The Securities and Exchange Commission (SEC) of Thailand has issued new regulations on custodied cryptocurrencies. Companies offering crypto custody services are now required to “establish a digital w...
Tag: Custodied
$3.5 Billion In FTX Customer Crypto Custodied By Bahamian Watchdog
– Advertisement – Summary: The Bahamian Securities Commission took control of the assets on November 12 due to concerns that FTX was vulnerable to cyberattacks. Hackers stole nearly $400 m...
Visa Plans Auto–Payments From Self Custodied Wallets
Join Our Telegram channel to stay up to date on breaking news coverage Visa has suggested a blockchain account structure, which will potentially allow Ethereum users to arrange auto-payments from a se...
Celsius Ordered to Return $44M of Customer’s Custodied Crypto
In a hearing on Dec. 7, bankruptcy judge Martin Glenn ordered the embattled crypto-lending firm to return funds that were not part of its yield-bearing accounts. The total is around $44 million, which...
BlockFi has ‘significant exposure’ to FTX, denies talk of majority of assets being custodied at FTX
BlockFi has responded to the controversies surrounding FTX and its reported connection to the embattled cryptocurrency exchange in a recent statement to its users. The crypto firm denied allegations t...
USDC Reserves Will Be Custodied With BNY Mellon, Says Circle
Circle has selected Bank of New York Mellon as its primary custodian for USD Coin (USDC) reserves. In the past six months, Circle has seen its valuation double to $9 billion and the market cap of its...