The firm said clearing the regulatory hurdle had the potential to drive more institutional investors towards crypto custody solutions.
Cold Storage News
Cold storage is a way of storing digital assets without a connection to the internet. Cold storage wallets are protected from unauthorized access, hacks and many other vulnerabilities of internet-connected wallets. Cold storages are widely applied in the cryptocurrency industry. In its most basic form, cold storage can be a paper wallet that has a private key and an address of the digital wallet printed onto a piece of paper. Arguably, the most popular Bitcoin cold storages are hardware wallets like USB drives and smart cards. Bitcoin cold storage wallets are often used by Bitcoin investors with a lot of wealth because of its security advantages. BTC cold storages are a necessity because of the fact that cryptocurrency frauds and hacks of exchange platforms are not compensated by most governments or banks, and the loss of an asset can become irrecoverable.
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Metaco will use IBM Cloud to provide robust security-critical technology for institutional investors entering the digital asset space.
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With major exchanges suffering outages and hacks, and some abruptly suspending withdrawals, are wallet platforms a more compelling alternative?
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A Gnosis safe now contains the third-largest concentration of Ether, according to Etherscan, holding 2.2% of the coin supply — worth $2.9 billion.
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Even with their newfound fortune, the lucky student said they will avoid “expensive luxuries” like a new car or house.
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The trustee representing the users of the now-defunct Canadian crypto exchange QuadrigaCX will submit all of its documents containing user data to Canada’s tax authority.
4262 - Explained
Crypto custody is the latest buzzword in the industry — but does it have the potential to interest institutional investors in digital assets?
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Hardware wallets manufacturer Ledger announces that its cryptocurrency management software Ledger Live now supports over 1,250 Ethereum-based ERC-20 tokens.
5658 - How to crypto
Demand for virgin Bitcoin is currently at its all-time high.
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Visa co-led a $40 million funding round in crypto startup Anchorage, marking its second-ever investment in a crypto startup.
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On June 26, about $1.2 billion in binance coin has been transferred in 1.1 seconds with a $0.015 fee on the binance chain.
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Tim Plakas has reportedly left Coinbase to join Galaxy Digital’s OTC team.
2788 - News
Ledger Vault, the custody arm of French hardware wallet manufacturer Ledger, will provide its services to Canadian cryptocurrency broker Voyager Digital.
2959 - News
Digital asset finance firm BitGo announced the launch of its off-chain clearing and settlement service.
2313 - News
French hardware wallet producer Ledger partnered with Hong Kong custodian Legacy Trust to offer institutional cryptocurrency custody services.
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