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Crypto Hedge Fund Galois Capital Fined $225,000 by SEC for Custody Rule Violations
3.9.2024
The U.S. Securities and Exchange Commission (SEC) has slapped Galois Capital Management LLC with a $225,000 fine for falling short of the Custody Rule laid out in the Investment Advisers Act. The crypto-centric hedge fund and advisory firm was also accused of misleading investors about...
SBI VC Trade and Metaplanet Team Up for Advanced Bitcoin Trading Solutions
3.9.2024
Metaplanet and SBI VC Trade have formed a strategic partnership to enhance bitcoin trading, storage, and management. This alliance aligns with Metaplanet’s “bitcoin first, bitcoin only” strategy, emphasizing BTC’s scarcity and decentralized nature. The partnership...
Metaplanet Teams Up With SBI VC Trade for Bitcoin Custody
2.9.2024
Metaplanet said it was adopting bitcoin as a reserve asset to hedge against the volatility of the yen in May and had accumulated a total of 360 BTC by mid-August
Save WBTC: Threshold Network Proposes Sweeping Changes to Wrapped Bitcoin Custody
29.8.2024
Threshold Network has proposed a plan to enhance the stability and security of Wrapped Bitcoin (WBTC) by replacing its centralized custody model with Threshold’s decentralized system. This move comes in response to recent concerns within the decentralized finance (defi) ecosystem over...
Calls to release Binance exec intensify after 6 months in Nigerian detention
27.8.2024
Binance CEO Richard Teng and family members have called for action, claiming Tigran Gambaryan has been unjustly detained in Nigeria since February
French Court Extends Telegram CEO Pavel Durov’s Police Custody
27.8.2024
French prosecutors have announced that an investigative judge extended the police custody of Pavel Durov, CEO of Telegram, on Monday evening for up to 48 hours. After that, French authorities must either release or charge him. Durov was detained on Saturday at Le Bourget airport amid a judicial...
French authorities can hold Pavel Durov until Aug. 28
26.8.2024
Prosecutors announced that the arrest was part of an investigation into an unnamed individual over cryptology services and complicity with illicit activities
French authorities can hold Pavel Durov until Aug. 28
26.8.2024
Prosecutors announced that the arrest was part of an investigation into an unnamed individual over cryptology services and complicity with illicit activities
Wazirx Founder Denies Remaining Assets Are Gone, Warns About New Fake Account Trend
25.8.2024
Wazirx co-founder Nischal Shetty has addressed concerns about the remaining assets following the cyberattack, stating that misinformation has caused unnecessary fear by suggesting these assets are also gone. He emphasized that such claims are baseless and are made only to attract attention. He also...
Telegram CEO Pavel Durov Arrested in France: TON Price Plummets
24.8.2024
Pavel Durov, founder and CEO of Telegram, has reportedly been arrested at Le Bourget airport in France under a search warrant issued by the French judicial police. The arrest follows accusations that Telegram facilitates crimes like drug trafficking and fraud due to its anonymity features. Durov...
Paypal Launches PYUSD Rewards Program With Anchorage Digital
23.8.2024
Anchorage Digital has launched its first stablecoin rewards program for Paypal USD (PYUSD) holders, offering institutions a secure way to earn rewards. Available through Anchorage Digital’s platform and the Porto self-custody wallet, the program emphasizes security by avoiding...
Changpeng Zhao moved to custody of field office ahead of Sept release
22.8.2024
As of Aug. 22, the US Federal Bureau of Prisons listed the former Binance CEO as an inmate of the Residential Reentry Management Long Beach field office
Anchorage adds PayPal stablecoin yield to custody platform
22.8.2024
Institutional crypto custodians like Coinbase offer competing rewards programs.
Stablecoin Issuing System M^0 Employs Fireblocks for Crypto Custody
22.8.2024
M^0 allows stablecoin issuers to incentivize distributors, liquidity providers and so on by programmatically sharing yield among an ecosystem of users
Prometheum labels UNI, ARB securities in custody expansion
21.8.2024
Prometheum is the only SEC-registered crypto custody provider and already treats ETH as a security
Prometheum labels UNI, ARB securities in custody expansion
21.8.2024
Prometheum is the only SEC-registered crypto custody provider and already treats ETH as a security
Uniswap and Arbitrum Join Prometheum Custody Services
21.8.2024
Prometheum Capital recently disclosed that it intends to enhance its offerings in digital asset management. Tokens will soon…
Zenrock Aims to Calm Users' DeFi Wobbles With Decentralized Custody Offering
21.8.2024
Crypto custody upstart Qredo has got a new lease of life after being bought out of administration by Dan Tapiero’s 10T Holdings and 1RoundTable Partners. The company is soon to relaunch as Zenrock
State Street Partners With Taurus to Boost Digital Asset Services
21.8.2024
Global financial services provider State Street has announced a strategic partnership with digital asset infrastructure provider Taurus to enhance its digital asset services. This collaboration aims to offer a comprehensive digital platform, including tokenization and digital custody, expanding...
Liminal Custody Challenges WazirX Claims on $230M Crypto Hack
20.8.2024
In response to recent remarks by WazirX founder Nischal Shetty regarding the Mandiant report, which both seemed to…