Crypto-Friendly Bank Ordered by Fed to Limit Risks From Digital Asset Clients
Customers Bank has agreed to tackle the regulator’s concerns that it’s strayed from proper compliance with its digital assets clients.
Financial
Financial
Do Kwon’s Extradition from Montenegro Postponed Yet Again
Kwon has been held in the Balkan country since his arrest in March 2023.
Financial
Crypto for Advisors: Bitcoin and Lending
Bitcoin’s emergence in collateral structures has the potential to revolutionize the lending landscape. Its ability to mitigate credit risk amid escalating uncertainties highlights its transformative power.
Financial
Gyroscope Rolls Out Yield-Bearing Version of Stablecoin Targeting Over 10% Yield
The Galaxy-backed project aims to attract DAO treasuries to allocate to its new stablecoin.
Financial
Crypto Asset Manager Algoz Taps Standard Chartered-Backed Zodia Custody for Safer Investing
Algoz will use Zodia’s Interchange service to offer off-venue settlement and mitigate risks around liquidity and insolvency
Financial
Franklin Templeton’s Tokenized Money Market Fund Expands to Arbitrum
The $420 million OnChain U.S. Government Money Market Fund was already on Stellar and Polygon.
Financial
Coinbase-Backed Vega Gets Into Prediction-Market Race, Chasing Polymarket
A major upgrade to Vega’s blockchain and decentralized perpetuals exchange will allow users to bet on the outcomes of future events.
Financial
NEAR Pushes ‘Signatures’ on Mainnet, in Growing Trend of Chain Abstraction
The feature was introduced in testnet in March, and allows users with a NEAR account to sign transactions on blockchains it supports, without the need for cross-chain bridges.
Financial
First Mover Americas: Crypto Prices Little Changed, XRP Surges
The latest price moves in crypto markets in context for Aug. 8, 2024.
Financial
Wallet Linked to Nomad Bridge Hack Transfers $36M of Ether to Tornado Cash
The address was funded on Monday, three days before the transfers were made.