Major Swiss Bank ZKB Launches Bitcoin, Ether Trading
The fourth-largest bank in Switzerland, Zurich Cantonal Bank, has expanded its financial capabilities by introducing cryptocurrency trading and custody services. The fourth-biggest bank in Switzerland, Zurich Cantonal Bank, has formally joined the cryptocurrency space and is now allowing its customers to store and trade Ethereum and Bitcoin. The bank stated in a news release dated […]
Tether Partners with Reku to Foster Crypto Literacy in Indonesia
Tether and the Reku cryptocurrency exchange are conducting a roadshow to teach people about cryptocurrencies in Indonesia’s major cities. Together with Indonesian cryptocurrency exchange Reku, stablecoin issuer Tether launched a national education campaign to improve crypto literacy in the nation. According to a press statement on September 4, the combined effort will include a roadshow […]
Anchorage Announces Custody Support for Bitcoin L2 Stacks
Anchorage has advanced its institutional custody services into the Bitcoin layer-2 ecosystem using Stacks. Leading L2 solution for Bitcoin, Stacks, just achieved a significant milestone with their Nakamoto update. Through this collaboration, Stacks becomes the first platform to incorporate Anchorage Digital Bank N.A., providing custody services to STX holders. Anchorage Digital formally entered the Bitcoin […]
Matter Labs to Cut 16% of Workforce
Matter Labs, the developer of ZKsync, an Ethereum layer-2 solution, announced a major organizational reorganization and 16% layoffs. In order to better meet the changing demands of ZKsync (ZKSY) developers for support and technology, the business will be eliminating these roles. CEO Alex Gluchowski stated in a statement on X that the company’s shifting position […]
SEC Accuses Galois Capital of Misleading Investors
Galois Capital, a company in Florida, has accused the U.S. Securities and Exchange Commission (SEC) of grave compliance violations and investor deception. The charges center on the company’s dissemination of false information regarding redemption policies and disregard for mandatory custody procedures . According to the SEC’s decision, Galois Capital violated the Investment Advisers Act’s Custody […]