ChainCatcher news, Bitcoin mining company Hut8 repaid approximately $38 million of its loan balance obtained from Anchorage Digital through stock conversion. Anchorage Digital converted the debt into common stock at a price of $16.395 per share.Hut8's remaining debt includes $150 million in convertible notes agreed upon with Coatue Management in June, specifically for the company's expansion into the artificial intelligence computing market.

ChainCatcher message, according to Arkham monitoring, a suspected Anchorage Digital address transferred 60 million USDC to Coinbase Prime 4 hours ago. Currently, the address still holds 39.95 million USDC.

ChainCatcher message, according to Arkham monitoring, a suspected Anchorage Digital address transferred 60 million USDC to Coinbase Prime about 6 minutes ago.

ChainCatcher news, according to Fortune, to increase adoption, PayPal announced a partnership with Anchorage Digital (the only U.S. cryptocurrency company with a banking license) to offer stablecoin rewards to Anchorage Digital's qualified investor user base, who hold PYUSD in their U.S. bank accounts, Singapore subsidiary, or through their non-custodial wallet Porto.Anchorage Digital stated that PYUSD and the rewards program do not constitute a securities issuance and are not subject to the jurisdiction of banking regulators.

ChainCatcher news, according to Spot on Chain monitoring, Paradigm Capital deposited 39,068 ETH (approximately $129 million) to the custody platform Anchorage Digital 8 hours ago.This is their largest deposit in the past 3 months. Currently, Paradigm Capital has only 8,373 ETH (approximately $27.5 million) left.

ChainCatcher message, according to Arkham monitoring, Paradigm Capital (address starting with 0x115) transferred approximately 6,221 ETH, worth about 20.31 million USD, to Anchorage Digital 5 hours ago. Currently, Paradigm still holds 47,441 ETH, worth about 155 million USD.

ChainCatcher message, according to Arkham monitoring, Paradigm Capital: 0x11...c3cD transferred 19,504 ETH to Anchorage Digital today at 8:53, approximately worth 65.59 million USD.

ChainCatcher message, according to Arkham monitoring, Paradigm Capital deposited 5,817 ETH, worth approximately $20.49 million, into the institutional-grade custody platform Anchorage Digital about 2 hours ago.

ChainCatcher news, according to Arkham data, Paradigm Capital transferred 4,535 ETH to the crypto custody platform Anchorage Digital: Custodian (0xd52) address 4 hours ago, approximately worth 16.99 million USD.

ChainCatcher news, according to Lookonchain monitoring, 2 new wallets funded by Anchorage Digital withdrew 2,236 MKR (approximately 6.28 million USD) from Binance 6 hours ago.In the past month, Anchorage Digital created 13 new wallets and withdrew 17,591 MKR (49.4 million USD) from Binance.

ChainCatcher news, according to The Information, cryptocurrency custodian Anchorage Digital announced the appointment of former Coinbase custody head Aaron Schnarch as its Chief Operating Officer, responsible for overseeing all business lines.It is reported that Anchorage Digital, headquartered in San Francisco, is one of the largest institutional cryptocurrency custodians and holds a federal banking license. Apollo Global Management and the emerging cryptocurrency exchange EDX Markets are both clients of the company. With support from Goldman Sachs, KKR, and Andreessen Horowitz, the company was valued at over $3 billion in its latest funding round in 2021.

ChainCatcher news, according to Fortune magazine, cryptocurrency custodian Anchorage Digital has announced the launch of Porto, a self-custody wallet for institutions. This wallet is directly provided by Anchorage's digital division, allowing institutions to hold and manage their own assets, rather than having assets custodied on behalf of clients, using the same underlying technology as their banks, such as biometric authentication and asset recovery. Porto supports over 200 tokens, including Bitcoin, Ethereum, Aptos, and Sui.It is reported that Anchorage Digital received approval for a national trust charter from the Office of the Comptroller of the Currency in early 2021.

ChainCatcher news, according to Scopescan monitoring, whales are accumulating a large amount of MKR and AAVE.Anchorage Digital withdrew 12,103 MKR (approximately $24.7 million) from Coinbase. 0xbb5f withdrew 50,000 AAVE (approximately $5.03 million) and 2,452 MKR (approximately $4.95 million) from Binance. 0x4a7 withdrew 39,000 AAVE (approximately $3.95 million) and 2,350 MKR (approximately $4.75 million) from Binance.

ChainCatcher news, monitored by The Data Nerd, three new wallets associated with Anchorage Digital have withdrawn 2.43 million IMX (approximately 5.88 million USD) from Binance.

ChainCatcher news, according to The Block, crypto bank Anchorage Digital has partnered with Eaglebrook Advisors and Onramp Invest to provide independent managed accounts for registered investment advisors. The new custody and trading independent managed accounts (SMA) offer custody and settlement services for registered investment advisors, with a focus on security and compliance.

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, an address marked as Anchorage Digital transferred 2.11 million IMX to Coinbase. This portion of IMX was withdrawn from Coinbase on November 25, 2022, when the price was $0.41, potentially yielding a profit of $300,000 if sold.Additionally, Anchorage Digital received 1.17 million IMX from cross-chain out of the IMX chain one month ago (on August 3), which was subsequently transferred to Coinbase.

ChainCatcher news, Bloomberg reports that EDX Markets, a cryptocurrency trading platform supported by Citadel Securities, Fidelity Investments, and Charles Schwab, is collaborating with Anchorage Digital for custody services. It is reported that the U.S. cryptocurrency custodian Anchorage Digital is headquartered in San Francisco and holds a banking license issued by the Office of the Comptroller of the Currency (OCC).EDX Markets CEO Jamil Nazarali stated that this collaboration will enable the platform to settle trades matched on its trading platform through its own clearing operations, which are planned to launch next month.

ChainCatcher news, according to Bloomberg, the digital asset market EDX Markets, supported by Citadel Securities, Fidelity Investments, and Charles Schwab, has established a custody partnership with Anchorage Digital. EDX Markets CEO Jamil Nazarali stated that the clearing business will launch next month. Additionally, the company will consider adding other custody partners outside of Anchorage Digital if requested by clients.It is reported that EDX Markets is supported by Charles Schwab, Citadel Securities, Fidelity Digital Asset, Paradigm, Sequoia Capital, and Virtu Financial, and was launched in June of this year.

ChainCatcher news, according to CoinDesk, mining machine manufacturer Bitmain and crypto platform Anchorage Digital are expected to acquire a stake in Core Scientific (CORZ) to help the mining company emerge from bankruptcy protection. This company is the second largest publicly traded Bitcoin miner in the world.According to submitted documents, Core Scientific will purchase 27,000 Bitmain Antminer S19j XP mining machines for $77.1 million, with the purchase funds including $23 million in cash and $54 million in equity funding.

ChainCatcher news, according to Bloomberg, EDX Markets, a digital asset market backed by Citadel Securities, Fidelity Investments, and Charles Schwab, is changing its custody service provider. It has ended its partnership with Paxos and is in final negotiations with Anchorage Digital for a new partnership.Anchorage Digital, based in San Francisco, is a U.S. cryptocurrency custody institution that holds a banking license issued by the Office of the Comptroller of the Currency (OCC). (Source link)