Crypto bank Juno has announced Zero Hash will serve as its new custodian. Juno had previously advised clients to self-custody or sell their crypto amid reports of turmoil at Wyre, its former custodian. LizKNapolitano reports
advising clients to self-custody or sell their own crypto amid reports of its former custodian Wyre's turmoil.
Wyre announced it will scale back its services earlier this week. However, Wyre's leadership told employees it would liquidate and terminate its offerings in January, according to an Axios report. The potential shutdown follows staffing cuts at the company earlier this year. Zero Hash's other custodial clients include MoonPay, Nium, Current, Moneylion and Sardine, according to the blog post.
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