No, Bitcoin withdrawals from exchanges are not inherently bullish for crypto
Traders say the record-low number of BTC held on exchanges is a bull signal, but data suggests otherwise.
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Paypal USD: Boon for Ethereum but not decentralization, says community
Proponents say PayPal’s PYUSD could see Ethereum become the money layer of the internet, while opponents argue that it’ll act like a poorly designed CBDC.
German Stock Exchange Boerse Stuttgart to Provide Crypto Custody Through Licensed Subsidiary
Blocknox, a subsidiary of one of Europe’s largest stock exchanges, Boerse Stuttgart, has been licensed to operate as a crypto custodian in Germany. The authorization will allow the company to…
Nasdaq Aims to Launch Crypto Custody Services in Second Quarter
Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that…
Celsius Custody customers finally begin withdrawals 263 days after freeze
Celsius users with funds held in its custody program have finally begun to withdraw funds, but users report delays due to a backlog of requests.
Celsius wants to extend the deadline for claims as lawyer fees mount
Administrative expenses from the bankruptcy proceedings have already topped $53 million, and continued delays are chipping away at Celsius’ estate.
Celsius amasses 30 potential bidders for its assets, withdrawal motion approved
The bankrupt lender is set to hold auctions for its assets in January, while it's been given the green light to return some customer funds.
Bankruptcy judge orders $44M in crypto to be returned to Celsius customers
The funds are made up crypto held within custody accounts on Celsius that had not been transferred from earn accounts.
Brazilian Bank Itau Unibanco to Offer Cryptocurrency Custody Services in 2023
Itau Unibanco, one of the biggest Brazilian banks, has announced it will offer cryptocurrency custody services in 2023. Itau Digital Assets, the cryptocurrency unit of the company, will be responsible…
Celsius had ‘insufficient’ accounting and operational controls, says examiner
The examiner revealed that Celsius’ digital assets in its customer’s Custody wallets account officially became underfunded on Jun. 11.