallen to $6.47, marking an 86% decline from Gemini’s IPO price and dragging the firm’s market capitalization down to roughly $760 million from its initial $4.4 billion valuation.
On paper, #Gemini 's September IPO raised $425 million in fresh capital, but the subsequent months have seen mounting losses and a shrinking executive team. The abrupt nature of this leadership shakeup—especially so soon after going public—has amplified market jitters and left open questions about the company’s direction.

Gemini announced it would cut about 25% of its global workforce and exit the U.K., EU, and Australian markets as part of its restructuring.
#Winklevoss Steps In Amid Mass Exodus
The company confirmed that Marshall Beard would not be replaced as COO; instead, co-founder Cameron Winklevoss will absorb many of Beard’s operational and revenue-generating responsibilities. Beard has also resigned from Gemini’s board of directors, further consolidating control within the founding team. Meanwhile, Danijela Stojanovic, previously chief accounting officer since May 2025, has been named interim CFO, while Kate Freedman steps in as interim general counsel.
It is unclear whether these interim appointments will bring stability or simply buy time for deeper restructuring.
At least one other high-level staff member from Gemini’s Asia-Pacific division was also let go on Tuesday, signaling that the shakeup extends beyond just the C-suite. According to decrypt.co, these changes come amid broader layoffs affecting roughly 25% of Gemini’s global workforce—a significant reduction for a firm once touting international ambitions.
Gemini Retreats to U.S. Stronghold
Alongside its leadership overhaul, Gemini is making a decisive strategic retreat from overseas markets. The company recently announced plans to shutter its crypto exchange operations in the United Kingdom, European Union, and Australia. This shift marks a stark reversal from earlier expansion efforts and signals a renewed focus on core U.S. offerings and prediction markets.
While Gemini expects net revenue for year-end 2025 to land between $165 million and $175 million—up from $141 million in 2024—these projections are overshadowed by anticipated net losses of up to $602 million next year and adjusted EBITDA losses approaching $267 million.
The SEC dismissed its civil case against Gemini Trust Company in January over alleged unregistered securities offerings—a legal win that could have provided breathing room. However, persistent financial headwinds and market exits have left investors wary about whether Gemini can regain momentum with a narrower geographic focus.
Boardroom Upheaval Jolts Post-IPO Hopes
Gemini’s rapid-fire executive departures come at a precarious moment for both the company and its shareholders. The decision not to appoint a successor COO—and instead fold those duties into Cameron Winklevoss’ portfolio—underscores both urgency and uncertainty at the top. For now, interim leaders like Stojanovic (CFO) and Freedman (general counsel) face the challenge of navigating through ongoing layoffs and operational cutbacks while reporting to a board that has itself just lost a key member.
Investors are left asking: can consolidation under Winklevoss restore confidence or will continued volatility deepen skepticism? With shares trading below $7—down more than 13% on Tuesday alone—the market verdict remains grim for now.
Key Learnings
Gemini stock dropped over 14% to $6.47 on Tuesday, down 86% from its $28 IPO price in September 2023.COO Marshall Beard, CFO Dan Chen, and CLO Tyler Meade departed immediately, with no successor COO planned; Cameron Winklevoss assumes key duties.Gemini will cut about 25% of staff and exit the U.K., EU, and Australia markets as part of restructuring.
What remains under scrutiny
If Gemini’s interim leadership—appointed after the immediate departure of its COO, CFO, and CLO on Tuesday—fails to stabilize operations ahead of its next earnings report, the company’s shares, already down over 86% since its September IPO at $28, could face further pressure in the wake of projected 2025 net losses between $587 million and $602 million as disclosed in recent SEC filings.

最近技术圈都在聊 OpenClaw（社区昵称“龙虾”），很多朋友问它和 ChatGPT、谷歌 AI、DeepSeek 或者豆包有什么区别。结合我最近在 Mac Mini M4 上的折腾经历，详细说一下它的定位、部署门槛以及两种核心玩法的利弊。
等我龙虾通关了，会写一篇非常详细的教程分享给大家，这篇大家就当做是普及一下概念吧，熟悉我得朋友们都知道漠哥是研究大模型的，在web2公司也是做这块的，这次我打算把我家里闲置的Mac Mini M4 用起来。
一、 “龙虾”到底是什么？和 ChatGPT/谷歌/DeepSeek 的区别
简单来说，如果把 AI 比作一个人：
ChatGPT / 谷歌 Gemini / DeepSeek / 豆包：它们是大脑（LLM 大模型）。它们的主要功能是思考、生成文字或代码。它们活在对话框里，你问一句，它回一句。
我前一段时间分享的10块钱搞定一年谷歌 Gemini Pro就属于被动型的。
OpenClaw (“龙虾”)：它是手脚（AI Agent 框架）。它本身不具备智能，是一个运行在你电脑后台的程序。
核心区别：
ChatGPT 只能告诉你怎么做，而龙虾能帮你做。
龙虾通过调用大脑的 API 来理解你的指令，然后去操控浏览器点击网页、读取本地文件、监控推特、在 Telegram/微信里自动收发消息。它是一个 24 小时在线的数字员工。
二、 部署设备：为什么选 Mac Mini M4？
部署龙虾需要一台能长期开机的电脑。
Mac Mini M4 是目前非常理想的设备，原因有三点：
低功耗 (Always-on)：龙虾需要 24 小时挂在后台（比如监控币圈动态或处理自动回复），Mac Mini 的待机功耗极低，几乎不费电，非常适合作为家庭服务器。
环境友好：它是 Unix 系统，对 Docker、Node.js 等开发环境的支持比 Windows 原生要好，报错少。
安静：放在角落里运行没有任何噪音。
三、 两种部署模式详解：本地 vs API（重点：成本与智商的权衡）
这是很多新手最容易踩坑的地方。龙虾的脑子主要有两种来源：
1. 本地模型模式 (Local LLM)
原理：利用 Mac Mini 自身的 NPU/GPU 算力，通过 Ollama 运行开源模型（如 Llama 3、DeepSeek-Distill 等）作为龙虾的大脑。
成本：完全免费。除了电费，不需要付任何 API 费用。
实测体验（Mac Mini M4）：不推荐作为主力。虽然 M4 芯片很强，但受限于内存（统一内存），通常只能流畅运行 7B 或 8B 参数的小模型。
我之前用Mac Mini 部署过大模型，因为配置等问题，只能部署参数相对低一些的例如7B/8B，这样模型就会显得很傻，32B的根本就跑不起来，内存打满直接卡死。
缺陷：这些小模型在处理复杂逻辑（比如“分析这篇长文章并总结出三个关键利好”）时，经常理解错误、遗漏信息或者产生幻觉。
结论：用本地小模型跑龙虾，就像雇了一个很勤快但不太聪明的实习生，很勤快但是效率低下。
2. API 模式 (Cloud LLM) —— 强烈推荐
原理：Mac Mini 只负责运行龙虾的程序（手脚），思考时通过网络调用云端的最强模型（如 Google Gemini 3 Pro、GPT-4o、Claude 3.5）。
成本：需要付费（但有技巧）。
通常是按 Token（字数）计费，用得越多越贵。
省钱技巧：目前 Google 的 Gemini API 有免费层级（Free Tier），对于个人用户跑龙虾的用量来说，几乎等同于免费白嫖且速度极快。
实测体验：起飞。云端大模型的逻辑能力远超本地小模型。龙虾变得非常聪明，能准确执行复杂指令，写代码、分析长文档都非常稳。
四、 总结与建议
如果你手里也有一台 Mac Mini M4，不要试图用它去硬抗本地大模型训练或推理，跑不起来的。（我得这台也是之前买来用来挖矿的😄）
最明智的玩法是：
把 Mac Mini M4 当作发射台。利用它的低功耗特性，让它 24 小时运行 OpenClaw 的程序框架，然后在配置里对接 Google Gemini (高性价比) 或 GPT-4/Claude (高性能) 的 API。
这样你既拥有了数据的隐私掌控权（程序在本地），又拥有了最顶级的 AI 智商（大脑在云端），这才是目前 AI Agent 最实用的落地形态。
看到这里不知道大家是否理解了，这篇是开胃菜算是普及，也不是技术贴，这个春节我打算把龙虾搞定，大家等我的保姆级教程吧。
#OPENCLAW #MACMINI #DeepSeek #Gemini #大漠茶馆

Gemini’s latest quarterly update paints a picture of a fast-expanding business shouldering the weight of its own ambition. The U.S.-based crypto exchange ended the third quarter with a net loss of $159.5 million, a setback largely tied to a surge in operating expenses that accompanied its move into the public markets.
Rising Costs Overshadow Revenue Momentum
After listing on Nasdaq on September 12, 2025, Gemini saw its operating costs climb more than 70% quarter-over-quarter, jumping from $98.7 million in Q2 to $171.4 million in Q3. Much of that increase stemmed from stock-based compensation linked to the IPO, along with stepped-up marketing efforts—particularly those tied to the exchange’s bitcoin-branded Gemini credit card and broader platform development initiatives.
Even with the heavier cost load, the company reported meaningful top-line progress. Total revenue grew roughly 34% to $50.6 million, a move driven primarily by the performance of its service-related business lines.
Trading Activity and Service Expansion Drive Revenue Growth
Trading revenue remains the backbone of Gemini’s income. In Q3, it brought in $26.3 million—more than half of total revenue—supported by rising activity from both retail and institutional clients. Although lower average retail trading fees offset some of that growth, overall volume trends were strong enough to push the segment forward.
The standout performer, however, was Gemini’s service-based revenue. This line surged 111% quarter-over-quarter to $19.9 million, reinforcing how central diversification has become to the exchange’s long-term strategy.
In a note highlighting the quarter’s trends, the company emphasized that the results “reflect the growing health of the Gemini marketplace and the increasing depth of liquidity across customer segments.” Gemini reiterated that its dual-channel model—serving both retail and institutional users—continues to deliver a balanced foundation for expansion.
Inside the Q3 Cost Breakdown
The shareholder letter accompanying the earnings results offered a detailed look at the $171.4 million in operating expenses. Compensation and headcount expenses nearly doubled, rising from $36.8 million in the previous quarter to $82.5 million. A major factor was $45.8 million in stock-based compensation tied to equity awards granted as part of the IPO process.
These heavy upfront costs, while weighing on current profitability, are positioned as investments meant to fortify Gemini’s infrastructure, talent pool, and product ecosystem.
Looking Ahead: Building for the Long Game
Despite the quarterly loss, Gemini maintained a forward-looking stance. The exchange noted that its focus is on building a platform capable of taking advantage of bull-market momentum while remaining resilient during less favorable periods.
As the company continues expanding its revenue mix and bolstering its product suite, it appears intent on balancing short-term financial pressure with long-term strategic growth—an approach that may determine how effectively Gemini positions itself in an increasingly competitive digital asset landscape.
#Binance #Gemini $BTC $ETH $BNB

Bitcoin billionaires Tyler and Cameron Winklevoss, long-time supporters of President Donald Trump, have found themselves clashing with his nominee for CFTC chair, Brian Quintenz. The dispute, unfolding amid their company Gemini’s IPO, highlights how politics and crypto are becoming increasingly intertwined in Washington.

Private Messages, Public Scandal
The conflict escalated when Brian Quintenz posted private messages from Tyler Winklevoss on X. In them, Tyler complained about years of legal pressure from the Biden administration and pleaded for help:
“7 years of trophy hunting by lawyers. It’s outrageous what they did to us,” Tyler wrote in July.
The revelation drew major attention since the brothers had invested millions of dollars in Trump’s campaign and pro-crypto political groups, yet chose to go against his nominee.

Gemini: Big Plans, Harsh Reality
The IPO of Gemini Space Station raised $425 million last week, but disappointment soon followed – shares plunged more than 20%, falling below the IPO price of $28.
Founded in 2014, Gemini today leaves the twins with around 75 million shares and 94.7% of voting rights. Still, the exchange has struggled with losses, while bigger players like Coinbase continue to dominate.

Political Power and Million-Dollar Donations
At 44, the twins are fully embedded in politics:

🔹 Poured millions into Trump’s presidential campaign

🔹 Donated nearly $5 million to pro-crypto advocacy groups

🔹 Last month, contributed $21 million in bitcoin to the Digital Freedom Fund, a new super PAC backing crypto and Trump
Trump, in return, openly praised them – at a Bitcoin event he called them “male models with big, beautiful brains”. The twins also joined the elite Washington club Executive Branch, alongside David Sacks and Donald Trump Jr., where membership costs $500,000 just to get in.

Nomination Stalled, New Names Emerge
While the feud rages on, Brian Quintenz’s path to the CFTC chair has stalled. The White House is now weighing other candidates:
Michael Selig, legal counsel at the SEC’s crypto working groupTyler Williams, advisor to Treasury Secretary Scott Bessent and former Galaxy Digital staffer
Both have strong crypto backgrounds and are now frontrunners.

Winklevoss Twins: Conflict as a Strategy
The Winklevoss brothers have a history of high-profile conflicts – from suing Mark Zuckerberg over Facebook, a story later told in The Social Network, to their long battle for the first Bitcoin ETF, ultimately blocked by the SEC. This time, however, their fight goes straight to the heart of U.S. politics.
Critics argue it’s less about policy and more about personal vendettas.

Lee Reiners of Duke University put it bluntly:
“It’s a full-blown tantrum. It’s about revenge and punishment… not necessarily about future policy.”

The Bottom Line
Washington is left wondering why two of Trump’s wealthiest allies are so determined to sink one of his own nominees. And as the leadership of the CFTC remains undecided, crypto regulation is moving ever deeper into the core of U.S. national politics.

#WinklevossTwins , #TRUMP , #Gemini , #bitcoin , #USPolitics

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Le 25 août 2025, Gemini, Ripple et WebBank ont officiellement lancé la première Mastercard XRP-branded. Cette carte convertit instantanément le XRP en monnaie fiat au moment du paiement avec un coût de conversion de seulement 1 %, tout en offrant un cashback de 4 % en XRP. Le projet est soutenu par un investissement massif de 75 millions de dollars de la part de Ripple et Gemini, et a reçu une attention médiatique notable.

#Xrp🔥🔥 #Gemini #Mastercard
$XRP