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#institutional-crypto

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Binance hack may be ‘temporary setback’ for crypto, Grayscale’s Pandl says
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Binance hack may be ‘temporary setback’ for crypto, Grayscale’s Pandl says

Cryptocurrency markets are recovering after a massive $6.3 billion security breach hit major exchange Binance. Industry experts note that institutional custody protections and asset reserves should prevent widespread market contagion. Despite the record size of the exploit, analysts expect the long-term structural impact on digital assets to remain contained.

BTCBNB
2.6천10010
Google to preview crypto custody security system as AI threats grow
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Google to preview crypto custody security system as AI threats grow

Google is launching a private preview of its Multi-Party Compute (MPC) crypto custody security system, with major financial institutions and Alphabet already testing the technology. This initiative aims to enhance the security of digital assets against growing AI-driven threats, signaling Google's deeper involvement in the crypto security space.

GOOG
1.2천559
Crypto vault deposits top $10 billion as lending risks draw regulatory scrutiny
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Crypto vault deposits top $10 billion as lending risks draw regulatory scrutiny

Crypto vault deposits have surged past $10 billion, drawing increased scrutiny from regulators regarding underlying lending risks. While curator-managed strategies attract institutional funds, they expose participants to complex liquidity and smart-contract vulnerabilities.

ETH
5.9천41312
JPMorgan takes JPM Coin to Ethereum for institutional clients: Report
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JPMorgan takes JPM Coin to Ethereum for institutional clients: Report

JPMorgan is expanding its proprietary JPM Coin deposit token onto the Ethereum network for institutional clients. This integration facilitates instantaneous cross-border payments and the settlement of tokenized asset transactions.

ETH
2.5천1699