Zodia Custody Seeks to Raise $50 Million to Expand its Custody Services
TL;DR Zodia Custody, the digital asset custody firm of Standard Chartered Plc, is seeking to raise $50 million in a new funding round. The company plans to attract…
Cryptocurrencies
Radiant Capital Sets New Standards in DeFi Security After Recent Incident
TL;DR Radiant Capital conducts post-mortem after security incident, encouraging improvements in the DeFi industry. Influential industry figures highlight the need to strengthen operational security.…
Bitget Wallet Lite Reaches 6 Million Users on Telegram
TL;DR Bitget Wallet Lite has reached over six million users in just three days since its launch on Telegram. The growth was driven by…
Canary Capital Files for Spot Solana ETF Amid Regulatory Challenges
TL;DR Canary Capital files for Solana ETF: The firm filed its application with the US SEC on October 30, 2024, seeking to expand investment…
Robinhood Q3 Surge: Global Expansion and New Trading Tools
TL;DR Robinhood reports revenue of $637 million in Q3 2024, up 36% year over year. Earnings per share (EPS) were $0.17, significantly improving from…
Ika Launches Its Multiparty Computing Network on the Sui Blockchain
TL;DR Ika has launched its multiparty computing (MPC) network on the Sui blockchain, improving interoperability and the security of digital assets. The MPC network…
dYdX Lays Off 35% of Its Core Team for Strategic Shift
TL;DR dYdX lays off 35% of its core team amid decline in total value locked (TVL). The move did not affect the price of…
OKX and Standard Chartered Set a New Benchmark in Institutional Crypto Custody
TL;DR OKX partners with Standard Chartered as its cryptocurrency custodian for institutional clients. The collaboration seeks to offer greater security and confidence to institutional…
Vitalik Buterin Defends the Future of Ethereum and Proposes Improvements in Layer 2 Interoperability
TL;DR Vitalik Buterin responded to criticism regarding the user experience in Ethereum Layer 2, stating that one should not justify the current deficiencies. Camila…
Bitcoin Rise in BlackRock Hands as ETH Faces ETF Outflows
TL;DR BlackRock increases its Bitcoin holdings to 403,725 BTC, valued at $27.73 billion. Ethereum ETFs see net outflow of 2,917 ETH, reflecting a lack…
Alert! $600,000 Stolen in Truth Terminal Crypto Scam
TL;DRa Hacker exploited Truth Terminal founder Andy Ayrey’s X account to promote a fraudulent token. The token reached a market cap of over $25…