Standard Chartered-Backed Zodia Custody Joins Ripple-Owned Metaco’s Global Crypto Storage Network
Zodia Custody to use Metaco network (Pixabay)
Finance
Grayscale Setting Up for Bitcoin ETF Race by Hiring Industry Veteran from Invesco
Crypto asset manager Grayscale has hired former Invesco Head of Americas John Hoffman to lead its distribution and partnerships team, six weeks before a decision is set to come out on whether the company will be allowed to launch a spot bitcoin [BTC] exchange-traded-fund (ETF).
Cryptocurrency Worth $1.5M Seized From Former Ukrainian Head of State Communications
The National Anti-Corruption Bureau of Ukraine has seized $1.5 million worth of cryptocurrency from Yuriy Shchigol, Ukraine’s former head of the State Special Communications Service, according to local news outlet RBC.
KuCoin Ventures to Provide $20K Grant to TON Ecosystem
KuCoin Ventures’ funding will be allocated to five “mini-apps” on TON focusing on payments and gaming.
Cathie Wood’s ARK Invest Offloads a Further $4.7M Worth of Coinbase Shares
COIN reached its highest level since April 2022, rising to $130.31 on Wednesday.
Bitcoin Going From Boiling the Oceans to Draining Them, According to Critic
The findings have an echo of De Vries’ previous criticisms of Bitcoin, which have hitherto centered on the electricity usage of bitcoin mining.
Crypto for Advisors: Investing in Web3
Alex Tapscott, author of the recently published book Web3: Charting the Internet’s Next Economic and Cultural Frontier, takes us through Web3 investment opportunities in today’s Advisors.
Decentralized Infrastructure Provider Grove Raises $7.9M
Decentralized infrastructure is the use of blockchain technology and token incentives to build physical networks so other projects don’t need to incur the costs of buying and running their own equipment.
Institutional Crypto Trader Talos Taps Into Uniswap’s Liquidity
It’s the first time Talos will be routing trades through a decentralized exchange.
Polygon’s Secret Deal: Sending DraftKings Millions to Run Failed Validator
Polygon quietly gave DraftKings’ validator preferential treatment while telling the public it was an “equal” member of the validator community.