Custodia was one of the first Special Purpose Depository Institutions (SPDIs). Custodia applied for a Federal Reserve master account in October 2020. Federal Reserve Board of Governors and Federal Reserve Bank of Kansas City are being sued by Wyoming-based digital asset bank Custodia for “unlawful delay” in processing its master
Major South Korean exchanges delist Litecoin (LTC). Major concern towards the privacy features of the new MWEB upgrade. South Korea is extremely stringent towards the safety protocols after the Terra LUNA tragedy. The delisting and ban of Litecoin (LTC) was indeed highly evident more than two weeks back. Ever since,
BTC, ETH, and LTC can be transferred using PayPal across exchanges. No transaction fees for sending & receiving between PayPal users. The most requested feature among the Paypal users has now gone live yesterday. The selected US members can now directly transfer Bitcoin, Bitcoin Cash, Ethereum, and Litecoin to others,
The company has made over $721 million in token and non-fiat sales in the last 7 months. Recent achievements include Animoca Brands’ collaboration with Yuga Labs. Animoca Brands, the Hong Kong-based digital entertainment and crypto games publisher, revealed its prominent unaudited financial figures in the last seven months. The firm
Crypto Adoptions are booming over recent years spreading its services all around the world. As a matter of fact, people were very eager to do digital investments to save their life savings. Following the case, cryptocurrencies are now growing as a part of many business operations. To be very specific,
In December 2021 and January 2022, the surveys were conducted. Results were drawn from surveys of more than 500 financial advisers and 3,200 investors. Accenture, a consulting business, released an industry poll on Monday that found that Asian wealth managers are hesitant to sell digital assets to clients because they
Essex, United Kingdom, 6th June, 2022, Chainwire WeCryptoEco, the brainchild of business visionaries James Ross and Roderick Chisholm, is exploding onto the scene. Founded in 2022, WeCryptoEco, the environmentally friendly crypto mining project, is changing the process by lessening the impact on the earth’s resources. At WeCryptoEco, the team
There was a 218 percent collateralization ratio as of Monday. TDR’s homepage displays $787 million in Bitcoin, Tether, and Tron’s TRX reserves. As TerraUSD ran into problems, Tron, which released the USDD algorithmic stablecoin last month, hopes to avoid the same issues with its own currency. According to the data
ADA only gained 2% in the previous 24 hours since it largely consolidated. ADA may test the $0.60 level of immediate resistance if buyers stay in the market. Cardano’s price showed a surge before consolidating. As Bitcoin’s losses widened, signals of instability in the wider market emerged. The one-day chart
The World Bank has granted $35 million in development financing. Some have questioned whether using Bitcoin as legal cash would be beneficial. As part of its ambitious Sango Project, the Central African Republic (CAR) wants to tokenize access to the country’s enormous natural resources. An official statement from President Faustin-Archange
