Bitcoin Suisse joins Liquid Collective to enable ETH staking, METACO partnered with DekaBank, Celsius dropped promise of transparency early on

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Investment NewsSwiss crypto financial services provider Bitcoin Suisse announced today that it has joined Liquid Collective, the liquid staking protocol built and managed by an independent collective of web3 teams including The Liquid Foundation, Alluvial, Coinbase Cloud , Figment, Kiln, Kraken and others. According to an announcement, once online, Bitcoin Suisse customers will have the option to stake Ethereum (ETH) via Liquid Collective and use the receipt token generated by its protocol (LsETH) to participate in Web3 and finance. decentralized (DeFi). Additionally, LsETH holders will be protected against losses due to slashable events via built-in hedging, he said. projects that contribute to the common causes of privacy and autonomy. Additionally, according to an announcement, in anticipation of the upcoming mainnet launch of Anoma’s first fractal instance, Namada, a proof-of-stake layer 1 for asset-independent cross-chain armored transfers, the foundation plans to recommend a block genesis with at least 20% of the initial token supply dedicated to retroactive funding of public goods.Banking NewsMETACO, a provider of digital asset custody and orchestration technologies, announced its partnership with DekaBank, a provider of securities services and capital market solutions to the financial group of the German savings banks (Sparkassen-Finanzgruppe). METACO’s Harmonize platform has been selected by DekaBank to manage its digital asset operations. This platform was developed in partnership with tier 1 banks to enable the commercial launch of complex banking value propositions around digital assets, such as the custody of cryptocurrencies and digital securities, the press release states. Independent Reviewer Shoba Pillay’s Celsius Network said, “Behind the scenes, Celsius conducted its business in a way that was radically different from how it marketed itself to its customers in every way. […] Celsius abandoned its promise of transparency from the outset. The company was running a much riskier business than expected and failed to report hundreds of millions in losses. Former crypto lender BlockFi has won court approval to sell its crypto mining equipment as part of the effort to repay its creditors. According to a court order, the decision to allow BlockFi to sell the remaining assets is “just, reasonable, and appropriate in the circumstances.” Additionally, all “qualified bids” must be submitted by the February 20 deadline. Regulatory News Kazakhstan’s Astana Financial Services Authority (AFSA) has released draft “improvements” to its Digital Asset Trading Facility (DATF) crypto exchange licensing framework for public comment. It proposed requirements for regulated exchanges with respect to the safekeeping and segregation of client assets, as well as risk mitigation. esports fantasy gaming and earning Stattrak has announced a new product for esports fans in some of the leading competitive games including Counter Strike: Global Offensive, League of Legends, Valorant, Rainbow Six Siege, and Dota 2. Stattrak, which started out as a mobile app allowing users to build fantasy teams in professional esports tournaments and earn bitcoin (BTC) rewards based on their team’s performance, now also offers a web-based platform as well. that more games, tournaments and a new game mode, said a press release. a way for developers to leverage zero-knowledge technology to build blockchain applications. According to an announcement, Axiom can interact with any on-chain system, including the Ethereum base layer and rollups, unlocking faster and more private decentralized applications (dapps). Web3 developer bloXmove has joined the Web3 network’s peaq ecosystem to provide the Layer 2 protocol layer for mobility-focused, charging and parking-focused dapps on the peaq network, an announcement said. As the first project on peaq, bloXmove will create a Web3 alternative to popular ridesharing apps, owned by drivers and passengers rather than tech giants. It is also inviting the community to participate in a hackathon for the project later in 2023. Business News Identity verification company Trulioo has launched a global identity platform for verifying people and businesses to help businesses around the world create trusted user experiences while complying with regulations and maximizing growth. said. “The rise of online shopping, mobile payments and digital currencies in recent years presents opportunities for innovation and growth. But it also poses challenges for businesses to mitigate fraud and meet changing regulations,” the press release said.

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