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BitGo Partners with Swan Bitcoin to Float First-Ever Bitcoin-Only Trust Company

The new Bitcoin-only trust company will combine expertise from BitGo and Swan Bitcoin to drive adoption with minimal exposure. California-based crypto custodian BitGo Inc and Bitcoin services firm Swan are working to create a Bitcoin-only trust company. The new firm will offer customers Bitcoin custody without the risk of exposure to the

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National Australia Bank makes first-ever cross-border stablecoin transaction

National Australia Bank (NAB) says it has executed the first-ever cross-border stablecoin transfer by a major financial institution on a layer 1 public blockchain. The intrabank transfer used the bank’s fully backed AUDN stablecoin, which is tied to the Australian dollar. The transaction was conducted on the Ethereum blockchain and used

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Revolut Reports First-Ever Annual Profit amid Stagnating Tech Industry

The reported first-ever annual profit by Revolut follows the fintech giant’s January decision to suspend launching RevCoin. British-Lithuanian neobank and fintech platform Revolut recently reported its first-ever annual profit due to increased user engagement. The London-based fintech giant revealed it raked in a net profit of £59.1 million for 2021. According to Revolut,

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The first-ever mining hardware marketplace just launched

Asic Jungle has launched a beta version of what it calls “the first-ever mining hardware marketplace” for cryptocurrency mining hardware. The company's CEO Artem Bespaloff told Cryptox that he has created a trusted platform for second-hand mining equipment that operates without any middlemen:"[It's] the first and only online marketplace where

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