In recent months, we have witnessed a positive change in the finance institutions’ approach towards digital assets. Today, more than ever, we see the crucial role that financial entities play in leading the digital asset markets to mass adoption by focusing on promoting digital asset products and services in regulated financial markets. This positive change aligns with our strategy and vision.

Another day, another painful reminder to diversify and work with multiple wallet and custody providers. Earlier this month, the Hong Kong-based centralized crypto exchange CoinEx lost up to 70 million dollars of user funds in a hack as compromised

Instability and a collapse in trust have plagued the crypto industry during the year 2022, due to several high-profile events that affected DeFI and CeFI. Lately, traditional banks have caught the attention of all of us. Recent turbulence in banking due to lack of risk management has increased interest in crypto assets, which are in fact looking more attractive than ever.

Bitstamp and Crymbo announce today that Bitstamp is now one of the smart asset management solution’s top 10 liquidity providers. This partnership will boost Crymbo’s risk diversification offering, adding a new liquidity venue to its current network. Through this partnership, Bitstamp’s clients will also have access to more than 10 additional leading liquidity providers.

Founded in 2019, FTX rapidly rose to be one of the top three centralized cryptocurrency exchanges by volume. Now, as even those with little interest in cryptocurrency know, the company is bankrupt, most likely due to the reckless abuse and manipulation of customer assets. FTX’s convincing veneer of regulatory compliance led many big and small market participants to throw caution to the wind and treat FTX as a safe harbor for the bulk of their assets.