Tag Archives: Raises

Bakkt to Provide Bitcoin Custody but Its Product Raises Questions

Bakkt, a bitcoin futures exchange backed by the Intercontinental Exchange (ICE), announced that it is launching custodial services for institutional enterprises. This is not the first organization to provide bitcoin custody, but the firm believes that it would set the stage for the mass adoption of the technology. Continue reading Bakkt to Provide Bitcoin Custody but Its Product Raises Questions

Dubbed Crypto’s Hot New Trend, Staking Raises Major Security Risks

During what has become the longest bear market to date in cryptocurrency, it’s no surprise that anxious investors are eager to find alternative strategies to continue making gains during the downturn. One of those strategies, which has become a hot trend in crypto, is the practice known as staking. Continue reading Dubbed Crypto’s Hot New Trend, Staking Raises Major Security Risks

Crypto Custody Startup Raises $8 Million from ConsenSys & Two Sigma Ventures

Venture firm Two Sigma and Ethereum development studio ConSensys have invested $8 million into digital asset custody solution provider Trustology, Business Insider reports. Both investors would be joining Trustology’s board of directors. Continue reading Crypto Custody Startup Raises $8 Million from ConsenSys & Two Sigma Ventures