Binance to let institutions store crypto with cold custody
The Mirror service is based on Binance Custody and involves mirroring cold-storage assets through 1:1 collateral held on a Binance account.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The Mirror service is based on Binance Custody and involves mirroring cold-storage assets through 1:1 collateral held on a Binance account.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Exchanges Rush to Prove Cold-Storage Reserves as Binance Hack Fallout Deepens and Bitcoin Slides Below $76,000
Exchanges publish cold-storage proof after Binance's $6.36bn hack, Bitcoin falls below $76,000 with $850m liquidated, and France r...
Coinbase Pitches a Full Token Lifecycle Service, From Public Sales to Custody
TL;DR: Coinbase’s November 5 product update describes an integrated set of services for token issuers, from sales and distribution...
Elliptic Traces $124M in Bitcoin Swaps From Binance Hack Funds
TL;DR: A November 6 update from blockchain intelligence firm Elliptic says roughly $124 million of assets stolen in the October Bi...
Binance-Controlled Korean Exchange GOPAX Stops Trading, Makes Users Email to Withdraw Crypto
Customers of GOPAX, a Korean exchange whose operator Streami is majority-owned by Binance, can now get crypto out only by emailing...
Solana’s October Upgrade Review Puts 200ms Slots and $5B in Tokenized Assets in Focus
TL;DR: Solana Foundation’s November 6 ecosystem review says two protocol changes went live in October: a reduction in target slot...
Binance, Deribit Kill SignalPlus API Keys After $82K Social Engineering Breach
Key Takeaways: Binance and Deribit removed all the API keys associated with SignalPlus. The losses haven’t exceeded $82,000, Signa...