Digital Asset
DeFi CEO Says ‘No One Cares’ to Deutsche Bank Entry into BTC Custody
Deutsche Bank to offer bitcoin custody solution for institutional clients. Cake Group CEO believes the move will not substantially increase capital inflow or attract new…
FTX Cold Wallet Transfers Over $10M in Crypto Tokens to Ethereum
Colin Wu reported a Solana address marked as an FTX cold wallet is transferring funds. The address transferred the likes of LINK, SUSHI, LUNA, and…
NYAG Investigates Barry Silbert’s DCG Over Ties With Genesis
Barry Silbert’s Digital Currency Group is undergoing scrutiny by the New York Attorney General. The regulator is investigating the DCG over its dealings with Genesis…
GBTC Calls for Spot ETF Approval, Citing SEC Past Futures Greenlight
Grayscale calls for approval of spot Bitcoin ETFs in the U.S. Its legal team submitted a comment letter supporting the case to convert GBTC to…
Regulatory Uncertainty Casts Shadows on Wall Street’s Crypto Journey
Digital-asset market grows to trillion-dollar value, intensifying Wall Street's custody service competition. Nasdaq suspends crypto-asset custodian launch, citing regulatory uncertainty. Societe Generale obtains a license,…
Singapore Regulator Orders Exchanges To Keep Customer Assets In Trusts
MAS ordered Singapore-based crypto firms to keep customer assets in trust by the end of 2023. Reportedly, the government claimed that custodial independence is required…
Thai SEC Introduces New Rules for Digital Asset Providers
Thailand’s SEC introduces regulations prioritizing investor protection in digital asset services. Clear risk warnings are mandated for cryptocurrency traders, noting the potential loss of investment.…
Korean Authorities Ban Travel for Haru Invest, Delio, B&S Holdings Execs
Seoul authorities impose travel restrictions on individuals associated with Haru Invest, Delio, and B&S Holdings. Haru Invest and Delio suspended withdrawals due to issues with…
Bitcoin Cash Surges Nearly 80% in Response to EDX Markets Launch
Bitcoin Cash (BCH) gained nearly 80% in the last four days. The price of BCH rose from $109.73 on June 20 and rallied significantly to…
Rhodium Owes $26 Million to Riot Enterprises; Riot Files Lawsuit
Riot Platforms filed a lawsuit against Rhodium Enterprises claiming that the latter has failed to pay $26 million. Rhodium has been using Whinstone’s mining facilities…
