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Sui expands custody with Copper to attract institutional finance

Sui Network has announced a strategic partnership with Copper, marking a significant expansion in its custody services aimed at enhancing security and accessibility for digital asset investors.

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Sui Network has announced a strategic partnership with Copper, marking a significant expansion in its custody services aimed at enhancing security and accessibility for digital asset investors.

Under the new collaboration, Sui Network will leverage Copper’s advanced custody solutions to bolster the security of its cryptocurrency holdings. Copper, renowned for its institutional-grade custody infrastructure, offers robust security protocols that protect against cyber threats and ensure the safe storage of digital assets.

The partnership with Copper underscores Sui Network’s commitment to providing secure and reliable custody solutions amidst the growing demand for institutional-grade services in the digital asset ecosystem. By integrating Copper’s technology, Sui Network aims to offer its clients enhanced peace of mind and confidence in the safety of their investments.

Copper’s custody services are designed to meet the stringent security requirements of institutional investors, including insurance coverage, multi-signature protection, and offline storage capabilities. These features provide added layers of protection against theft, fraud, and operational risks associated with managing large-scale cryptocurrency portfolios.

As part of the partnership, Sui Network and Copper will collaborate closely to streamline integration processes and optimize operational efficiencies. This collaborative effort is expected to further strengthen Sui Network’s position in the market by providing scalable and secure custody solutions tailored to meet the evolving needs of institutional and retail investors alike.

The expansion of custody services through the partnership with Copper underscores Sui Network’s strategic vision to enhance accessibility and security within the digital asset landscape. By leveraging Copper’s expertise and technology, Sui Network aims to set new standards for custody excellence while advancing its mission to empower investors with reliable and secure cryptocurrency storage solutions.

Moving forward, stakeholders in the digital asset industry will monitor the implementation and impact of Sui Network’s enhanced custody services powered by Copper’s robust infrastructure. The partnership signifies a significant step towards fostering trust and confidence in the broader adoption of cryptocurrencies among institutional investors and the wider financial ecosystem.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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