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Blockfi Bankruptcy Plan Confirmed, Paving Way for Client Distributions
1.10.2023
Crypto lender Blockfi is moving closer to returning funds to clients after a bankruptcy judge confirmed its Chapter 11 plan on Tuesday. The plan outlines a process for the company to distribute the remaining assets to clients and attempt to recover additional funds. Blockfi Advances on Client Asset...
Bitfinex to Enhance Clients' Assets Security Using Zodia Custody's Interchange Product
28.9.2023
Zodia's Interchange allows clients to keep their assets on its platform, while their holdings are mirrored and available on an exchange for trading
Chase Bans Crypto-Linked Payments for U.K. Clients Starting October 16
26.9.2023
Chase, a digital bank owned by JPMorgan, is set to ban crypto-linked payments through debit cards or outgoing bank transfers for its UK clients starting on October 16, as conveyed in an email sent to customers.
The email noted: "If we think you're making a payment related to crypto assets, we'll...
Skybridge Founder: Every Wall Street Firm Will Sell Bitcoin ETF to Clients — ‘Next 10 to 20 Years Are Remarkably Bullish’
24.9.2023
Skybridge Capital founder Anthony Scaramucci has explained why he is still bullish on bitcoin. Emphasizing that every Wall Street firm is going to have a bitcoin exchange-traded fund (ETF) in their arsenal that they will sell to their clients, he predicted: “The next 10 to 20 years...
Standard Chartered’s Zodia Custody to Bring Yield on Crypto Holdings for Institutional Clients
19.9.2023
Zodia Custody, a Standard Chartered Bank-owned crypto entity, is bringing yield on digital assets to institutional clients in partnership with Singapore-based digital asset platform developer, OpenEden.
The collaboration comes days after Zodia officially launched its crypto custody services...
Citigroup Unveils Token Services for Institutional Clients
19.9.2023
In a pilot, Citi used smart contracts to serve the same purpose as bank guarantees and letters of credit working with shipping company Maersk and a canal authority
Gofaizen and Sherle Introduces Its Second-Year Results: Over 1000 Projects for 400+ Companies
18.9.2023
PRESS RELEASE. Tallinn, September 18, 2023 – Gofaizen & Sherle, a leading Estonian fintech and crypto consultancy, is delighted to share its second-year results. Over the past 12 months, Gofaizen & Sherle has successfully completed more than 1000 projects for approximately 400 clients...
Citigroup Launches New Blockchain-Powered Tokenization Service for Institutional Clients – A Boost to Crypto Adoption?
18.9.2023
Major US investment banking conglomerate Citigroup has made its first major foray into the world of crypto and blockchains with the launch of a new token service, as the bank looks to leverage distributed ledger technology (DLT) to improve its product offerings....
Read More: Citigroup Launches...
Deutsche Bank Teams Up With Swiss Crypto Firm to Offer Digital Asset Services
16.9.2023
Deutsche Bank, the largest bank in Germany by total assets, is collaborating with Swiss digital asset firm Taurus to provide clients with crypto custody and tokenization services. “As the digital asset space is expected to encompass trillions of dollars of assets, it’s bound to be seen as one...
Today in Crypto: Deutsche Bank Partners With Taurus to Provide Crypto Custody for Institutional Clients, BTC Lender Delio May Sue S.Korean Regulator, EY is Developing AI-Powered Platform
14.9.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Deutsche Bank Partners With Taurus to Provide Crypto Custody for Institutional Clients, BTC Lender Delio...
Phishing Attack on Cloud Provider With Fortune 500 Clients Led to $15M Crypto Theft From Fortress Trust
13.9.2023
A phishing attack on Retool led to the theft, which helped spur Fortress Trust’s agreement to sell itself to Ripple, sources said
Digital Trading Platform MetaComp Offers Clients Stablecoin-to-TradFi Security Path, Claiming Singapore First
13.9.2023
Trading volume has climbed to around $50 million since the service was introduced last month
Coinbase Cloud and Kiln ‘Unlock’ Native Ethereum Staking: No More 32 ETH Minimum
12.9.2023
Coinbase Cloud and blockchain infrastructure company Kiln are now allowing ethereum (ETH) users to stake any amount of ether natively. The new offering removes the previous 32 ETH minimum staking requirement. Staking for All: Coinbase Cloud and Kiln Break Down Minimum Barriers With the integration...
Luno to Halt Some UK Clients From Investing in Crypto as Regulation Looms
11.9.2023
The U.K. Financial Conduct Authority crypto promotion rules will be coming into effect by October 8
48% of Asset Managers Hold Crypto For Clients: Coalition Greenwich Report
8.9.2023
A new study reveals nearly half of institutions in the United States, UK, and Europe offer digital asset services to their clients.
In a recent survey conducted by Coalition Greenwich and Amberdata, 48% of asset management institutions manage crypto for their clients with a general bullish stance...
Surge in Digital Asset Management: Study Shows Nearly 50% of Asset Managers Now Handle Crypto
8.9.2023
Close to half of asset managers currently have digital assets under management, according to a new study. Firms large and small are implementing crypto strategies for clients and expanding offerings. Asset Managers Embrace Crypto: 48% Now Manage Digital Assets The study by digital currency data...
Coinbase Launches New Crypto Lending Service For Institutional US Clients
6.9.2023
Coinbase (COIN) has unveiled a new crypto-lending service specifically designed for institutional clients in the United States. This move comes as Coinbase aims to fill the void left by the setbacks experienced by firms like Genesis and BlockFi.
Coinbase's crypto lending program was announced...
Coinbase Launches New Crypto Lending Service For Institutional US Clients
6.9.2023
Coinbase (COIN) has unveiled a new crypto-lending service specifically designed for institutional clients in the United States. This move comes as Coinbase aims to fill the void left by the setbacks experienced by firms like Genesis and BlockFi.
Coinbase's crypto lending program was announced...
Binance Finds Way to Serve Belgian Users After Cease Order
31.8.2023
Cryptocurrency exchange Binance said it continues to provide services to residents of Belgium through its Polish entity. The announcement comes two months after the crypto trading company was ordered by the Belgian financial regulator to cease all crypto services in the country. Binance Offers...
Bankman-Fried Lawyers Seek Client’s Temporary Release for Trial Prep
29.8.2023
Sam Bankman-Fried’s high-powered legal team is pushing for the FTX founder’s temporary release from jail ahead of his October trial on fraud charges. In a motion filed Thursday, lawyers Mark Cohen and Christian Everdell claim Bankman-Fried’s Sixth Amendment rights are being...