Cryptocurrency Analysis and News Portal
The enterprise-grade bitcoin custody and crypto management service, Fidelity Digital Assets has revealed a recent partnership with the firm Kingdom Trust. The new alliance provides individual retirees with the ability to safeguard their bitcoin private keys alongside self-directed IRAs.The crypto custodian and retirement account fund manager, Kingdom Trust has
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Wells Fargo has changed the balance requirements for new clients to refinance a jumbo mortgage. This increases access difficulty.Wells Fargo & Co (NYSE: WFC), the largest mortgage lender in the U.S., has raised its requirements for incoming clients to refinance a jumbo mortgage. The bank’s new clients are now expected
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[sociallocker id="55298"] A recent paper from academics at Leiden Law School suggests that if a crypto exchange or crypto custodian goes bankrupt, investors could well lose control over their stored coins. This happened in Japan’s Mt. Gox exchange collapse, and more recently with the failure of Italy’s BitGrail exchange. Thus,
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Major Swiss cryptocurrency broker Bitcoin Suisse has added high-security custodial support and staking services for Tezos (XTZ), with an eye to its institutional clients.In an announcement on May 19, Bitcoin Suisse — which custodies over $1 billion in assets — revealed it was going live with XTZ delegation and custody
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Blockchain rewards platform MiL.k has teamed up with Seoul-based luxury retail space chain Shinsegae Duty Free to provide loyalty points compatibility and management. The new partnership allows Shinsegae customers to connect their existing rewards accounts to the MiL.k mobile app, according to a press release shared with Cryptox on May 11. Adoption
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JPMorgan Chase and Goldman Sachs are advising their clients against Bitcoin (BTC), according to one American wealth manager. Adam Pokornicky, chief operating officer at Digital Asset Investment Management (DAIM), a U.S.-registered investment advisor for digital assets, claimed that his firm almost lost a client due to the banks’ intervention.In an interview
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In an official announcement dated April 9, 2020, ErisX cryptocurrency exchange announced it had inked an alliance with $8 trillion assets giant Fidelity Investments’ digital currency arm – Fidelity Digital Asset Services – to expand safe and regulated access to crypto-assets for institutional investors. Fidelity Expands Its Crypto Services Suite Per a
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Qualified digital asset custodian, Anchorage Trust Company, has added XRP to the list of assets supported by its institutional custody solution. The company announced support for the third largest cryptocurrency by market cap in a blog post on April 2.Anchorage claims that its custodial solution is safer than cold
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The largest crypto assets trading and exchange platform OKEx has announced the expansion of its VIP Club program to all its clients along with the inclusion of a new Gold tier membership to the existing privilege program.The OKEx VIP Club allows users to make the minimum required deposit for respective
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Silvergate Bank, one of the few U.S. banks openly serving crypto-related businesses, added more crypto clients in the fourth quarter of 2019 but saw deposits and fee income from those clients drop.The La Jolla, Calif.-based bank, which went public on the New York Stock Exchange under the trading symbol SI
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