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Digital Asset Custody

Digital Asset Custody Services: DZ Bank Partners with Metaco

Daniel Sharkey | February 24, 2023 | Leave a comment
DZ Bank, the second-largest bank in Germany, has announced that it has chosen Metaco to provide its digital asset custody solutions. This move marks the fourth partnership between Metaco and major financial institutions in the last eight months. This...
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Celsius Debtors Publishes A Sale Plan And Selects Novawulf As The Plan’s Sponsor

Daniel Sharkey | February 17, 2023 | Leave a comment
A proposal for the sale of the defunct cryptocurrency lending platform Celsius Network has been submitted to the United States Bankruptcy Court for the Southern District of New York. The plan was approved by the official committee of unsecured...
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Scam Allegation: UK Dissolves Crypto Trading Firm

Kavon Hyatt | October 31, 2022 | Leave a comment
The digital currency industry has been hit by scams and ripoffs, the latest being PGI Global UK. The country’s High Court dissolved the digital currency firm after allegedly defrauding investors of $709,000. The company promised its investors that they...
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ShareRing Launches Skinny ID, A Blockchain-Based Digital ID Solution

Kavon Hyatt | October 25, 2022 | Leave a comment
ShareRing is a blockchain-based ecosystem that offers digital identification solutions. ShareRing recently released the announcement Introducing Skinny ID.  The Introduction of Skinny ID Skinny ID is a simplified registration process used by ShareRing. Its goal was to lessen the...
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Bank Of New York Mellon Announces To Offer Cryptocurrency Services

Kavon Hyatt | February 13, 2021 | Leave a comment
Where two major investment banking firms Citi and JP Morgan Chase are still looking into offering cryptocurrency custody services, the oldest bank of the United States of America (USA) is moving into the cryptocurrency custody business with a new...
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Switzerland’s SEBA Bank Announces Support for Bitcoin Cash and USD Coin

Kavon Hyatt | November 20, 2020 | Leave a comment
Switzerland-based SEBA Bank has expanded its cryptocurrencies ecosystem by adding two more digital currencies. Reportedly, the Swiss-regulated bank has announced to add support for the seventh-largest cryptocurrency by market cap Bitcoin Cash (BCH) and the second-largest stablecoin USD Coin...
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Grayscale’s Bitcoin Trust Now Holds More Than 500,000 BTC

Kavon Hyatt | November 18, 2020 | Leave a comment
The leading cryptocurrency asset management firm Grayscale Investments now has more than 500,000 BTC held in its largest fund Bitcoin Trust Fund (GBTC). This is a major milestone for Grayscale Investments as it now holds approximately 2.4 percent of...
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GBTC Is On Its Way to Hit 500K BTC As It Sees a Record Weekly Inflow of $250M

Kavon Hyatt | November 4, 2020 | Leave a comment
Cryptocurrency asset management firm Grayscale Investments is continuously seeing a major inflow of Bitcoin (BTC) into its Grayscale Bitcoin Trust (GBTC) which is by far its largest trust fund. GBTC has witnessed a record weekly inflow of around $250...
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Crypto Exchange INX Chooses GK8 For Digital Asset Custody

Crypto Option | September 17, 2020 | Leave a comment
The Gibraltar-based cryptocurrency exchange INX has picked the cryptocurrency custody provider GK8 for the custody of its digital assets. The Israel-based cryptocurrency startup will provide its offline custody solution to the INX exchange for securing and managing digital currencies...
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