KuCoin launches $2 billion Trust Project to boost transparency and security
KuCoin has committed $2 billion to boost platform transparency, security, and compliance. The multi-year Trust Project is already underway with phased rollouts. The initiative also aims to strengthen KCS token…
Crypto.com launches crypto custody trust service for US and Canadian institutions
The crypto custody service will be available to eligible Canadian and US institutions and high-net-worth clients The launch of the trust company is Crypto.com’s latest step in building their presence…
Immunefi suspends Trust Security (TrustSec) amid bug bounty dispute
Immunefi has suspended Trust Security for mischaracterizing a critical bug report. Trust Security discovered a theft-of-funds bug but was denied a full bounty payout. TrustSec rejected Immunefi’s goodwill offer, citing…
Hedera joins Linux Foundation’s Decentralized Trust project
Hedera announced it had joined the Linux Foundation Decentralized Trust project as a founding member. The initiative includes contributing its entire source code to the LF Decentralized Trust. HBAR price…
Grayscale introduces Grayscale SUI Trust, boosting SUI price
Grayscale’s launch of SUI Trust has boosted SUI price by over 16% to above $1. The new Grayscale trust provides institutional investors with a new entry point into SUI. Institutional…
Trust Wallet partners with TON to boost blockchain adoption
Trust Wallet partners with TON to leverage Telegram’s user base for GameFi and DApps. The integration enables 100 million users to send and receive Toncoin (TON) tokens. Future plans include…
Hex Trust Group launches USDX, the first native stablecoin on Flare Network
Hex Trust launches USDX, the first native stablecoin on Flare, backed 1:1 by USD. USDX can be staked in Clearpool’s T-Pool for real-world yield without lock-ups. USDX aims to enhance…
Patient Capital Management ditches Grayscale Bitcoin Trust for Bitcoin ETPs
Patient Capital Management shifts from Grayscale to Bitcoin ETPs diversify investment portfolio. An updated SEC filing shows that the firm has replaced Grayscale Bitcoin Trust with Bitcoin ETPs. The firm…
Ripple to acquire Standard Custody & Trust Co. to expand US presence
Ripple acquires Standard Custody & Trust Co. to bolster US presence and regulatory compliance. The acquisition enables Ripple to expand service offerings, including asset tokenization and custody solutions. The move…
First Trust seeks SEC approval for Bitcoin ‘Buffer ETF’ to safeguard investors
First Trust files for Bitcoin Buffer ETF with SEC, aiming to mitigate risk via options. Buffer ETFs gaining momentum, 139 trading on US markets, $32.54B AUM. Buffer ETFs don’t guarantee…