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Standard Chartered-Backed Crypto Custody Zodia Launches in Hong Kong


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?


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


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


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


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...

Unauthorized Crypto Custody: BaFin Cautions Consumers About MEXC


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...

Hardware Wallet Firm Trezor Rolls Out New Safe 3 Model, Metal Seed Backup 


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...

Crypto Custody Firm Komainu Receives Custodial Approval from UK's FCA


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,...

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