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Nasdaq plans for Crypto Service
Subtle Bits of Crypto
Nasdaq plans for Crypto Service 😃
Nasdaq plans to launch a cryptocurrency custody service for Bitcoin and Ethereum in 2023.
This move is part of Nasdaq's new Digital Assets arm that will focus on providing digital asset management services.
The custody service will initially be available to institutional clients before being expanded to retail clients.
NFT investor accidentally burns $135K CryptoPunk trying to borrow money 😲
An investor accidentally burned a rare CryptoPunk NFT worth $135,000 while attempting to use it as collateral for a loan.
The investor mistakenly sent the NFT to a "burn address," which destroyed the digital asset.
The incident highlights the need for greater education and awareness around NFTs.
Interpol Detained Do Kwon in Montenegro
Interpol has detained Do Kwon, the CEO of Terraform Labs, in Montenegro.
Kwon was arrested on suspicion of financial fraud and embezzlement in South Korea.
Terraform Labs is the company behind the Terra stablecoin and blockchain platform.