Crypto banking firm Juno had urged users to keep the funds on the platform to self custody. Their custody partner Wyre had announced that they would be winding down. Juno is working on a new partner...
Tag: custody
Crypto firm Juno urges users to withdraw after ‘uncertainty’ with custody partner
Fiat-to-crypto on-ramp solution provider Juno urged its users to sell or self-custody the crypto on its platform citing “uncertainty” with its crypto custodian partner Wyre. In a Jan. 4 tweet, the pla...
Crypto Platform Advises Users to Withdraw Funds Amid Custody Issues
The cryptocurrency firm – Juno – advised its users to withdraw their assets and store them in self-custody wallets or sell their holdings for cash because of “uncertainty” with its partner. The compan...
Juno Reveals ‘Uncertainty’ With Crypto Custody Partner Wyre
Crypto firm Juno Finance has increased withdrawal limits and asks users to switch to self-custody. Meanwhile, industry rumors are that its custody partner Wyre could soon be closing its doors. The pla...
Zodia Custody appoints former Bitstamp exec Julian Sawyer as CEO
London-based crypto custodian Zodia Custody, a subsidiary of UK investment bank Standard Chartered, has appointed Julian Sawyer as its CEO. He will take over the role from Maxime de Guillebon, w...
Institutional Custody Provider With Close Ripple Ties To Support Flare Token
– Advertisement – Standard Custody will support FLR tokens. Standard Custody, a subsidiary of Polysign, which provides institutional custody services for digital assets, will support FLa...
What to expect from FTX’s second bankruptcy hearing today; LedgerX sale, doxing creditors, custody of funds
It has been a long week for the FTX empire as its founder Sam Bankman-Fried was imprisoned in the Bahamas and set to face trial in the United States for money laundering and wired fraud charges from t...
BitGo delivers 1st Avalanche staking solution from reputed custody
BitGo, the entity which has, in the past, successfully stood by and held up the custody for AVAX C-chain, along with the assets created on the Avalanche chain, has now taken the initiative of deliveri...
Bankman-Fried denied bail, remanded to custody in the Bahamas: Reuters
Sam Bankman-Fried is headed to jail after a magistrate judge in the Bahamas denied his bail application and remanded him to the Department of Corrections, Reuters said. The disgraced former CEO of FT...
FTX Crash- Major Player SBF Under Bahamas Custody
Former FTX CEO and co-founder Sam Bankman-Fried was arrested Yesterday. FTX’s SBF was testified as a witness in the U.S. House of Representative. New CEO John Ray III explains the difficulties at orga...
Matrixport’s Cactus Custody™ completes SOC 2 type 1 certification by Deloitte
SOC 2 Type 1 validates the strength of Cactus Custody™’s cybersecurity control and design Matrixport, one of the world’s largest digital assets financial services platforms, has announced that its in...
Judge orders Celsius to return $50m crypto to custody account holders
A U.S. bankruptcy judge ordered Celsius to return some coins. Meanwhile, Celsius has asked the judge for permission to sell the $18 million worth of crypto to keep paying its bills. As per a recent Bl...
Zodia Custody launches service to protect users’ crypto from exchange insolvency
Crypto asset provider Zodia Custody has launched a new service to help protect its clients from exchange insolvency. According to the company, its new service, Interchange, will provide an alternativ...
Zodia Custody rolls out service to protect client assets from exchange insolvency
London-based crypto custodian Zodia Custody is rolling out a new service to protect client assets from exchange insolvency. The new service, Interchange, will enable clients to keep assets throu...
Galaxy Digital to Acquire Israeli Custody Firm GK8 from Celsius Network
Amongst other things, GK8 will help solidify GalaxyOne, the bigger company’s trading platform. Cryptocurrency financial services firm, Galaxy Digital Holdings Ltd (TSE: GLXY) has been selected as the ...
Coinbase CEO Brian Armstrong flabbergasted FTX’s SBF isn’t in custody already
Join Our Telegram channel to stay up to date on breaking news coverage Brian Armstrong believes that Sam Bankman-Fried, the creator of FTX, should already be in jail at this point. It’s “baffling to m...
Coinbase CEO Brian Armstrong says it’s ‘baffling’ FTX’s Sam Bankman-Fried isn’t ‘in custody already’
FTX founder Sam Bankman-Fried should be in custody by now, as far as Brian Armstrong is concerned. The Coinbase CEO said this week it’s “baffling to me why he’s not in custody already.” “The DOJ or so...
Ethereum and Tether flow to exchanges while bitcoiners opt for self custody
Ethereum (ETH) and Tether (USDT) keep getting deposited onto centralized exchanges, while Bitcoin (BTC) holders seem to be taking matters into their own hands following the fall of FTX. Data provided ...
Galaxy Digital Holdings to buy popular custody platform GK8
Financial services and wealth management pioneer Galaxy Digital Holdings today announced plans to purchase GK8, a secure corporate virtual assets self-custody platform. Subject to court approval and o...
Mike Novogratz’s Galaxy Digital Will Acquire Celsius Owned Custody Platform GK8
Galaxy Digital has won the auction for GK8 – a crypto custody platform to be sold as part of bankruptcy proceedings for the insolvent crypto lender Celsius. Galaxy will utilize GK8’s custody solution...
Ngrave looks to raise $15 million Series A at $60 million pre-money valuation
Ngrave, a crypto hardware wallet manufacturer, is aiming to raise $15 million in a Series A funding round, according to a pitch deck obtained by The Block. Binance Labs is leading the round, a s...
Galaxy To Buy Custody Platform From Bankrupt Celsius
Galaxy Digital is planning to buy GK8 from Celsius Network, which filed for bankruptcy in July after the crash of Terra’s algorithmic stablecoin. GK8 is an institutional digital asset self-custo...
Mike Novogratz’s Galaxy Digital Agrees to Buy Self Custody Firm GK8 From Celsius
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15M BTC goes into self custody
Nearly 78% of Bitcoin’s total circulating supply is illiquid, according to Glassnode on-chain data analyzed by Cryptoslate, leaving less than 22% of all mined BTC moving around and exchanging hands. ...
Bitcoin Custody Firm Casa to Add Ethereum Support
The app works by leveraging crypto’s multisignature, or “multisig” functionality. Multisig is when a user needs more than one signature to spend crypto funds. A user holding bitcoin (BTC) in a Casa wa...
Assets under our custody are safe and secure
Grayscale Bitcoin Trust is a US Securities and Exchange Commission-registered investment corporation that primarily functions as a custodian for Bitcoin. At the current stock price, Grayscale’s Bitcoi...
BitGo to take custody of FTX assets in bankruptcy procedure
Crypto custodian BitGo has been nominated as the official custodian to safeguard the remaining funds at FTX. Acting CEO John Ray III selected BitGo to take custody of the assets of the crypto exchange...
Coinbase Custody Adds Support for Nine Ethereum (ETH)-Based Altcoins, Spurring Small Price Jump
Crypto exchange Coinbase is expanding its custodial services with the addition of 9 Ethereum (ETH)-based altcoins and two other digital assets to its roster. In a statement, America’s largest crypto e...
Investigation finds Celsius ‘Custody’ was ploy to remain relevant
Listen to this article. An interim investigative report filed in the ongoing bankruptcy of Celsius Network provides more context about its business practices and shows a predictable pattern of irrespo...