Monday, November 25, 2024
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This Crypto Custody Breakthrough Will Bring Banks Closer to Digital Assets

Stealth-mode crypto custody specialist Shard X has claimed a breakthrough, being the first company to successfully run math-heavy, multi-party computation (MPC) on hardware security modules (HSMs).So why does this alphabet soup of security tech matter? In summary, HSMs are a battle-tested way to store private keys, particularly popular in consumer products

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Bringing Cutting Edge Assets into Hands of Investors

Registered in Switzerland and the U.S. Securities and Exchange Commission (SEC), UGPAY Group AG emphasizes a range of unique investment objectives.A rapidly evolving global financial ecosystem opens up investment opportunities in innovative industries and assets that represent new frontiers in many traditional investors minds.Precious metal investment, previously only carried out

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Traders apathetic as Huobi launches two new wrapped assets on Ethereum

Following the success of HBTC -- the wrapped Bitcoin tradable on Ethereum currently securing nearly $70 million in BTC -- Huobi Global has released the latest in its “H-token” series: Litecoin and Bitcoin SV. However, traders and developers thus far don’t seem interested.First announced in September, the H-token series promised to

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Fidelity Digital Assets Expands Crypto Custody Service to Asia

The cryptocurrency-focused arm of financial services giant Fidelity Investments is teaming up with Singapore-based Stack Funds to cater to the growing demand for cryptocurrencies in Asia. A new partnership will bring Stack’s regional clients access to the secure custody services provided by Fidelity Digital Assets, according to a Bloomberg report

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First Mover: Bitcoin’s Latest Rally Proving Irresistible as Bitwise Assets Top $100M

Bitcoin was lower, pausing a powerful rally that has seen the largest cryptocurrency jump 25% in October to the highest levels since June 2019. Traditional financial-media outlets like Bloomberg News were writing about it. Prices appeared to hit resistance just below $13,900, close to last year’s high. But analysts said that if the

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