Crypto Asset Manager Algoz Taps Standard Chartered-Backed Zodia Custody for Safer Investing
Algoz will use Zodia’s Interchange service to offer off-venue settlement and mitigate risks around liquidity and insolvency.
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NEAR Pushes ‘Signatures’ on Mainnet, in Growing Trend of Chain Abstraction
The feature was introduced in testnet in March, and allows users with a NEAR account to sign transactions on blockchains it supports, without the need for cross-chain bridges.
Franklin Templeton’s Tokenized Money Market Fund Expands to Arbitrum
The $420 million OnChain U.S. Government Money Market Fund was previously available on Stellar and Polygon.
Coinbase-Backed Vega Gets Into Prediction-Market Race, Chasing Polymarket
A major upgrade to Vega’s blockchain and decentralized perpetuals exchange will allow users to bet on the outcomes of future events.
First Mover Americas: Crypto Prices Little Changed, XRP Surges
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Wallet Linked to Nomad Bridge Hack Transfers $36M of Ether to Tornado Cash
A wallet linked to the $200 million hack of the Nomad bridge in 2022 transferred 14,500 ETH to sanctioned coin-mixing service Tornado Cash, according to blockchain security firm PeckShield.
Japan’s Top Regulator Says Crypto-ETF Approvals Need ‘Cautious Consideration:’ Report
The boss of Japan’s Financial Services Agency (FSA) has said “cautious consideration” needs to be given to the decision of approving crypto-related exchange-traded funds.
Metaplanet Arranges Loan to Buy $6.8M of BTC
The Japanese company announced its plan to adopt bitcoin as a reserve asset to hedge against the volatility of the yen in May.
XRP Jumps 17%, Beating Bitcoin Gains, as Ripple-SEC Case Ends
Trading volumes nearly tripled and open interest on XRP-tracked futures jumped $200 million in the past 24 hours.
Bitcoin Faces Risk From ‘Maxed Out’ U.S. Consumers, Analyst Says
U.S. consumers are accumulating debt at a slower rate, data released Wednesday showed.