Bitcoin Network Integrity - The Bitcoin network faces a battle between custody and self-custody, where individuals holding their own keys and running nodes are crucial for preserving its integrity [1] - Centralized custodial structures, exemplified by entities like BlackRock and $MSTR, concentrate Bitcoin, potentially leading to the creation of paper Bitcoin and price manipulation [1] - Self-custody offers users the ability to opt out of traditional banking systems, providing protection from confiscation, censorship, and systemic risks associated with centralized finance [2] - Individual choices regarding Bitcoin ownership impact the network's integrity, either strengthening it or enabling institutions to build paper claims on top of it [2] User Awareness - Many individuals are unaware of the implications of their choices within the Bitcoin network [3]

Security Risks in Cryptocurrency - Industry emphasizes "not your keys, not your coins" principle, but validators can collude against users on 99% of chains [1] - 99% of coins can be frozen [1] - Coins can be traced if ownership is known [1]

Bitcoin Holdings & Custody - Strategy has been diversifying custodians away from Coinbase [1] - Strategy has moved 58,390 Bitcoin (approximately $51 billion) to Fidelity Custody over the past 2 months [1] - Fidelity Custody uses an omnibus system, mixing clients' assets, including some of Strategy's BTC [1] Tracking & Total Holdings - Arkham tracks approximately 92% of Strategy's Bitcoin, including BTC deposited to Fidelity Custody [2] - In total, Strategy holds 641,692 BTC (approximately $5614 billion) [2] - 165,709 BTC (approximately $1450 billion) has been sent to Fidelity Custody [2]

Partnerships - VerifiedX 使用 FalconX 的托管和场外交易 (OTC) 服务 [1] Assets Under Management - VerifiedX 支持 15 亿美元的资产 [1]

Crypto Asset Movement - Amber Group-linked wallet accumulated 141 million $UNI ($11 million) in 3 days [1] - 139 million $UNI ($1098 million) deposited into Coinbase Prime, likely for custody [1]

Partnerships & Services - Kalshi 选择 Coinbase Custody 来保护其基于事件合约的 USDC，确保交易和结算过程中用户资金的安全处理 [1] - 作为受监管的事件合约平台，Kalshi 将依赖 Coinbase 的托管和流动性支持，以确保 USDC 的合规使用和可靠结算 [1] Cryptocurrency & Custody - Coinbase Custody 将为 Kalshi 提供的 USDC 提供安全保障 [1]

Investment & Development - Ripple is investing $4 billion to expand its services [1] - The investment aims to build prime brokerage, custody, and treasury tools [1] - Ripple is pushing for a stablecoin to bridge crypto with Wall Street [1]

Strategic Acquisition - Ripple acquires Palisade to enhance institutional custody capabilities [1] - The acquisition signifies Ripple's expansion into the digital asset wallet and custody space [1]

Market Overview - The market experienced a significant collapse last week [1] Security & Custody - Security and custody are crucial for Altcoins and Bitcoin [1] - A system secures $11 billion in BTC [1]

OKX Rubix Overview - OKX Rubix is a Digital Assets-as-a-Service platform for institutions [1] - It offers a modular, interoperable, and plug & play solution [3] Key Features - Provides regulated market access, liquidity, and execution [3] - Integrates custody, settlement, and controls within a single framework [3] Value Proposition - Aims to provide a seamless client experience through regulated infrastructure [2]