Meet Gemini’s New Chief Security Officer
In an exciting development for the world of cryptocurrency, Gemini, the brainchild of the Winklevoss twins, has brought onboard cybersecurity maestro David Damato as its new Chief Security Officer (CSO). Having previously made waves as the CSO of Tanium, Damato is expected to elevate Gemini’s security game.
David Damato: A Cybersecurity Powerhouse
Damato isn’t just a title; he’s a force in the cybersecurity arena. At Tanium, he spearheaded a robust team dedicated to guarding everything from government agencies to Fortune 500 companies. With a resume like that, Tyler Winklevoss—who proudly announced this hire on August 19—has every reason to celebrate.
Security-first Mentality
Tyler Winklevoss stressed that security is at the core of Gemini’s operations. The company has undergone a SOC2 Type I examination, which audits its security protocols. Additionally, they’ve implemented a hardware security key-based solution that provides a safety net for users’ accounts. If you’re looking for a cryptocurrency exchange that takes security seriously, Gemini is making it clear that it’s a prime choice.
Breaking Ground at the Chicago Mercantile Exchange
On a different front, it appears Gemini is making strides in the trading world as well. Recently, the Chicago Mercantile Exchange (CME Group) embraced Gemini as one of its key exchanges, slated to join a quartet of major crypto pricing indices starting August 30. If that doesn’t capture your interest, then what will?
Engineering Hub in Chicago
Gemini isn’t stopping at just trading features. The exchange has opened a new engineering hub in Chicago, which is a strategic move aimed at bolstering their trading and custody operations. In a clever play of talent acquisition, Gemini has welcomed several former engineers from the Bay Area’s Coinbase. Talk about taking the best of the best!
Current Standing in the Crypto Market
As the 77th-largest cryptocurrency exchange based on adjusted trading volume, Gemini’s daily trade volume stands at a cool $16.5 million, according to CoinMarketCap. With recent expansions and security upgrades, it will be interesting to see how Gemini climbs the ranks in the coming months.
