Digital Asset Manager Komainu to Provide Custody of Crypto Seized by UK Police

Cryptocurrency seized by U.K. police during investigations will now be securely stored by digital asset manager Komainu. Under a new framework service agreement with the Derbyshire Constabulary on behalf of the National Police Chiefs Council (NPCC) Cybercrime Programme, Komainu will be responsible for providing a more “robust” means to store cryptocurrencies seized during investigations across […]

Continue Reading

BitGo Taps Former Coinbase Exec Jeff Horowitz as Chief Compliance Officer

Qualified cryptocurrency custodian BitGo has hired Coinbase’s former chief compliance officer to lead its compliance and anti-money laundering programs. Jeff Horowitz led Coinbase’s global compliance program before leaving in October. Prior to Coinbase, he spent 12 years with Pershing, a clearing house owned by BNY Mellon.  Horowitz was also co-chair of the Securities Industry and […]

Continue Reading

Crypto Custodian Copper Aims to Bridge Gap Between DeFi and Traditional Finance With New Tool

Crypto custodian Copper is looking to connect institutions to the emergent world of decentralized finance (DeFi) with a newly unveiled product.  Announced Friday, CopperConnect is a bridge between Copper’s existing storage services and DeFi apps. In a press release for the new tool, Copper claims DeFi risks have been decreasing, making the speculative field more […]

Continue Reading

This Crypto Custody Breakthrough Will Bring Banks Closer to Digital Assets

Stealth-mode crypto custody specialist Shard X has claimed a breakthrough, being the first company to successfully run math-heavy, multi-party computation (MPC) on hardware security modules (HSMs). So why does this alphabet soup of security tech matter?  In summary, HSMs are a battle-tested way to store private keys, particularly popular in consumer products like Ledger and […]

Continue Reading