Crypto Custody Firm Ledger Cuts 12% of Staff The company cited macroeconomic headwinds limiting the company’s ability to drive revenue as a reason for the cuts.

Family of Irvo Otieno, Who Died in Custody in Virginia, Settles Suit for $8.5 Million Lawyers for the family of Irvo Otieno say he died of asphyxiation after deputies and medical staff members piled on top of him at a psychiatric hospital in March.

Deutsche Bank to Delve Into Crypto Custody, Tokenization With Taurus Deutsche Bank will use Taurus’s custody and tokenization technology to manage cryptocurrencies, tokenized assets and digital assets, the companies said.

Zodia Custody Looks to Drive Institutional Access to Polkadot Ecosystem The company plans to provide custody for the Polkadot ecosystem, offering digital asset storage services for financial institutions

Banking Powerhouse HSBC Working With Crypto Custody Firm Fireblocks: Sources Fireblocks, which specializes in cryptocurrency safekeeping technologies such as multi-party computation (MPC), already works with BNY Mellon and BNP Paribas.

Crypto Custody Firm Qredo Integrates Circle’s USDC Stablecoin The new toolkit allows USDC to be the ultimate gas token on any blockchain.

Crypto Exchange EDX Markets Taps Anchorage as Custody Provider Crypto exchange EDX Markets, which is backed by Wall Street giants including Citadel Securities and Charles Schwab, tapped Anchorage Digital to provide custody for its clearinghouse business set to launch later this year.

Nomura-Backed Crypto Custody Firm Komainu Wins Operating License in Dubai The company can now offer its full range of digital asset custody services to clients in the emirate, including institutional staking and collateral management.

Russian media reports that a U.S. citizen of Russian origin was taken into custody on espionage charges.

Twitch streamer Kai Cenat taken into custody after chaotic giveaway in NYC’s Union Square Image: NBC 4On Friday, a massive gathering of people showed up at New York City’s Union Square for a giveaway hosted by two social media influencers, mega-popular Twitch streamer Kai Cenat and another streamer, Fanum. Cenat and “a few other people” have been arrested, NBC 4 reports. Cenat and Fanum have continued posting to social media, sharin…

Lawyers Say Helping Asylum Seekers in Border Custody Is Nearly Impossible The Biden administration changed the way “credible fear” interviews are conducted and raised the bar for who is eligible to seek asylum.

Nasdaq Halts Plan for Crypto Custody Service Due to U.S. Regulatory Conditions The stock market operator had said in March, that it was putting together infrastructure and regulatory approval for the custodian service.