Copper

21:00-7:00 Keywords: MakerDAO, Copper, \”Survival of the Jedi,\” SEC of the United States
Overnight updates on April 21st at a glance
I. Introduction A. Explanation of 21:00-7:00

According to reports, Copper, a crypto hosting company, said that in the difficult market environment affecting the crypto industry, the company has streamlined its business and faced layoffs of up to 15% of its employees. Interpretation of this information: The recent announcement from Copper about laying off up to 15% of its employees due to the challenging market conditions in the crypto industry paints a clear picture of how the economic landscape is changing for many companies. Copper, a crypto hosting company that claims to offer secure and reliable storage…

According to reports, State Street Bank said it had ended its partnership with Copper, a cryptocurrency custodian company. A spokesman for State Street Bank said in an email that the two banks had jointly decided to terminate the license agreement. State Street Bank will continue to work on “providing multiple solutions for token based securities and native tokens”, adding that “the regulatory environment for digital assets has been evolving, and the requirements for providing services for this asset class are also changing.” Earlier on Thursday, Copper announced that it will…

It is reported that Copper, a British encryption and hosting company, will close its software and infrastructure development department to focus on the Clear Loop hosting and settlement business. Copper’s corporate division focuses on providing digital asset custody and infrastructure solutions for banks and funds. Sources say layoffs have begun, but it is too early to say how many people will be affected. Interpretation of this information: The news of Copper closing its software and infrastructure development department has caught many people off-guard. The decision to shift focus to the…

On February 17, it was reported that the encryption exchange Gate.io was cooperating with the digital asset custody company Copper to fully integrate its ClearLoop solution. This will allow users to execute transactions quickly while maintaining independent custody of their funds. （The Block） Interpretation of this information: The report from February 17 revealed that Gate.io, an encryption exchange, had entered into a partnership with Copper, a digital asset custody company, to fully integrate its ClearLoop solution. This integration will allow users to execute transactions quickly while maintaining independent custody of…