BlackRock, Coinbase, and Strategy are among nine firms forming the Bitcoin Security Consortium, investing $15 million to fund research against future quantum computing threats. The initiative aims to support developers in creating quantum-resistant cryptography for Bitcoin, addressing a theoretical vulnerability that could expose billions in BTC.
Anchorage Digital and Binance launch an off-exchange settlement platform for institutional clients. This allows trading on Binance while keeping crypto and cash in qualified custody at Anchorage, mitigating exchange counterparty risk.
Bitcoin options traders are heavily positioned for downside protection, with elevated demand for hedges seen in Deribit and IBIT markets, according to Anchorage Digital research. An unusual implied volatility inversion suggests a focus on near-term risks, though MicroStrategy's options market doesn't signal a severe crisis despite stock weakness.
Bitcoin options traders are heavily positioned for downside protection, with elevated demand for put options from both crypto-native and ETF investors, according to Anchorage Digital research. This defensive positioning is notable in Deribit and IBIT markets, suggesting a focus on near-term risk management.
Anchorage Digital, a crypto bank, has submitted a public comment letter supporting the US Treasury Department's proposed Anti-Money Laundering (AML) and sanctions framework for the GENIUS Act. The company believes the rules strike a balance between compliance and innovation but seeks clarification on secondary-market sanctions liability.
Anchorage Digital has launched a Coordinated Multiparty Settlement (CMS) platform to allow institutions to trade crypto assets while keeping them in custody at its regulated bank, aiming to reduce counterparty and operational risks.
Remittance giant Western Union’s USDPT token will power cross-border payments and a consumer spending product launching in 40+ countries.
Anchorage Digital has integrated Marinade Finance into its platform, enabling institutional clients to stake Solana tokens through automated validator strategies while maintaining custody. The integration offers two strategies: one allocating across roughly 30 KYC-verified validators for compliance-focused use cases including ETFs, and another dynamically distributing stake across hundreds of validators to optimize yield. Available through Anchorage's platform and Porto self-custody wallet, the setup separates staking delegation from withdrawal control.
