Nasdaq to Launch Crypto Custody Service Nasdaq Stock Exchange is looking to launch a crypto custody service by the end of the second quarter of 2023. The service will initially offer custody services for Bitcoin and Ethereum. Nasdaq joins other traditional financial giants like Fidelity Investments, BNY Mellon and BlackRock in offering crypto services. Nasdaq’s Digital Assets Division Nasdaq first […]
Weiterlesen »• SVB Financial Group, the parent company of Silicon Valley Bank, has filed for bankruptcy protection. • The filing was submitted in the Southern District of New York and aims to preserve company value. • Customers affected by the bank’s failure will receive access to their funds from the FDIC and an emergency plan from the Biden administration and U.S. […]
Weiterlesen »• The SEC issued a Wells Notice to Paxos, indicating that they are under investigation for their BUSD stablecoin. • A Wells Notice outlines the charges the SEC intends to bring and allows the respondent to submit a statement in defense. • Paxos disagrees with the decision and is confident that BUSD is not a security under federal securities laws. […]
Weiterlesen »• NFT trading volume increased to $2 billion in February, reaching its pre-LUNA crash levels. • Ethereum (ETH) remained the top blockchain by NFT trading volume with $1.8 billion. • Blur had the highest trading volume over OpenSea with $1.3 billion and 96,856 users. NFT Trading Volume Returns to Pre-LUNA Crash Levels in February Non-fungible token (NFT) market’s trading volume […]
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