Ripple Acquires Crypto-Focused Chartered Trust Company Fortress Trust
A person with knowledge of the matter said the figure was less than the $250 million price tag for custody firm Metaco, which Ripple acquired in May. Source
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CryptoFocused
Crypto-focused Haun Ventures hires private-equity top manager
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a Wall Street Journal exclusive article, Haun Ventures reveals their hire of a private-equity veteran, Suzanne Kim, to handle investor relations. According to the report, this action shows how firms try to communicate with their investors
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BlackBerry reveals top crypto-focused malware amid rising cyberthreats
In the process of stopping over 1.5 million cyberattacks between March to May, the cybersecurity arm of the defunct smartphone goliath BlackBerry identified malware families that actively try to hijack computers to mine or steal cryptocurrencies.The three industries most affected by cyberattacks are finance, healthcare and government, according to the
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The European Parliament adopts crypto-focused MiCA legislation
After two consecutive delays, the European Parliament has finally conducted the final vote on the Markets in Crypto-Assets Act, known as MiCA. Now the legislation, introduced for the first time in 2020, should grant approval from the European Council to be published as an effective regulation. On April 20, immediately after
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Crypto-Focused Menai Financial Group Shuttering Market-Making Business in London and Tokyo
The firm said that it continues to invest in and expand its asset-management business and that it remained a strong believer in the “disruptive promise of blockchain technology, especially as it relates to the tokenization of financial and real-world assets. Original Source
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Federal Reserve Says Custodia’s Crypto-Focused Business Model Is ‘Inconsistent’ With Approval
The Federal Reserve Board argued that Custodia Bank’s proposed business model was “inconsistent” with approval in an order explaining its denial of the Wyoming-based crypto bank’s application for membership. Original Source
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Alpha Sigma, Transform Ventures Partner on New $100M Crypto-Focused Funds
“The ATH vision is to shepherd in a new era of financial and technological innovation leveraging decentralization, blockchain technology and Web3 infrastructure,” said Alpha Transform Holdings CEO and Chief Investment Officer Enzo Villani in a press release. “The Alpha Transform model is to continue to support our portfolio companies with
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Silvergate Talking With FDIC About How to Save Crypto-Focused Bank: Bloomberg
FDIC examiners met with Silvergate management at its headquarters in California last week. Original Source
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Crypto-Focused VC Firm Pantera’s Liquid Token Fund Lost 80% in 2022
The fund started to navigate much of the portfolio away from altcoins and into ether (ETH) in the late spring, Pantera co-chief investment officer Joey Krug said on the call. The timing would’ve matched up with the collapse of Terra’s USDT stablecoin and sister coin Luna, which triggered the collapse
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US House Republicans plan to establish crypto-focused subcommittee: Report
Republicans in the United States House of Representatives reportedly plan to step up their oversight of the crypto industry with the creation of a new subcommittee.According to a Jan. 12 report from Politco, North Carolina Representative Patrick McHenry, chair of the House Financial Services Committee, said he planned to set
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