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Third Bank Invests in Fireblocks Making It a Double Unicorn


Michael Shaulov, Co-founder and CEO of Fireblocks. Source: A video screenshot, Youtube/ Galaxy Digital Digital asset security and asset transfer platform Fireblocks said it has "solidified" its unicorn status after raising USD 310m in Series D funding, boosting its valuation to...

Compound Launches Treasury to Introduce Institutions to Defi


Compound, one of the leading defi-based protocols, is launching a new service called Treasury. Compound’s Treasury is a new product designed to help institutions enter the defi space. Launched in partnership with Circle and Fireblocks, it skips the uber astounding rates conventional defi...

StakeHound Sues Fireblocks Over ETH 38K Staking Wound


DeFi company and major Ethereum (ETH) staking pool StakeHound has accused Fireblocks, a heavily-backed crypto custodian, of losing ETH 38,178 (USD 76m), which Fireblocks denies. StakeHound confirmed that after “attempts to resolve this issue with Fireblocks have unfortunately not been successful”...

BNY Mellon Doubles Down On Its Bitcoin Plans, Invests In Fireblocks


The oldest bank in the US, New York Mellon Corp., joined other investors and made a strategic investment in digital asset storage, transfer, and issuing platform Fireblocks. Today, Fireblocks said they raised USD 133 in Series C funding led by Coatue, Ribbit, and Stripes with strategic investment...

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