Recent updates about the operations of cryptocurrency exchanges is the main focus in today’s edition of Bitcoin in Brief. Stories include the official opening of Coinbase Custody, a spat between Hitbtc and John McAfee, the relaunch of the BTCC exchange and Huobi’s postponement of Hadax voting.
Coinbase Custody Opens
Coinbase has announced that its new institutional offering Coinbase Custody, that last week accepted its first deposit, is now officially open for business. The service will be onboarding crypto hedge funds, exchanges and ICO projects over the coming weeks. It is a combination of cold storage, an institutional-grade broker-dealer and reporting services, and a client coverage program.