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Abdul Basha
VerifiedX taps Crypto.com for custody, OTC services supporting $1.5 billion in assets VerifiedX, a decentralized Layer 1 network and Bitcoin sidechain, announced Thursday it has selected Crypto.com to provide institutional custody and liquidity solutions for $1.5 billion in assets. According to a statement, the partnership will allow eligible institutions operating on the VerifiedX (VFX) network to utilize Crypto.com's regulated custody infrastructure to store and manage digital currencies. In addition to cold storage and governance workflows, Crypto.com will provide VerifiedX with over-the-counter (OTC) trading capabilities to facilitate deeper liquidity....
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Dr. Mesut İnan
Blockchain researcher ZachXBT claimed on social media that Circle remained passive regarding the funds transferred following the nine-digit Drift attack. Allegedly, over $230 million worth of USDC was transferred from Solana to Ethereum via CCTP in more than 100 transactions. ZachXBT argued that these transfers took hours, and Circle failed to use the time to freeze the funds.
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