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Latest EU Sanctions to Restrict Russians’ Access to Crypto Services in Europe, Report Unveils
1.10.2022
New sanctions discussed by EU member states amid the current escalation of the conflict in Ukraine are going to restrict European crypto services for Russians. Reports about the tightening have come after earlier this year the Union banned only “high-value” crypto-asset services...
Crypto Lender Celsius Shouldn't Reopen Custody Withdrawals, US Trustee Says
30.9.2022
The regulatory body tasked with overseeing Celsius’ bankruptcy proceedings has asked a New York judge to deny the failed crypto lender’s recent motions to reopen customer withdrawals and sell off its $23 million in stablecoin holdings, calling the actions impulsive and premature
Worried About a Financial Crisis? Enter – Self Custody.
29.9.2022
Placing bitcoin in cold storage won't prevent losses, but it can eliminate counterparty risk
Bitcoin․com To Deploy Verse Development Fund To Expand Ecosystem
29.9.2022
PRESS RELEASE. Bitcoin.com, a digital ecosystem and secure self-custody platform where users can accessibly and safely interact with cryptocurrencies and digital assets, is launching the Verse Development Fund, an initiative to accelerate growth and innovation in Bitcoin.com’s Verse ecosystem....
Crypto Custody Firm Anchorage Digital to Be Preferred Custodian for Layer 1 Blockchain Aptos Labs
27.9.2022
The partnership signals the growing institutional adoption of crypto
Institutional crypto custody: How banks are housing digital assets
26.9.2022
Large financial institutions are getting involved in digital assets by investing capital, time and effort into custody technology solutions
Nasdaq Establishes Crypto Unit — Sees Increased Demand for Digital Assets Among Institutional Investors
20.9.2022
Nasdaq has announced the launch of “Nasdaq Digital Assets” citing increased demand for digital assets among institutional investors in recent years. Initially, the new crypto unit will offer custody solutions for bitcoin and ether to institutional investors. Nasdaq Establishes Crypto...
Nasdaq reportedly prepares for crypto custody services for institutions
20.9.2022
The firm reportedly created a new group focusing on digital assets and onboarded Ira Auerbach, who previously worked at Gemini, to lead the unit
Michael Saylor can’t stop: MicroStrategy now holds 130,000 Bitcoin
20.9.2022
MicroStrategy bought an additional 301 Bitcoin for $6 million at an average price of $19,851, the company’s executive chairman announced on Twitter
Nasdaq Starts Crypto Custody Service for Institutional Clients
20.9.2022
Nasdaq Inc, the second-largest stock exchange in America, will release a cryptocurrency custody service as it aims to cash in on institutional crypto investors, according to a Bloomberg report
SEC's Crypto Guidance Pushes US Banks to Rethink Custody Projects: Report
16.9.2022
The guidance suggests that customers' crypto assets should be treated as liabilities by lenders, which could be "prohibitively costly" for banks
Bitgo Files Lawsuit Against Novogratz’s Galaxy Digital for $100M Over ‘Intentional Breach’ of a Merger Agreement
14.9.2022
According to statements made by the digital asset custody business and financial services provider Bitgo, the firm has filed a lawsuit against the crypto company Galaxy Digital and is seeking damages for more than $100 million. Bitgo says Galaxy’s “improper repudiation and intentional...
Want to keep exchanges like Celsius from seizing your money? Be a 'custody client'
14.9.2022
Are your coins at risk of being seized by an exchange in the future? Here are some factors to consider related to using centralized exchanges
Celsius CEO plans to restructure firm to focus on crypto custody: Report
13.9.2022
Alex Mashinsky reportedly made the announcement at a Sept. 8 meeting, at which Celsius discussed possible scenarios for its future after filing for bankruptcy in July
Celsius CEO Mulls Crypto Custody Pivot After Lending Business Imploded: Report
13.9.2022
Celsius CEO Alex Mashinsky recently proposed revamping the failed crypto lending business as a digital asset custody firm, according to a New York Times report
Crypto Custody Firm BitGo Files $100M Lawsuit Against Galaxy Digital For Breaching Merger Agreement
13.9.2022
Cryptocurrency custody firm BitGo has filed a lawsuit against Galaxy Digital, seeking more than $100 million in damages
Crypto Custody Specialist Anchorage Digital Offers Japanese Yen Stablecoin
13.9.2022
The GYEN stablecoin is a partnership with GMO-Z.com Trust Company, a subsidiary of Japanese financial services and internet giant GMO Internet Group
Crypto Custody Firm Copper Appoints Tim Neill as Chief Risk Officer
5.9.2022
Neill, who has 20 years of experience in operations and risk management, previously worked at Mastercard
Bankrupt Crypto Lender Celsius Seeks to Reopen Withdrawals for Specific Customers
2.9.2022
Celsius Network Ltd., the crypto lender that filed for Chapter 11 bankruptcy protection on July 13, is looking to release roughly $50 million worth of crypto assets to Celsius custody account holders. Reportedly, the Celsius custody accounts did not participate in the earn and borrow program....
Crypto winter teaches tough lessons about custody and taking control
2.9.2022
Many agree that digital assets should be held in hard wallets, but recent actions in the EU and the U.S. may make that more difficult, not easier