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Copper to Lay Off Up to 15% of Staff, Focus on Crypto Custody, Settlement
The process is just getting under way and the company, which employs about 300, said it cannot put an exact number on job losses.
Web3 Investor Paradigm’s VP of Engineering Tal Broda Exits
The executive, who joined Paradigm a year ago from Citadel Securities, said he will pursue opportunities closer to his prior experience.
Banking Giant State Street Cuts Ties With Crypto Custody Firm Copper
State Street and Copper have mutually decided to end their licensing agreement, a spokesman for the bank said.
Investors Flock to Tokenized Diamond as Crypto Banking Crisis Props Hard Assets
Sales of tokenized diamonds surged 300% last weekend, when three banks collapsed and investors scrambled to sell their USDC stablecoins.
Crypto Custody Firm Copper Shelves Enterprise Business: Source
Focusing on Copper’s Clear Loop custody and settlement business made more economic sense going forward.
AllianceBlock, ABO Digital to Offer Tokenized Structured Products
The tokens will give traditional-finance investors a compliant way to back crypto projects.
Accounting Platform Cryptio Partners With Protocol Labs to Help Filecoin Miners Go Public
Filecoin miners will be able to generate accounting reports needed to pass their public company accounting oversight board financial audits.
Gibraltar's Xapo Bank Enables GBP Payments, Prepares USDC Option Amid U.S. Crypto Banking Crisis
The retail-focused bank will be allowing users to make GBP payments directly to and from their U.K. accounts or wallets.
Santander, HSBC, Deutsche Bank, Others Still Willing to Serve Crypto Clients After Banking Failures, DCG Says
Major banks are still willing to work with crypto firms, though they may restrict services, according to messages from DCG viewed by CoinDesk.
Three Arrows Capital Co-Founder Kyle Davies: No Pending Lawsuits or Regulatory Action
Davies spoke to CoinDesk from an office in Dubai.
