Cryptocurrency exchange Coinbase has acquired the institutional business of cryptocurrency wallet and custody service provider Xapo. Coinbase said in an announcement on Thursday that the deal will help expand its custody business and will increase its assets under custody to be more than $7 billion. According to a Fortune report on Thursday, Coinbase acquired Xapo’s institutional
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On August 13, Samsung, the South Korean multinational conglomerate, published the company’s new Blockchain Keystore SDK for developers and the latest release supports Bitcoin Core (BTC). The version follows Samsung’s previous Keystore release which only supported ETH and the ERC20 standard. Also Read: Exploring the SLP Token Universe Built on the Bitcoin Cash Chain Samsung
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Russia’s capital is looking for a contractor to build a blockchain system to host the city’s administrative services. Open Media reports that Moscow’s Information Technologies Department has announced an auction to build an ethereum-based system that will host the electronic services now offered to Muscovites. The estimated cost of development is stated as 57 million Russian
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Noelle Acheson is a veteran of company analysis and CoinDesk’s Director of Research. The opinions expressed in this article are the author’s own. The following article originally appeared in Institutional Crypto by CoinDesk, a free weekly newsletter focused on crypto assets. Sign up here. Everything flourishes with a bit of attention – even attention itself. You may have
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