Coinbase provides custody for DigitalXs new Australian Bitcoin ETF

The US crypto exchange Coinbase is providing Bitcoin custody services to Australias DigitalX, the issuer of the second spot BTC ETF in the country.

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Hut 8 nabs $50M Coinbase credit facility ahead of merger with US Bitcoin

Bitcoin (BTC) miner Hut 8 said on June 26 that its subsidiary, Hut 8 Holdings, entered into a $50 million credit facility agreement with Coinbase Credit for general corporate purposes. Hut 8 stated that the credit facility offers a $15 million term loan that would be funded at or shortly after closing. The facility also […]

The post Hut 8 nabs $50M Coinbase credit facility ahead of merger with US Bitcoin appeared first on CryptoSlate.

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Grayscale Refuses To Show On-Chain Proof Of Reserves, Citing Security Concerns

Investors are understandably curious about their cryptocurrency investments. To answer these questions, Grayscale Investments LLC, a digital currency investment service provider, made an announcement on Twitter regarding the safety and security of its assets on November 18th. Crypto Exchange FTX filed for bankruptcy last week after it lost the public’s confidence in its accounting of […]

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Bitcoin exchange platform Shakepay moving assets to Coinbase Custody cold storage

Shakepay, a Canadian-based bitcoin exchange platform, today announced that now its customers’ cryptocurrency will be held in cold storage with Coinbase Custody. “This change ensures that your digital currency is held in an account that’s owned by you and that’s stored by one of the largest crypto custodians in the world. As a Shakepay customer, […]

The post Bitcoin exchange platform Shakepay moving assets to Coinbase Custody cold storage appeared first on CryptoNinjas.

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Coinbase CEO: Every Institution Is Now Starting to Hold Crypto

Coinbase CEO Brian Armstrong says “every institution is now starting to hold crypto,” emphasizing that “the asset class will be a standard part of every diversified portfolio.” Moreover, the executive noted that institutions will eventually be using crypto in other ways, such as “holding it on their balance sheet, paying their vendors, [and] doing payroll.” [...]

The post Coinbase CEO: Every Institution Is Now Starting to Hold Crypto appeared first on Crypto Breaking News.

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Blackrock Files for Bitcoin Trust — Analyst Calls It a ‘Real Deal’ Spot Bitcoin ETF Filing

Blackrock, the world’s largest asset manager, has filed to register a bitcoin trust that some believe is actually a spot bitcoin exchange-traded fund (ETF) in disguise. Blackrock is seeking to launch a bitcoin product despite the U.S. Securities and Exchange Commission’s (SEC) efforts to crack down on unregistered crypto platforms and securities tokens. The asset [...]

The post Blackrock Files for Bitcoin Trust — Analyst Calls It a ‘Real Deal’ Spot Bitcoin ETF Filing appeared first on Crypto Breaking News.

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BlackRock's Bitcoin ETF ‘is the best thing to happen' to BTC, or is it?

Galaxy Digital CEO Mike Novogratz was among those over the moon with the news, others warn it could be the start of a major institutional takeover.

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