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In choosing a qualified custodian, bankruptcy protections are key. Bankruptcy-remote custody solutions — like Anchorage Digital Bank, a federally chartered bank — would still meet the SEC definition of a qualified custodian. The analysis is more nuanced with respect to state-chartered trusts, which may vary widely in compliance standards, bankruptcy
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Solana wallet provider Solflare has integrated MetaMask Snaps to let MetaMask users manage their Solana portfolio directly from the popular crypto wallet. According to an announcement sent to Cryptox, the Solana (SOL) wallet provider is “easing the barrier of entry and usage” to the Solana blockchain with the new integration. Using an
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The past 12 months have seen the global digital paradigm evolve tremendously, especially regarding how humans interact with machines. In fact, the space has undergone such a radical transformation that people of all ages are now fast becoming conversant with artificial intelligence (AI) models, most popularly OpenAI’s ChatGPT. The primary driving
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According to reports on social media, a number of users have complained that FTX has blocked a transaction that was associated with the Aztec Network’s zkmoney privacy technology. Following the accusations, FTX CEO Sam Bankman-Fried explained that transactions are monitored for AML compliance but it “does not mean any accounts
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The Sports Metaverse will also allow users to trade NFTs, buy and develop land, and visit stadiums. Source
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Metaverse is a term we’re hearing more and more these days, not least since Facebook announced it was changing its name to Meta and transitioning into “a metaverse company.” A concept that refers to immersive virtual environments where users can socialize, play, shop, and even earn, the metaverse could represent
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Nonfungible tokens, or NFTs, have been a revolutionary force in the crypto, arts and sports industries, not only because of the financial liberation successful projects offer to creators but also their ability to bring art lovers closer to creators and bring athletes closer to their fans. Prior to 2021 — and
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