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State Street to launch crypto services for private funds clients

Major American financial services and bank holding company State Street Corporation is expanding its push into the cryptocurrency industry by launching new digital asset services.State Street, the second-oldest operating bank in the United States, announced Thursday that it would provide digital and crypto asset administration services for the company’s private

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Nuggets News CEO under fire over alleged unpaid loans and investment funds

Alex Saunders, the popular crypto influencer behind Nuggets News, is facing a slew of claims he failed to repay crypto loans, along with allegations that funds invested in a new project had been redirected to a crypto exchange.Saunders is one of the most highly regarded Australian crypto educators. He provides

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JPMorgan Green Lights Crypto Funds Access for Wealthy Clients

Wall Street banking giant JPMorgan Chase, is allowing its retail wealth management clients to access a select number of cryptocurrency funds. The bank is the first major U.S. financial institution to enable such exposure to its big-money clients. ‘Open Sesame’ for JPMorgan’s Wealth Management Clients According to Business Insider on Thursday (July

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Crypto Takes Another “L” as Turkish Exchange Founder Runs With $2bn in User Funds

Faruk Fatih Ozer, the founder of the Turkish crypto exchange Thodex, is reportedly on the run with billions of dollars of users’ funds. Reports claim the exchange website shut down on Wednesday, with a message saying trading was suspended due to an “unspecified outside investment.” Many Turks had turned to crypto

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Users of top Indian crypto exchange report seeing ‘0’ funds during outage

Major Indian crypto exchange WazirX experienced disruptions caused by system failures for more than four hours Sunday. In a tweet at 5:24 PM UTC, WazirX CEO Nischal Shetty reported that the crypto exchange had “hit some internal limits” set by one of the infrastructure providers. The load on Wazir’s system reportedly

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Morgan Stanley adds Bitcoin exposure to 12 investment funds

United States investment bank Morgan Stanley has updated the prospectus of several institutional funds to reflect potential exposure to Bitcoin (BTC) through Grayscale and cash-settled futures, highlighting once again the rapid uptake of digital assets by major investment firms. In a March 31 filing with the U.S. Securities and Exchange Commission,

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