press release PRESS RELEASE. Flynt Finance, a cryptocurrency portfolio management platform, has announced a partnership with Ceffu, formerly known as Binance Custody, to provide its clients with enhan...
Tag: custodian
Hidden Agenda Behind SEC Crypto Custodian Rule
XRP News: Amid much speculation about the outcome of the XRP Vs SEC lawsuit, Attorney John Deaton, who represents XRP holders, made an observation about the U.S. Securities and Exchange Commission’s (...
CORRECTING and REPLACING BitGo Becomes First Custodian to Support Sui Ecosystem
Sui Foundation treasury will be held in qualified custody and launch unlocks institutional-grade custody for all participants of the SUI ecosystem. PALO ALTO, Calif.–(BUSINESS WIRE)–Fifth paragraph of...
BitGo Becomes First Custodian to Support Sui Ecosystem
Sui Foundation treasury will be held in qualified custody and launch unlocks institutional-grade custody for all participants of the SUI ecosystem. PALO ALTO, Calif.–(BUSINESS WIRE)–The Sui Foundation...
What Is A Crypto Custodian And Why Is It Important?
Introduction A crypto custodian is a third-party service provider that is responsible for the safekeeping and management of cryptocurrency assets on behalf of its clients. Added Security One of the ke...
Crypto Firm Juno Restarts Services After Finding a New Custodian Partner
The Singapore-based cryptocurrency platform Juno announced that all services are “now up and running again.” It increased daily withdrawal limits at the beginning of the year and urged customers to tr...
Zodia Custody and SBI Digital Collaborate For Custodian Services in Japan
59 mins ago | 2 mins read Bitcoin News The Financial Services Agency in Japan must still approve the merger. The joint venture is owned 51% by SBI DAH and 49% by Zodia Custody. Zodia Custody, a subsid...
Zodia Custody Teams Up With SBI Digital Asset Holdings to Form Crypto Custodian in Japan
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Juno Advises Users For Self-custody Citing Custodian Partner Issues
7 hours ago | 2 mins read Exchange News Juno recently tweeted that its custody partner has been having issues. Users were also advised to take precautions by moving their assets off the exchange. In l...
Bosonic Launches Cross Custodian Net Settlement
LONDON & SAN FRANCISCO & NEW YORK–(BUSINESS WIRE)–#bitcoin–Bosonic, a decentralized Financial Market Infrastructure (dFMI) business, announces an industry first in going live with Cross Custod...
Galaxy Digital Wins Celsius Bankruptcy Auction to Acquire Crypto Custodian GK8
Mike Novogratz’s Galaxy Digital has won the bid to acquire GK8, a self-custody crypto firm. GK8 was first acquired by Celsius in November 2021 for $115 million. After Celsius filed for bankruptcy, the...
Galaxy Digital to acquire custodian GK8 from bankrupt Celsius
Galaxy Digital agreed to purchase high-security custodian GK8 from bankrupt crypto lender Celsius. Galaxy will support GK8’s self-custody solution in the ongoing development of GalaxyOne,...
Bitcoin lender and custodian Unchained Capital announces job cuts
Joe Kelly, CEO of Bitcoin financial services outfit Unchained Capital, said the company will reduce its staff by “roughly 15%” as part of efforts to manage the business during the current crypto bear ...
First XRPL-Based USD Stablecoin (USDS) Launched with SEC-Qualified Custodian
Yuri Molchan Stably Corporation has issued USD-backed stablecoin on XRP Ledger Contents Regulatory-compliant stablecoin on XRPL Minting USDS via Xumm wallet According to a recent press release, Stably...
FTX was custodian for majority of tokens on DeFi lending platform Oxygen
DeFi prime brokerage Oxygen said FTX acted as the custodian for the majority of the tokens on its ecosystems, adding that it has sought legal help. “Whilst FTX Group did not hold any equit...
Crypto Custodian Prime Trust Agrees to Return $17M in Tokens to Bankrupt Lender Celsius
Celsius had sued Prime Trust in August, alleging that Prime Trust had improperly withheld the tokens when the two terminated their contract in June 2021. The assets, made up of 398 BTC, 196,268 CEL to...
World’s largest custodian bank launches crypto custody platform
BNY Mellon announced today that its Digital Asset Custody platform has just been launched in the U.S. With a history going back 238 years, BNY Mellon is the oldest bank currently still operating in th...
Crypto Custody Firm Anchorage Digital to Be Preferred Custodian for Layer 1 Blockchain Aptos Labs
As institutional adoption continues to grow, it is apparent that services for cryptocurrencies continue to have a demand. Monica noticed an increased demand for institutional adoption of crypto invest...
Crypto Custodian HyperBC Obtains Lithuanian Finance License, Pushes for Regulatory Framework
[PRESS RELEASE – Please Read Disclaimer] HyperBC Group has acquired a Lithuanian financial license no. 305790868 to expedite its global compliance operations. The company has obtained a license that w...
Ripple CTO Makes Fun of Celsius Network Rebuilding as Custodian
Gamza Khanzadaev Celsius Network’s rebuilding plans are absurd, according to David Schwartz The recent news of Celsius Network’s rebuilding into a crypto asset custodian has sparked a wave...
Crypto Custodian BitGo Files $100M Lawsuit Against Galaxy Digital Over Failed Acquisition
Digital assets custodian BitGo on Monday filed a $100 million lawsuit against investment management firm Galaxy Digital for failing to fulfill its acquisition. The complaint will be available to the p...
Mt Gox Creditors Updated, Trustee Says Rehabilitation Custodian Is ‘Currently Preparing to Make Repayments’ – Bitcoin News
On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors. Trustee Updates...
Celsius Seeks To Open Custodian Account Fund Withdrawals, Files Motion
Bankruptcy ridden crypto company Celsius had on Thursday filed a motion seeking to reopen customer withdrawals. The motion sought entry of an order authorizing the debtors to reopen withdrawals for cu...
UK FCA-Registered Blockchain Custodian Company Now Supports Binance Smart Chain
– Advertisement – UK FCA-Registered Blockchain Custodian Company Now Supports Binance Smart Chain. Leading blockchain assets custodian provider, Digivault, part of the EQONEX Group, has re...
Galaxy Digital To Be Sued by Crypto Custodian Seeking $100,000,000 Over Improper Contract Termination
Crypto custodian BitGo says it is taking legal action against digital asset manager Galaxy Digital over a breach of a previously announced acquisition agreement. Galaxy announced in May that it was bu...
Galaxy Digital Terminates Agreement to Acquire Crypto Custodian BitGo
Financial services company Galaxy Digital Holdings announced that it will no longer pursue its acquisition of the cryptocurrency custody provider BitGo. According to the official release, the decision...
Crypto Custodian Komainu Follows Exchanges to Dubai
Komainu seeks to launch institutional-focused yield product and other services in Dubai The company is aiming for at least 10 employees in the emirate by the end of the year Crypto custodian Komainu h...
Bitgo Adds Near Protocol Support — Custodian to Store Near Foundation’s Treasury – Altcoins Bitcoin News
On July 19, the digital asset company Bitgo announced it has partnered with the Near Foundation and will be “the first qualified custodian to support the protocol and its assets, including its native ...
Circle Taps New York Community Bank as its Latest Custodian
The newly announced partnership marks the first time a community bank acting as custody for a stablecoin’s reserves USDC Price at the time of writing – $1.00 They aim to make community banks and...
Circle Taps New York Community Bank as its Latest Custodian for USDC Reserves
Circle has tapped a New York state-based community bank as its latest custodial provider for USDC reserves. The move reflects Circle’s strategy to deepen partnerships with Community Banks across the U...
Asian crypto custodian Hex Trust scores provisional approval in Dubai
Hex Trust, a crypto custody service, has secured provisional approval from regulators in Dubai and will open a regional office in the city, the company announced on Tuesday. According to the announcem...