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Últimas de Ian Allison
Crypto Conglomerate Digital Currency Group Reports Loss of $1.1B in ‘Challenging’ 2022
DCG held cash and cash equivalents of just $262 million at the end of 2022, while investment assets amounted to $670 million.
ConsenSys Acquires Easy-to-Use Blockchain Notification Tool 'Hal' to Strengthen Web3 Development
The deal, financial terms of which were not made public, will bring 10 Hal employees to the developer.
Canada Close to Tightening Rules for Crypto Exchanges: Sources
The changes will ensure it’s simply too expensive to do business in Canada, said one person familiar with the plans.
Institutional Crypto Trading Platform Elwood Technologies Expands Offerings
The London-based company is aiming to provide clients with tools that "uphold the standards set by traditional asset classes," CEO James Stickland said.
Binance Is Organizing a Consortium to Try to Rebuild Trust in Crypto: Source
Several companies have already signed up to join, including other crypto exchanges and blockchain analytics firms, according to a person familiar with the plans.
Crypto Custody Tech Firm Metaco Taps IBM Execs to Revamp Institutional Push
The Swiss crypto tech provider hired IBM’s Peter DeMeo as head of product, as well as former IBM lead architect, Angel Nunez Mencias.
Bankrupt Lender Genesis and Parent DCG Reach Initial Agreement With Main Creditors: Source
The term sheet includes "an equitization of the 10-year promissory note that DCG gave Genesis in return for the 3AC claims," a person familiar with the situation said.
Crypto Custody Firm Copper Alerted to Security ‘Incident’ Over Christmas
Copper said some “concerning behavior” had been detected, and that a “machine-generated alert had been triggered.”
UK Crypto Exchange Archax Launches FCA-Regulated Custody Service
The new offering uses tech from Swiss MPC shop Metaco and the IBM Cloud.
Fireblocks Enlists Crypto Protection Firm Coincover for Third-Party Key Recovery Service
Coincover said Fireblocks customers can rely on fixed processes and a standard service level agreement.
