Crypto for Advisors: Digital Asset Custody’s Future
Once they reach a certain level of sophistication, there’s a clear trend for Web3 asset holders to transition their digital asset wealth to self-custody.Source
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U.S. Senate’s Warren Warns National Security Chiefs About Iranian Crypto Mining
U.S. Sen. Elizabeth Warren (D-Mass.), one of the most prominent critics of cryptocurrency hazards, warned the top military and financial officials that Iran relies on digital assets mining as a source of revenue that can lessen the pressure from U.S. sanctions.Source
MicroStrategy Unveils Plan for Bitcoin-Based Decentralized Identity Using Ordinals
MicroStrategy has already built one application using its service. “Orange For Outlook” integrates digital signatures into emails to enable recipients to verify the identity of the sender.Source
Tokenized Private-Credit Platform Untangled Opens Its First USDC Lending Pool on Celo
Private credit has been at the forefront of crypto’s asset tokenization trend with over $600 million outstanding on-chain assets.Source
LayerZero Takes Snapshot as Airdrop Draws Closer
The interoperability protocol indicated that there will be a series of airdrops.Source
Bitcoin Miner Stronghold Looking at Options, Including Sale of Company
The miner is looking at options including sale of all or part of the company and other strategic transactions.Source
Web3 Publishing Platform Mirror Sells to Paragraph, Pivots to Social App ‘Kiosk’
Mirror and Paragraphs are rivals in the Web3 publishing space, and their deal allows Mirror’s team to operate as an independent company focused exclusively on social media.Source
TradFi Veterans Pitch Tokenized Asset Marketplace With Eyes on U.S. Regulatory Approval
Ironlight, helmed by the former global head of trading of Schroeder and Abu Dhabi’s sovereign wealth fund ADIA with the ex-CEO of TD Bank as an adviser, aims to be a premier tokenization, listing and trading ecosystem for real-world assets targeting big investors.Source
Binance Nigeria Money Laundering Trial Delayed to May 17, Says Gambaryan Family Spokesperson
Binance’s lawyer needed more time to look at evidence from Nigeria’s Economic and Financial Crimes Commission.Source