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Galaxy Digital Eyes European Expansion With New Regional CEO

[Sep 21, 2023 5:36 AM] Mike Novogratz's firm has appointed Leon Marshall, its existing global head of sales, as its first European CEO.

DraftKings' Billionaire-Backed Crypto Analytics Firm CoinScan Raises $6.3M

[Sep 21, 2023 1:00 AM] The company is backed by Shalom Meckenzie, the largest individual shareholder in sports betting company DraftKings.

Optimism Foundation Sells $157M OP Tokens, Citing 'Treasury Management'

[Sep 21, 2023 12:43 AM] The foundation behind layer 2 blockchain Optimism has sold 116 million OP tokens ($157 million) to seven separate purchasers, according to an announcement on the Optimism governance website.

Mt. Gox Pushes Repayment Deadline by a Year

[Sep 20, 2023 11:41 PM] The defunct crypto exchange has delayed the deadline for repayments to Oct. 31, 2024.

Nomura’s Laser Digital Launches ‘Bitcoin Adoption Fund’ for Institutional Investors

[Sep 20, 2023 8:30 PM] Financial giant Nomura’s digital assets subsidiary, Laser Digital, has announced the launch of its Bitcoin Adoption Fund to provide “long-only exposure to bitcoin whilst being one of the most cost-effective and secure investment…

BCB Group’s Chief Banking Officer Ian Moore to Leave This Month

[Sep 20, 2023 9:30 AM] His planned exit follows that of the deputy CEO Noah Sharp in June.

DeFi Protocol Balancer Says Web Front End Is ‘Under Attack’

[Sep 20, 2023 2:31 AM] On-chain data appears to show the attacker has stolen over $200,000 from users.

Citigroup Unveils Citi Token Services for Cash Management and Trade Finance

[Sep 19, 2023 10:00 PM] Citigroup has announced the creation and piloting of Citi Token Services for cash management and trade finance. “Citi Token Services will integrate tokenized deposits and smart contracts into Citi’s global network, upgrading core cash…

Crypto Custodian Prime Trust Warns It May Lay Off 62 Employees, Nevada Records Show

[Sep 19, 2023 3:49 PM] The company filed for bankruptcy in August.

Nomura's Laser Digital Starts 'Bitcoin Adoption Fund' for Institutional Investors

[Sep 19, 2023 6:30 AM] The Bitcoin Adoption Fund will provide long-only exposure and will be the first in a range of such digital asset investment products offered by Laser Digital.

Citigroup Unveils Token Services for Institutional Clients

[Sep 19, 2023 3:26 AM] In a pilot, Citi used smart contracts to serve the same purpose as bank guarantees and letters of credit working with shipping company Maersk and a canal authority.

Binance Staked Ether Experiences $573M in Inflows This Month

[Sep 19, 2023 2:50 AM] Binance's staked ether token (BETH) experienced $573 million in deposits across two single days in September, more than quadrupling total value locked to $731 million, DefiLlama data show.

Crypto VC Firm Blockchain Capital Raises $580M for 2 New Funds

[Sep 18, 2023 9:00 AM] Most of the firm's limited partners are traditional institutional investors, including university endowments, private foundations, financial institutions, sovereign wealth funds and U.S. pension plans.

Tether Co-Founder Sizes Up PayPal’s Stablecoin Ambitions

[Sep 18, 2023 4:19 AM] Tether pioneer William Quigley, who was also an early investor in PayPal, said he doubts the payments giant will bring much innovation to the stablecoin space.

Crypto Community Skeptical of Blackrock’s XRP Pivot Rumors

[Sep 17, 2023 10:30 PM] Many crypto proponents have warned that despite a small connection between Blackrock and XRP, the news of the world’s largest asset manager shifting focus from bitcoin to XRP is fake. Blackrock is currently waiting for the U.S. Securities…

Deutsche Bank Teams Up With Swiss Crypto Firm to Offer Digital Asset Services

[Sep 15, 2023 7:30 PM] Deutsche Bank, the largest bank in Germany by total assets, is collaborating with Swiss digital asset firm Taurus to provide clients with crypto custody and tokenization services. “As the digital asset space is expected to encompass trillions of…

German Finance Heavyweights Develop Fully-Insured Crypto Staking Offering, Plan 2024 Release

[Sep 15, 2023 9:48 AM] Boerse Stuttgart Digital, the crypto-focused arm of the Stuttgart Stock Exchange, has already obtained a digital asset custody license in Germany.

BitGo, Swan to Form Bitcoin-Only Trust Company

[Sep 15, 2023 6:31 AM] "It's important to us to build a custodian without the risks of securing many altcoins within the same trust company as bitcoin," Cory Klippsten, CEO of Swan, said.

Bitcoin Miner F2Pool Returns 19.8 BTC to Paxos After Overpaid Fee

[Sep 15, 2023 6:13 AM] Paxos paid $520,000 for a $2,000 bitcoin transaction earlier this week.

Binance.US Head of Legal and Chief Risk Officer Leaving the Crypto Exchange: WSJ

[Sep 14, 2023 11:29 AM] The departure comes just days after the crypto exchange lost its CEO Brian Shroder.

Genesis Has Ceased All Crypto Trading Services: Spokesperson

[Sep 14, 2023 10:11 AM]

Crypto Exchange Bybit 'Exploring All Options' to Stay in UK: CEO

[Sep 14, 2023 10:09 AM] Companies like Luno and PayPal have halted certain crypto operations in the country in response to regulations set to take effect next month.

The Tokenization of Assets Is Underway

[Sep 14, 2023 9:45 AM] Today in Crypto for Advisors, Peter Gaffney from Security Token Advisors provides an overview of the current tokenization landscape, one that’s forecasted to reach $16 Trillion by just 2030.

Crypto Startup Ramp Adds Brazilian Central Bank's Pix as Payment Method

[Sep 14, 2023 6:00 AM] Adding Pix builds on Ramp's expansion to the South American country, where it opened a local entity in July in a bid for broader expansion throughout Latin America.

Deutsche Bank to Delve Into Crypto Custody, Tokenization With Taurus

[Sep 14, 2023 6:00 AM] Deutsche Bank will use Taurus’s custody and tokenization technology to manage cryptocurrencies, tokenized assets and digital assets, the companies said.

Violet’s Decentralized Exchange Mauve Goes Live for Trading Compliant and Real World Assets

[Sep 14, 2023 2:00 AM] The DEX was developed in a direct response to the fallout from the collapse of crypto exchange FTX.

Thailand's KBank Starts $100M Fund Targeting AI and Web3

[Sep 14, 2023 12:56 AM] Thailand-based Kasikornbank (KBank), one of the major banks in South East Asia, has launched a fund worth $100m targeting AI and Web3 globally.

Islamic Coin in Pact With CoinDesk Indices to Discuss Sharia-Compliant Benchmarks

[Sep 13, 2023 9:30 PM] Islamic Coin is the native currency of HAQQ, a network focused on developing a Shariah-compliant financial ecosystem.

Phishing Attack on Cloud Provider With Fortune 500 Clients Led to $15M Crypto Theft From Fortress Trust

[Sep 13, 2023 2:37 PM] A phishing attack on Retool led to the theft, which helped spur Fortress Trust’s agreement to sell itself to Ripple, sources said.

What Correlations Tell Us About the Value of Multi-Asset Crypto Portfolios

[Sep 13, 2023 9:45 AM] Max Freccia of Truvius does some number-crunching to evaluate the benefits of expanding beyond the biggest cryptos.