Category: Business

Qredo Raises  Million to Decentralize Crypto Custody Industry

Qredo Raises $11 Million to Decentralize Crypto Custody Industry

If someone steals your private key or cracks your cryptocurrency exchange password, your holdings are toast. This ever-present threat wards off institutional investors from investing big sums in crypto, says Anthony Foy, CEO of London-based Qredo. “Existing custodial models are fundamentally broken. Institutions have to choose from retail wallet solutions, vulnerable centralized databases, or cold […]

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CryptoPunks Creators Just Launched Meebits, NFT Resales Already Top  Million

CryptoPunks Creators Just Launched Meebits, NFT Resales Already Top $3 Million

Larva Labs, the two-man development team behind the wildly popular CryptoPunks NFT series, has announced a new set of NFTs called Meebits. Where CryptoPunks were pixelated 2D icons, Meebits are 3D avatars rendered in voxels (pixels with volume—hence, “voxels”). They’re algorithmically generated, and attached to NFTs on the Ethereum blockchain, which means the standard ethical […]

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Turkey Forces Crypto Exchanges to Report More Customer Information

Turkey Forces Crypto Exchanges to Report More Customer Information

The Turkish government has added cryptocurrency exchanges to the list of firms subject to the country’s anti-money laundering and terrorism financing (AML-TF) regulations. The regulatory change took immediate effect after the presidential decree—similar to an executive order in the US—was published in the Official Gazette today. By applying those rules to crypto, the government now […]

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