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The firm's Gold & Silver fund made a $2.58 million investment in an XRP ETP in the first half of 2023, which was later cancelled.

Asset Manager Jupiter’s Crypto Investment Scrapped by Compliance Team: FT

The investment in the XRP product was canceled due to crypto investment rules in Ireland. The asset manager had to quickly scrap the investment at a loss of...

7 months ago

Ripple bought Swiss custody provider Metaco last year, but Standard has a New York BitLicense.

Ripple acquires Standard Custody & Trust, its second custody provider

Ripple has acquired Standard Custody & Trust Company, a United States digital asset custody provider. The company already had ties to Ripple through its executives. Standard Custod...

7 months ago

An analysis by Web3 firm De.Fi shows that nearly 75% of the top tokens by volume feature governance risk factors.

Governance poses threat to 75% of top tokens — Report

A bulk of the largest tokens by volume face significant governance risks, failing to follow best practices to prevent exploits and other security threats. According to an analysis from...

7 months ago

Crypto exchange FTX was hacked for over $400 million just hours after filing for bankruptcy in 2022. Many initially believed it was an inside job.

FTX’s $400M hack linked to SIM-swap attack, feds charge 3

Three individuals charged by United States prosecutors for orchestrating a series of SIM-swap attacks have been linked to the $400 million hack of FTX in 2022 that occurred just hours after it f...

7 months ago

Bitpanda Wealth uses Bitpanda’s proprietary custody solution, which applies cold storage to keep investors’ assets safe.

Bitpanda launches institutional crypto platform with cold storage

Austrian fintech unicorn Bitpanda is launching an institutional-grade cryptocurrency trading platform in response to the growing demand for institutional crypto services in Europe. Bit...

7 months ago

Top Chinese Asset Manager Moves to Launch Bitcoin ETF in Hong Kong

The Hong Kong subsidiary of Chinese asset management firm, Harvest Fund Management, applied for a spot Bitcoin ETF on Jan. 26. This marks the first submission of its kin...

7 months ago

Brad Garlinghouse continues to criticize SEC chair Gary Gensler over his unfavorable crypto regulation, as he suggests that the U.S. should leverage ChatGPT to get tips on how to regulate the industry.

Ripple CEO Slams Gary Gensler and SEC, Says ChatGPT Can Make Better Rules

Ripple CEO Brad Garlinghouse has slammed Gary Gensler, the United States Securities and Exchange Commission (SEC) chairman, over his unfavorable regulatory approach in the crypto space.

8 months ago

Renowned crypto lawyer John Deaton has volunteered to testify at a congressional hearing on cryptocurrencies scheduled for January 10.

Vocal XRP Advocate John Deaton Volunteers to Testify at Crypto Hearing

On Thursday, Deaton took to X (formerly Twitter), expressing his willingness to represent the interests of several individual token holders. He offered to testify, at the hearing by th...

8 months ago

Other companies in the CBI VASP register include Coinbase and Gemini exchanges, the payment processor MoonPay, Zodia Custody and others.

Ripple gets approval to operate as digital asset service operator in Ireland

Cryptocurrency payment network Ripple has reached another regulatory milestone in Ireland, with the Central Bank of Ireland (CBI) approving the firm as a virtual asset service provider (VASP).&n...

8 months ago