South Korean Police Lose Seized Bitcoin from Cold Wallet
Authorities in Seoul confirmed that 22 BTC seized in 2021 was drained from a police-held cold wallet, prompting an internal investigation into evidence custody practices.
BitGo Targets Up to $201 Million in US IPO
Crypto custody firm BitGo has launched its US initial public offering, seeking to raise up to $201 million at a valuation approaching $2 billion as institutional demand for regulated digital asset infrastructure grows.
Hong Kong Advances Licensing Framework for Crypto Trading and Custody
Hong Kong regulators have finalized licensing rules for crypto trading and custody providers, aligning oversight more closely with traditional securities regulation while launching a new consultation on advisory and asset management services.
Hex Trust Launches Wrapped XRP to Expand Cross-Chain DeFi Access
Hex Trust will issue and custody wrapped XRP to extend the token’s DeFi utility across multiple blockchains, launching with more than $100 million in locked value.
BitGo Expands Custody Offering to Include IOTA
BitGo integrates IOTA into its custody services, enabling compliant, insured institutional access and liquidity solutions for the growing digital asset ecosystem.
SpaceX Transfers 1,163 Bitcoin to Coinbase Prime-Tied Wallet
SpaceX transferred 1,163 Bitcoin, valued at about $105 million, to a Coinbase Prime-linked wallet, marking another significant on-chain movement from the aerospace company’s treasury.
Australia Moves to Mandate Licenses for Crypto Asset Platforms
The Australian government introduced comprehensive legislation to Parliament requiring crypto exchanges and custody providers to obtain an Australian Financial Services Licence (AFSL).
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