Crypto exchange FTX US wins Voyager Digital’s assets auction
Cryptocurrency brokerage company Voyager Digital has announced FTX US as the winning bidder for its digital assets worth roughly $1.4 billion and also its customers will eventually transition to the FTX platform. Voyager claimed that the bid consisted of the fair market value of its cryptocurrency holdings “at a to-be-determined period in the future,” which […]
How NFT is used to improve business strategy
NFT create a unique brand experience, introduce distinct products onto the market, and attracts new clients while generating revenue. The business sector is gradually moving toward NFT, which many experts have identified as the trading technology of the future. This is because NFTs are safe and secure for trading without concern for virtual goods or […]
Prominent Crypto Figure Leaving Department of Justice
Nicholas Quaid, who was in charge of the Criminal Division’s second-in-command position, spent his almost two years at the DOJ developing the system for enforcing and passing laws about crypto crimes. According to a report from Bloomberg Law on Tuesday, a key figure in the process of making laws and prosecuting crypto crimes is leaving […]
Franklin Templeton to Offer Digital Asset Strategies
The platform will be available to U.S. investors by the middle of October. It was created in partnership with Eaglebrook Advisors, which focuses on cryptocurrencies. Franklin Templeton manages more than $1.3 trillion in assets. In the fourth quarter, Eaglebrook Advisors will start to offer two digital assets separately managed account (SMA) strategies. The Franklin Templeton […]
Signature Bank: Crypto Outflows Weakened By Core Deposits
The Signature Bank spot deposits dropped by $1.64 billion. This was because $4.27 billion left the bank through digital asset banking. Wedbush, a broker, said in a research report on Tuesday that the most important thing to learn from Signature Bank (SBNY) mid-quarter update is that spot deposits fell by $1.64 billion. This was caused […]