Israeli-based firm Fireblocks,which provides crypto custody services for businesses faces negligence accusations, allegedly deleting keys to a wallet containing 38,178 Ethereum (ETH).
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Fireblocks wants to help institutional investors access crypto staking opportunities. The company's institutional focus comes at a time when interest in crypto is high. Digital asset security platform Fireblocks has been working over the past year to improve institutional access to cryptocurrencies.
The security platform for institutional digital assets Fireblocks has made the announcement that it’s integrating the decentralized finance (DeFi) platform for lending Compound, which is the second Ethereum (ETH) application in the world.
According to Lookonchain, irrespective of losses and the exit from Hyperliquid, James Wynn has generated massive traction with his referral code, WYNN (822).
Bitcoin lost $405M in outflows over the past week. Importantly, short Bitcoin products shed $9.2M, pointing out that the $BTC investors are decreasing leverage.
Ethereum is growing faster than ever as entities keep increasing their ETH holdings and this can be attributed to increased institutional trust in the network.
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