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Digivault, which is not involved in the liquidation process, is currently winding down operations, according to the person familiar with the matter. Any buyer would get staff, technology and, for a time, an anti-money laundering registration that comes with the business, the person said. Original Source
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“We are focusing on the security of the infrastructure. And that's really fundamental for institutions, which are still the majority of the value that has come into the crypto market,” Wei told CryptoX. “Being able to put that layer on top of what we already offer to clients I think
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Celsius had sued Prime Trust in August, alleging that Prime Trust had improperly withheld the tokens when the two terminated their contract in June 2021. The assets, made up of 398 BTC, 196,268 CEL tokens, 3,740 ETH and 2.2 million USDC valued at roughly $17 million, were tied to Celsius’
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The U.K.-based company also reported a loss of $16 million last year, up from $4.1 million in 2020. Original Source
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“Currently about 10% of our business is in the Asia region, but we are projecting it to become closer to 10, to 20, to 25%, in the next 12 to 18 months,” Mónica said. “And I can tell you that working with regulators in Singapore is a breath of fresh
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Cryptocurrency custody firm Anchorage Digital is set to become Aptos Labs’ preferred institutional custodian at their mainnet launch, the firm announced Tuesday. Anchorage, the first federally chartered crypto bank in the U.S., will support the layer 1 blockchain by allowing institutions to build on Aptos, including via non-fungible tokens (NFTs),
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On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors. Trustee Updates Mt Gox Creditors — Repayment Date and Exchange Still Unknown Last week speculation and rumors concerning the release of 140K bitcoin
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The link will create new ways for the company's institutional investors to access decentralized finance and digital assets. Original Source
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Despite regulatory uncertainty, the crypto custody provider isn’t the only firm that has recently entered the European nation. Original Source
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