copper

Finance

Exclusive

Copper to Lay Off Up to 15% of Staff, Focus on Crypto Custody, Settlement

The process is just getting under way and the company, which employs about 300, said it cannot put an exact number on job losses.

By Ian AllisonWill Canny

Sponsored

Mar 22, 2023 at 10:30 a.m. UTC

Mar 22, 2023

Exclusive CustodyCopperJobsLayoffs

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Finance

State street

Banking Giant State Street Cuts Ties With Crypto Custody Firm Copper

State Street and Copper have mutually decided to end their licensing agreement, a spokesman for the bank said.

By Ian Allison

Sponsored

Mar 16, 2023 at 6:46 p.m. UTC

Mar 16, 2023

State StreetCopperExclusive

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Finance

Copper

Crypto Custody Firm Copper Shelves Enterprise Business: Source

Focusing on Copper’s Clear Loop custody and settlement business made more economic sense going forward.

By Ian Allison

Sponsored

Mar 16, 2023 at 3:25 p.m. UTC

Mar 16, 2023

CopperExclusive Custody Services

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Business

Copper

Crypto Custody Firm Copper Alerted to Security ‘Incident’ Over Christmas

Copper said some “concerning behavior” had been detected, and that a “machine-generated alert had been triggered.”

By Ian AllisonWill Canny

Sponsored

Feb 1, 2023 at 9:55 p.m. UTC

Feb 1, 2023

CopperCustodyHackGitHub

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Policy

Copper

Ex-UK Chancellor Philip Hammond Urges Accelerated Efforts to Become Crypto Hub: FT

Hammond, chair of custody company Copper, said the U.K. is falling behind neighboring countries and needs to accept "measured risk."

By Jamie Crawley

Sponsored

Jan 26, 2023 at 9:42 a.m. UTC

Jan 26, 2023

CopperU.KCustodians

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Business

Bitmart

Crypto Exchange BitMart to Join Custodian Copper’s ClearLoop Network

Institutional clients will be able to trade on the BitMart exchange while their digital assets remain safeguarded in Copper’s custody.

By Will Canny

Sponsored

Jan 19, 2023 at 11:04 a.m. UTC

Jan 19, 2023

bitmartCrypto CustodyExclusive Copper

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Markets

Cryptocurrencies

Crypto Markets Analysis: Bitcoin’s Improving Health May Be Thanks to 'Dr. Copper'

Correlations between bitcoin and rising copper prices reached seven-month highs.

By Glenn Williams

Sponsored

Jan 18, 2023 at 8:46 p.m. UTC

Jan 18, 2023

cryptocurrenciesBitcoinMarketsTechnical Analysison-chain analyticsCDI DataVolatilityfear and greed indexCopper

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Business

Copper

Crypto Custody Firm Copper Inks $500M Insurance Deal With UK Giant Aon

The deal provides cover for employee collusion, third-party theft and physical loss of or damage to digital assets held by the London-based company.

By Will Canny

Sponsored

Nov 9, 2022 at 7:00 a.m. UTC

Nov 9, 2022

CopperCustody ServicesInsuranceAon

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Business

Fundraising

Crypto Custodian Copper Raises $196M in Series C Funding Round

The company also reported a loss of $16 million last year, up from $4.1 million in 2020.

By Nelson Wang

Sponsored

Oct 12, 2022 at 7:53 p.m. UTC

Oct 12, 2022

FundraisingUnited KingdomCustodianCopper

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Business

Crypto

Crypto Custody Firm Copper Appoints Tim Neill as Chief Risk Officer

Neill, who has 20 years of experience in operations and risk management, previously worked at Mastercard.

By Will Canny

Sponsored

Sep 5, 2022 at 12:41 p.m. UTC

Sep 5, 2022

CryptoRisk ManagementCopperHires

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