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Want to keep exchanges like Celsius from seizing your money? Be a 'custody client'
14.9.2022
Are your coins at risk of being seized by an exchange in the future? Here are some factors to consider related to using centralized exchanges
Celsius CEO plans to restructure firm to focus on crypto custody: Report
13.9.2022
Alex Mashinsky reportedly made the announcement at a Sept. 8 meeting, at which Celsius discussed possible scenarios for its future after filing for bankruptcy in July
Celsius CEO Mulls Crypto Custody Pivot After Lending Business Imploded: Report
13.9.2022
Celsius CEO Alex Mashinsky recently proposed revamping the failed crypto lending business as a digital asset custody firm, according to a New York Times report
Crypto Custody Firm BitGo Files $100M Lawsuit Against Galaxy Digital For Breaching Merger Agreement
13.9.2022
Cryptocurrency custody firm BitGo has filed a lawsuit against Galaxy Digital, seeking more than $100 million in damages
Crypto Custody Specialist Anchorage Digital Offers Japanese Yen Stablecoin
13.9.2022
The GYEN stablecoin is a partnership with GMO-Z.com Trust Company, a subsidiary of Japanese financial services and internet giant GMO Internet Group
Crypto Custody Firm Copper Appoints Tim Neill as Chief Risk Officer
5.9.2022
Neill, who has 20 years of experience in operations and risk management, previously worked at Mastercard
Bankrupt Crypto Lender Celsius Seeks to Reopen Withdrawals for Specific Customers
2.9.2022
Celsius Network Ltd., the crypto lender that filed for Chapter 11 bankruptcy protection on July 13, is looking to release roughly $50 million worth of crypto assets to Celsius custody account holders. Reportedly, the Celsius custody accounts did not participate in the earn and borrow program....
Crypto winter teaches tough lessons about custody and taking control
2.9.2022
Many agree that digital assets should be held in hard wallets, but recent actions in the EU and the U.S. may make that more difficult, not easier
Crypto Lender Celsius Files to Return Custody Clients' Funds
1.9.2022
Crypto lender Celsius has filed to return custody holders' funds to them, saying these funds are not part of the bankruptcy estate
Crypto Custody Firm Fireblocks Adds Support for Solana Blockchain’s DeFi, NFT, Gaming Apps
30.8.2022
Cryptocurrency custody firm Fireblocks has begun providing support for the Solana blockchain’s ecosystem of decentralized finance (DeFi) developers, non-fungible token (NFT) applications and other Web3 activities
Latvian Extradited to US for Wire Fraud Involving Crypto Investments
28.8.2022
A Latvian national has been handed over to the United States where he is accused of fraud through several companies offering false crypto investment opportunities. Ivars Auzins will appear in a federal court in Brooklyn to face multiple charges of wire and securities fraud. Latvian Authorities...
Don't trust your coins to anyone, Ledger CEO warns
26.8.2022
The Ledger CEO said that until people begin using decentralized technology, control over assets and data will remain in the hands of the big tech giants and centralized intermediaries
FDIC-FTX spat is another reason for investors to self-custody their funds
24.8.2022
Between the collapse of Celsius and the FDIC's warning to FTX, consumers should be awakening to the benefits of moving their funds off of centralized exchanges
Nasdaq-Listed Eqonex Closing Crypto Exchange Due to High Competition, Fallen Volumes
17.8.2022
The Nasdaq-listed firm Eqonex is closing its cryptocurrency exchange business. The company cited high competition among crypto trading platforms and fallen volumes as key reasons for shutting down its exchange. Eqonex Closing Crypto Exchange Eqonex Ltd. (Nasdaq: EQOS), a digital asset financial...
Binance Obtains In-principle Approval to Operate With Cryptocurrencies in Kazakhstan
17.8.2022
Crypto exchange Binance has been granted preliminary approval to offer trading and custody services for digital assets in Kazakhstan. The exchange is yet to complete the full application process but the development has already been hailed as a landmark achievement for the company in the Central...
South Korea’s SK Securities to Team up with Regional Bank for Crypto Custody, NFT Move
16.8.2022
The securities arm of South Korea’s second-largest business group will take the crypto plunge – and will team up with a domestic commercial bank as part of its efforts....
Read More: South Korea’s SK Securities to Team up with Regional Bank for Crypto Custody, NFT Move
Crypto Custody Firm BitGo to Sue Galaxy Digital for Abandoning $1.2B Merger Agreement
15.8.2022
BitGo said Galaxy Digital owes it a $100 million break-up fee
Galaxy Digital Ends Plan to Acquire Crypto Custody Firm BitGo
15.8.2022
The $1.2 billion acquisition was announced May 2021 and was expected to close by the end of that year
Gate.io's Hippo Financial Obtains Hong Kong Crypto Custody License
15.8.2022
Gate.io group's Hippo Financial Services received a Trust or Company Service Provider license that means it can now provide virtual asset custodial services in Hong Kong
Uzbekistan Moves to Block Foreign Cryptocurrency Exchanges
12.8.2022
Authorities in Uzbekistan are restricting access to online crypto trading platforms based outside the country and not registered under its laws. A presidential decree obliges citizens and local companies to only use digital asset exchanges licensed by the government of the Central Asian nation....