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Onecoin Co-Founder Pleads Guilty to Fraud Charges in US
18.12.2022
Karl Sebastian Greenwood, a co-founder and operator of Onecoin, has pled guilty to his part in building the notorious crypto pyramid. The fake cryptocurrency’s “global master distributor” has been in custody since 2018 when he was arrested in Thailand and extradited to the United States....
Bahamas Corrections Commissioner Says FTX Co-Founder Bankman-Fried Is in ‘Good Spirits’ in the Prison Sick Bay
16.12.2022
According to local reports, former FTX CEO Sam Bankman-Fried (SBF) is in “good spirits” and is being kept in the maximum security unit in the sick bay. SBF is held in custody at the Bahamas Department of Correctional Services (BDOCS), a jail called Fox Hill that is known for being filthy, and...
BitGo delivers 1st Avalanche staking solution from reputed custody
16.12.2022
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 delivering the very first and the sole Avalanche staking solution, from qualified custody. Further to...
Changpeng Zhao Won't Rescue Binance by Selling out Crypto Self-Custody
15.12.2022
Self-Custodial Onboarding Will Be the Norm in Web3's 2023
15.12.2022
By making sure users have self-custodial options easily available within their own services, Web3 projects can help the industry rise to safer standards
Only 1% of people can handle crypto self-custody right now: Binance CEO
15.12.2022
Changpeng Zhao’s comments come as billions of dollars of stablecoins continue to flow out of the Binance exchange
Sam Bankman-Fried Has Bail Denied, Remains in Custody of Bahamian Department of Corrections
14.12.2022
Sam Bankman-Fried, the disgraced founder and former CEO of cryptocurrency exchange FTX, has been denied bail by a judge in the Bahamas.
On Tuesday, a Bahamian judge denied SBF bail hours after U.S. prosecutors alleged the crypto boss defrauded customers, misappropriated billions of dollars,...
Judge Approves Sale of Self-Custody Platform to Galaxy Digital in Celsius Bankruptcy
13.12.2022
Galaxy, the crypto-focused financial services firm, had won the auction for GK8 earlier in the month
Breaking: FTX founder Sam Bankman-Fried arrested and in custody
13.12.2022
A statement from the Attorney General of The Bahamas was made on Dec. 12
Paxful CEO preaches Bitcoin self-custody, advises against crypto exchange
12.12.2022
While some execs chose to double down on assuring the funds’ safety on their platforms, Ray Youssef, the CEO of crypto exchange Paxful, sided with the idea of self-custody
Crypto Lender Celsius' Bankruptcy Judge Orders It to Return $50M of Crypto to Custody Account Holders: Bloomberg
8.12.2022
Celsius filed a motion in September to return crypto to customers who held assets in such accounts
Bankruptcy judge orders $44M in crypto to be returned to Celsius customers
8.12.2022
The funds are made up crypto held within custody accounts on Celsius that had not been transferred from earn accounts
Bitcoin․com Completes VERSE $50M Token Sale, Launches Token on Verse DEX
8.12.2022
Bitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital assets, announced completion of the pre-sale of its rewards and utility token VERSE, where 16% of the total supply was purchased for $50 million....
Zodia Custody launches service to protect users’ crypto from exchange insolvency
7.12.2022
The new service, Interchange, will provide an alternative to the pre-funding and margin models of cryptocurrency exchanges
Zodia Custody Introduces Service to Protect Against Crypto Exchange Insolvency
7.12.2022
The crypto storage provider has rolled out a new service designed to protect clients' digital assets from insolvency of crypto exchanges
Novogratz’s Galaxy Digital to acquire Celsius' GK8 in bankruptcy garage sale
5.12.2022
The self-custody platform was acquired by Celsius in 2021 for $115 million and is now set to change hands, pending approvals
Bitcoin’s Third Largest Wallet Changed Hands, but Onchain Data Shows It’s Likely the Same Owner
4.12.2022
Last year and during the first half of 2022, speculators assumed the third-largest bitcoin address was a ‘mysterious whale,’ even though the wallet had shown strong characteristics of being a cryptocurrency exchange. The address known as “1P5ZED” has since been replaced...
Web3 Crypto Onboarding Platform Transak Integrates With Coinbase Wallet
4.12.2022
According to Transak, users of the Coinbase self-custody wallet in South East Asia can now use its Web3 onboarding platform “as a fiat on-ramp to buy crypto.” Transak’s integration with the Coinbase wallet is coming at a time when more users are becoming “aware of...
South African Government to Add Crypto Entities to ‘List of Accountable Institutions’
2.12.2022
According to the South African government, crypto entities — or businesses whose activities include the exchange or transfer of crypto assets — are set to be included in the list of so-called accountable institutions starting Dec. 19. Businesses that convert one crypto asset to another or that...
Bitcoin Custody Firm Casa to Add Ethereum Support
30.11.2022
The addition is part of a major overhaul of the Casa app which will be relaunched in January