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South African Crypto Platform Pins Hope on ‘Phased Asset Recovery’ Proposal
30.10.2023
A South African crypto investment platform has expressed hopes that an asset recovery proposal will result in users regaining access to funds blocked after its custody partner froze withdrawals. The crypto platform said it has also engaged regulators whom it hopes will help expedite resolution...
Standard Chartered-Backed Crypto Custody Zodia Launches in Hong Kong
30.10.2023
Zodia Custody, the crypto security firm owned by British banking giant Standard Chartered, is expanding its services to Hong Kong. Zodia Custody’s foray into Hong Kong marks its latest stride into the Asia-Pacific region after announcing plans to expand into Singapore last month. Established...
Crypto Expert Says Withdraw From Binance Now – Is It FUD?
27.10.2023
A crypto expert has urged his customers to withdraw their crypto from the world’s largest cryptocurrency exchange Binance as soon as possible, telling them that “what we’re hearing about Binance is abnormal”. As reported in a tweet on X by Simply Bitcoin, the CEO of crypto...
Report: Crypto Custodians Are Evolving to Provide More Services
27.10.2023
A report issued by Ccdata, a digital asset-focused research firm, describes that crypto custodians have been evolving to introduce new use cases for their institutional customers. These new use cases include staking services, tokenized real-world assets (RWA) custody, and investment product-related...
Prosegur to Build Secure Crypto Bunker in Brazil
27.10.2023
Prosegur, a Spain-based security company, will build a secure bunker to offer custody services for institutional crypto users in Brazil. The bunker, to be located in Sao Paolo, will be monitored 24 hours a day and will apply various defensive measures in case of an invasion by attackers. Prosegur...
Mastercard Explores Web3 Alliances: MetaMask and Ledger Included
25.10.2023
Source: Pexels Global payments giant Mastercard is eyeing potential collaborations with self-custody wallet firms, such as MetaMask and Ledger, as part of its strategic push into the Web3 space. Citing an internal report from a Web3 strategy workshop, CoinDesk on Tuesday said Mastercard sees...
Crypto Wallet Maker Ledger Officially Rolls Out 'Recover,' Unleashing Fresh Round of Snark
24.10.2023
Recover involves users' private keys being encrypted, duplicated and divided into three pieces which are held with three different parties
Mastercard Plans Web3 Collaborations With Self-Custody Wallet Firms
24.10.2023
The payments processor is working with MetaMask and Ledger among others, according to a Web3 Workshop presentation
Unauthorized Crypto Custody: BaFin Cautions Consumers About MEXC
19.10.2023
Germany’s Federal Financial Supervisory Authority (BaFin) has warned consumers about the crypto exchange MEXC, saying it is offering crypto-related financial services “without the authorization.”
“BaFin investigates the company MEXC,” the title of the warning published on the German regulator’s...
Bitcoin Asset Manager Onramp Unveils Multisig Platform, Adds BitGo to Custodians
19.10.2023
Onramp is harnessing multisig security, in which multiple custodians control the private keys to the bitcoin being held, tapping BitGo to perform this role alongside Coincover and Kingdom Trust
German Regulator Warns Consumers About MEXC's Crypto Custody
19.10.2023
The Federal Financial Supervisory Authority warned consumers that the MEXC exchange has been offering financial services without authorisation to do so
Nomura-Backed Komainu Joins Crypto Custodian Copper’s ClearLoop Network
19.10.2023
Komainu clients will be able to benefit from the firm’s on-chain custody while gaining access to off-exchange settlement over ClearLoop
Bitcoin Miner Marathon to Custody Some of Its BTC With Fidelity Digital
18.10.2023
The miner is adding Fidelity to diversify its bitcoin (BTC) custody
Crypto for Advisors: Advisors Pivot to On-Chain Support
12.10.2023
How can advisors support client interest in digital assets? Thanks to Miguel Kudry from L1 Advisors for taking us through examples in today’s Crypto for Advisors newsletter
Hardware Wallet Firm Trezor Rolls Out New Safe 3 Model, Metal Seed Backup
12.10.2023
Trezor, a leading hardware wallet manufacturing company, unveiled three new products on Thursday aimed at both novice and experienced cryptocurrency users who want to securely self-custody their digital assets. The Prague-based firm launched the Trezor Safe 3, the firm’s latest generation hardware...
Trezor releases new hardware wallet and metal private key backup
12.10.2023
Trezor is celebrating its 10th anniversary by releasing three new self-custody products, focusing on providing entry-level devices
Crypto Custody Firm Komainu Receives Custodial Approval from UK's FCA
7.10.2023
Komainu, a digital asset custody service, has announced its custodial approval from the UK Financial Conduct Authority (FCA).
This regulatory approval allows the company to function as a custodial wallet provider in accordance with the 2017 regulations on money laundering, terrorist financing,...
Bitcoin Financial Services Firm Swan Unveils 'Collaborative Custody' Service
5.10.2023
Swan and Blockstream's aim is to allow users to retain ultimate control of their bitcoin (BTC) while knowing that is stored in a highly secure way
Crypto Custody Firm Ledger Cuts 12% of Staff
5.10.2023
The company cited macroeconomic headwinds limiting the company's ability to drive revenue as a reason for the cuts
CoinDCX exchange expands self-custody wallet to support 155 countries
5.10.2023
With Transak's integration, CoinDCX’s Okto wallet has increased the number of previously supported 60 countries to more than 155 jurisdictions