A Single Custodian Oversees Nearly Half of Bitcoin’s Block Rewards
Onchain knowledge signifies {that a} single custodian now manages the coinbase addresses for at the least 9 distinguished mining swimming pools, which collectively account for...
Amidst a Surge in Spot Bitcoin ETF Reserves, Kraken Institutional Enters the Market
The crypto alternate primarily based in San Francisco, Kraken, has unveiled its newest providing, Kraken Institutional, a digital forex suite designed expressly for high-net-worth companies...
FTX Approved to Sell $3.4B in Crypto; Tron’s Justin Sun, DWF Labs Consider Buying Cache
The bankrupt crypto change FTX obtained permission to promote its crypto belongings valued at greater than $3.4 billion after John Dorsey, the presiding chapter court...
From Crypto Custodian to Court: Prime Trust Files for Bankruptcy Protection
In the wake of economic upheavals and regulatory hurdles, Prime Trust, a digital forex custodian, has formally sought Chapter 11 chapter safety. This transfer carefully...
Crypto Firms Face Turmoil as Prime Trust Fallout Causes Service Disruptions and Concerns
After the Bitgo acquisition deal to buy Prime Trust fell by means of, evidently crypto corporations which have labored with the custodian are experiencing issues....
TUSD Supply Skyrockets With 1 Billion Injection Amidst Decline in Stablecoins
Despite the decline in stablecoins on account of substantial redemptions, significantly from tasks like USDC, DAI, and BUSD, the undertaking TUSD has skilled a notable...
Custodian Prime Trust’s Payments Subsidiary Banq Files for Chapter 11 Bankruptcy Protection
Shortly after the custodian Bitgo introduced its acquisition of the corporate Prime Trust, its funds subsidiary, a agency known as Banq, filed for Chapter 11...
German Stock Exchange Boerse Stuttgart to Provide Crypto Custody Through Licensed Subsidiary
Blocknox, a subsidiary of one in every of Europe’s largest inventory exchanges, Boerse Stuttgart, has been licensed to function as a crypto custodian in Germany....
Nasdaq Aims to Launch Crypto Custody Services in Second Quarter
Nasdaq intends to launch its custody providers for digital belongings like bitcoin by the top of this 12 months’s second quarter. The alternate operator is...
Ethereum Liquid Staking Trend Continues to Swell; 5 Platforms Control 97% of Market
As of Feb. 7, 2023, the worth locked in 11 Ethereum-based liquid staking protocols has risen above $11 billion, with Lido, Coinbase, and Rocket Pool...