Zodia Custody, a subsidiary of Standard Chartered, and SBI Digital Asset Holdings have come to an agreement to form a joint venture in Japan that would serve as a custodian for crypto assets for institutional customers in Japan. SBI Digital Asset Holdings (SBI DAH) and Zodia Custody, which has the
On February 3rd, Protocol Labs, the company behind the Filecoin blockchain network for storing files, revealed that it would be laying off some of its staff. To provide light on the layoffs, CEO Juan Benet published a blog post titled “Focusing Our Strategy to Weather Crypto Winter.” He said the
Binance, the biggest cryptocurrency exchange, and the Agency for Innovation and Technology of Georgia (GITA) have signed a memorandum of understanding. The two groups want to collaborate on blockchain-related educational and community projects. As well as the growth of the cryptocurrency industry in the country as a whole. CEO of
In order to settle a $38.6 million debt to the New York Digital Investment Group (NYDIG), the once-prominent bitcoin miner Core Scientific signed an agreement to transfer 27,403 of its mining equipment to the latter. A few days before the holidays in 2022, the firm filed for bankruptcy. Over 27,000
The Antigua and Barbuda-based holding firm Emergent Fidelity Technologies, owned by Sam Bankman Fried, has filed for Chapter 11 bankruptcy. Documents filed on 3 February reveal that Emergent Fidelity Technologies voluntarily filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of Delaware. Former CEO and
The protracted bear market in Bitcoin and other cryptocurrencies led to a dramatic decrease in the value of WisdomTree’s digital asset holdings in the fourth quarter of 2022. As of December 31, 2022, the total value of the cryptocurrency funds managed by WisdomTree was $136 million. Down from $163 million
Overstock has a significant stake in the tZERO Crypto exchange, which will close on March 6 according to a tweet from the exchange on February 3. While the United States Securities and Exchange Commission (SEC) and other authorities determine the legal status of crypto assets. The business said it will
BitMEX founder Arthur Hayes said on Saturday that the founders of Three Arrows Capital, Kyle Davies and Zhu Su, and CoinFLEX, Mark Lamb and Sudhu Arumugam, have successfully secured funding for their new cryptocurrency exchange GTX. By the end of February, the exchange’s founders want to have marketed themselves, as
Artificial Intelligence is the latest buzz in almost all sectors. With tech giants like Google and Microsoft investing millions of dollars in startups focusing on AI. The crypto sector won’t stay far away either. On Saturday, Justin Sun, Tron’s creator, announced plans for a decentralized payment structure built on the
While the crypto market is on its way to recovering its value, Turing-complete blockchain Core DAO sets its native token CORE official Airdrop on 8th February 2023. Through the Airdrop, this Satoshi Plus consensus platform intends to distribute 525,600,000 CORE or 25.029% of the total distribution of $CORE tokens. Which
