The Crypto Compass Issue #5

Institutional investors can post collateral from the cold wallets with Binance Custody, the crypto exchange said.

The service lets users connect to Lido and Rocket Pool and stake ETH to receive liquid staking tokens directly from the staking providers.

Chinese crypto entrepreneur Justin Sun is willing to spend $1 billion of his own funds on buying assets belonging to Digital Currency Group (DCG), the parent company of embattled crypto lender Genesis, Sun told Reuters.

On Tuesday, MPs and financial experts weighed up the potential benefits and risks for UK businesses and consumers of allowing the crypto asset industry to flourish in the UK.

Bradesco carried out the operation as part of a regulatory sandbox promoted by the South American country's central bank.

The program has been the subject of a public fight between the two erstwhile corporate partners. 

Amid official reports that the crypto lender is under investigation in Bulgaria, Nexo insisted that it has followed AML and KYC rules.

The software upgrade scheduled for Jan. 17 will address gas spikes and chain reorganization.

You may have seen the 2011 film “Margin Call” about the hours before the 2008 crisis, or even “The Big Short” that showcases the greatest swaps purchased in recent financial history. Both movies delve deep into the world of derivatives for careful viewers, and into a story of cascading liquidations and margins for the more meticulous moviegoers. In 2022, 14 years after 2008, we find ourselves in a similar situation of liquidations and portfolio management, but only in the next era of the financial sector.