Algoz Taps Zodia Custody for Safer Investing
Standard Chartered’s crypto custodian, Zodia Custody, partners with Algoz to address counterparty risks that caused market volatility in 2022. Zodia Custody, a crypto custodian that Standard Chartered sponsors, has announced a partnership agreement with Algoz, a quantitative trading firm, to mitigate counterparty risks responsible for substantial market disruptions in 2022. According to a press release, […]
NEAR Launches Protocol to Help Developers
The NEAR Foundation developed a protocol to simplify decentralized application development across blockchains. The NEAR Foundation, a non-profit organization headquartered in Switzerland, has announced the mainnet release of Chain Signatures. This novel protocol is intended to streamline the development of decentralized applications across multiple distributed ledgers. According to a blog post published on August 8, […]
Franklin Templeton Launches Money Market Fund on Arbitrum
The money market fund of Franklin Templeton, a $1.66 trillion asset manager, has been launched on Arbitrum. In a press release, the Wall Street colossus announced that the Franklin OnChain U.S. Government Money Fund FOBXX is now accessible to investors on Arbitrum, an Ethereum Layer 2 blockchain. After being available on Stellar and Polygon, FOBXX […]
Mox Bank Debuts Crypto ETFs for Retail Investors
Mox Bank has become the first virtual bank in Hong Kong to provide spot crypto exchange-traded funds to retail investors. As the city strives to establish itself as an international crypto center, Mox Bank, a digital bank headquartered in Hong Kong, has initiated trading services that utilize spot crypto ETFs. Mox announced in a press […]
CoinDCX Launches $6m Customer Protection Fund
CoinDCX has established a $6 million contingency fund to protect customer funds during the Indian crypto market’s $230 million WazirX hack recovery. According to a press release, the ‘Crypto Investors Protection Fund’ will function as a safety net to mitigate user losses in the event of a security breach or other unforeseen circumstances that could […]