AnchorWatch Secures Nevada Charter License to Offer Bitcoin Custody Services
According to a report by The Block, AnchorWatch Trust Company officially launched operations this Monday, becoming a qualified Bitcoin custodian with a Nevada charter. The firm disclosed to media that the Nevada Financial Institutions Division has formally authorized it to offer custodial services. Its target clientele primarily includes trustees, listed companies, trust entities, and high-net-worth individuals requiring qualified Bitcoin custodial services. On the fee structure front, AnchorWatch employs a fixed dollar rate based on vault size, rather than a percentage of assets under custody, with a monthly custodial fee capped at $10,000. This means once a client’s monthly fee reaches this cap, additional Bitcoin purchases or gains from existing holdings will not incur extra custodial costs. Regarding key management and custody architecture, AnchorWatch provides two distinct options for institutional clients. In its flagship model, AnchorWatch Trust Company holds the core keys necessary for qualified custody, while permitting clients, trustees, or executives to hold an additional key. Under the alternative distributed custody model, key control is decentralized across multiple parties, managed jointly by AnchorWatch, U.S.-based BitGo, and Isle of Man-based CoinCorner, further mitigating the risk of single points of failure.
18 minutes ago
Crypto infrastructure firm Zerohash launches AUTH, enabling the transfer of crypto assets between linked accounts.
According to CoinDesk, crypto infrastructure firm Zerohash launched its AUTH service at the Money20/20 conference, allowing users to transfer crypto assets between linked accounts without copying wallet addresses or selecting blockchain networks. The service supports on-chain securities including cryptocurrencies, stablecoins, and tokenized equities, and can connect to exchange accounts as well as self-custody wallets. Currently, Coinbase, Robinhood, and Gemini have integrated the service, while Kraken is in the testing phase. AUTH also supports over 600 wallets, including MetaMask, Phantom, and other popular options. Users only need to select an account or wallet in an AUTH-integrated application, log in, and approve the transfer; routing and settlement are handled by AUTH.
18 minutes ago
Global funds transfer network Thunes and Coinbase announce strategic partnership.
Global money transfer network Thunes and Coinbase announced a strategic partnership aimed at integrating fiat and digital asset ecosystems to build a unified global payment infrastructure and accelerate the global adoption of stablecoins. Under the agreement, the two parties will leverage complementary strengths: Coinbase will empower Thunes’ infrastructure via its stablecoin solutions, helping Thunes embed digital assets more deeply into its global network; meanwhile, Thunes will integrate its global direct network into the Coinbase platform, providing access to local clearing systems and delivering real-time “last-mile” services to billions of mobile wallets and bank accounts worldwide. This will enable Coinbase customers to send funds to more countries and currencies, covering use cases including corporate payments, gig worker compensation, and cross-border remittances.
18 minutes ago
Bitcoin treasury stock Strive (ASST) rose 8.41% during intraday trading.
According to data from BIT (bit.com), Bitcoin treasury stock Strive (ASST) rose 8.41% intraday, currently trading at $26. Official data shows Strive has added a total of 10,463 BTC over the past four weeks, with details as follows:
- September 21–25: Bought 1,107 BTC at an average price of ~$85,396
- September 28–October 2: Bought 2,000 BTC at an average price of ~$84,422
- October 5–9: Bought 3,311 BTC at an average price of ~$84,500
- October 12–16: Bought 4,045 BTC at an average price of ~$82,803
During the same period, Strategy (formerly MicroStrategy, ticker MSTR) – the largest crypto and Bitcoin treasury company – only accumulated around 2,516 BTC. Notably, Strive’s buying pace has surged from over 1,000 BTC in late September to more than 4,000 BTC in mid-October, with its purchases in the last two weeks significantly exceeding some analysts’ quarterly expectations. As of October 16, its total holdings stand at 36,818 BTC.
18 minutes ago
Tether invests in AI computing company Tenstorrent’s $1.5 billion Series E funding round.
According to Reuters, AI computing firm Tenstorrent has closed a $1.5 billion Series E funding round, with a post-money valuation of $6.2 billion. The round was led by Trace Capital and Innovation X, with participation from both new and existing investors including Agostinelli Group, ARK Invest, Brett Barna, Cadence Ventures, Eclipse, Fidelity Management & Research Company, Maverick Silicon, Morgan Stanley, Protagonist, Sandisk, T. Rowe Price, Tether Investments, Troluce Capital, Virtu Financial, and XTX Markets. Tenstorrent will use the funds to scale deployment of its Galaxy servers, continue supporting open-weight models in large language models (LLMs) and video generation, and advance its AI and CPU IP business—licensing its proprietary chip designs to clients.
18 minutes ago
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