Sui Foundation treasury will be held in qualified custody and launch unlocks institutional-grade custody for all participants of the SUI ecosystem. PALO ALTO, Calif.–(BUSINESS WIRE)–Fifth paragraph of release dated February 17, 2023, has been removed. The updated release reads: BITGO BECOMES FIRST CUSTODIAN TO SUPPORT SUI ECOSYSTEM Sui Foundation treasury
Sui Foundation treasury will be held in qualified custody and launch unlocks institutional-grade custody for all participants of the SUI ecosystem. PALO ALTO, Calif.–(BUSINESS WIRE)–The Sui Foundation, dedicated to supporting the SUI ecosystem, today announced that it has partnered with BitGo, the leader in custody and security solutions. Through this
Lido, the liquidity staking protocol for Proof-of-Stake (PoS) blockchains has published a new proposal for Treasury choices. Lido holds more than $8 billion in staking and the number of Ethereum (ETH) tokens is valued at around $7.9 billion. The number of stakers on the network is approximately 275 K. The
According to its most recent attestation report, Tether Holdings Limited, the issuer of the biggest stablecoin USDT, earned $700 million in the fourth quarter. In this case, the value of the consolidated assets is more than the total of the consolidated liabilities. At the conclusion of the year, Tether, a
After “TRON’s Proposal No. 83, to activate dynamic energy”, which becomes active on the 5th of February, 2023, TRON-powered TRC-20 transactions faced interruptions. Users of USDT encounter a problem with transferring their funds to other exchanges. Following the proposal, the stablecoin Tether “USDT” has buzzed social media with transaction issues.
According to a report by the Russian business news outlet RBC, Director of Innovation at Alfa-Bank Denis Dodon announced the introduction of a platform called “A-Token” that would enable the issuing of digital financial assets (DFAs). The bank was permitted to do so after the Bank of Russia declared on
Hong Kong-origin crypto exchange Bitzlato is shut down by the trio-union regulators – the US Department of Justice, the Treasury Department’s Financial Crimes Enforcement Network (FinCEN), and French Law Enforcement. As per charges, the exchange is subjected to international enforcement action against money laundering and crypto crimes. U.S. Attorney Breon
The CEO of the most widely prominent decentralized platform, Sushiswap, Jared Grey has announced various awaited platform changes as well as a protocol 2023 roadmap. Sushi will become the market-leading DEX, with a focus on the user experience. Sushi’s CEO stated that a decentralized exchange (DEX) aggregator would be released
Geneva, Switzerland, 12th January, 2023, Chainwire Orange Financial, a multi-chain yield farming treasury, is excited to announce its public mint date on February 1st, 2023. As the only NFT project to offer stablecoin rewards through yield farming to its holders, Orange Financial will revolutionize the world of yield farming and
On Monday, shares of the struggling Grayscale Bitcoin Trust (GBTC) jumped, bringing the trust’s discount to Bitcoin closer to BTC’s original price. The over-the-counter security saw a price increase of 11.56%, to $9.65, yesterday. As a result, the trust’s discount relative to the NAV of its Bitcoin assets shrank to
