fund

User Funds Are Safe After the Confirmed Breach of Etana’s Custody

User Funds Are Safe After the Confirmed Breach of Etana’s Custody

On April 18, Etana Custody, a custody firm offering fiat financing services to Kraken’s main cryptocurrency exchange, reportedly breached. Given an unauthorized party infiltrating the Etana’s network. Also, a company spokesperson stated to reporters that there was no effect on client funds. On April 18, a widely cited memo from Etana Custody states that. “client […]

BitMEX Joins Covid-19 Relief Efforts With the $2.5M Fund

BitMEX Joins Covid-19 Relief Efforts With the $2.5M Fund

Seychelles-registered crypto-derivatives exchange BitMEX has been the newest player in the industry to enter philanthropic efforts to counter the global health crisis COVID-19. HDR Global Trading, the operator of the exchange, opened a dedicated COVID-19 Response Fund on April 20 and revealed its donation of a total of $2.5 million in grants to four beneficiaries. […]