Crypto News Daily – July 19, 2022

Last Updated on July 19, 2022

Firm Pauses Investor Redemptions for Fund With Bitcoin, Ethereum Exposure:
https://decrypt.co/105436/scaramuccis-firm-pauses-investor-redemptions-fund-bitcoin-ethereum-exposure

Three Arrows Capital unravels as creditor list emerges:
https://cryptoslate.com/three-arrows-capital-unravels-as-creditor-list-emerges/

FEDI RAISES $4 MILLION TO SCALE BITCOIN CUSTODY WITH FEDIMINT:
https://bitcoinmagazine.com/technical/how-fedimint-scales-bitcoin-custody
A federated mint means that the required trust is split over multiple parties. It employs a consensus algorithm and threshold cryptography to guarantee both safety and availability even in the case that some parties are compromised.

Lido Finance to Cut Fees, Increase Speeds With Ethereum Layer-2 Integrations:
https://decrypt.co/105434/lido-finance-to-cut-fees-increase-speeds-with-ethereum-layer-2-integrations
Lido is a liquid staking solution for ETH backed by industry-leading staking providers. Lido lets users stake their ETH – without locking assets or maintaining infrastructure – whilst participating in on-chain activities, e.g. lending. Lido attempts to solve the problems associated with initial ETH staking – illiquidity, immovability and accessibility – making staked ETH liquid and allowing for participation with any amount of ETH to improve security of the Ethereum network.

BITCOIN SELF-CUSTODY IS NECESSARY FOR FINANCIAL SOVEREIGNTY:
https://bitcoinmagazine.com/culture/bitcoin-self-custody-and-financial-sovereignty
Read more on wallet types:
https://peterdoes.it/2021/12/17/wallets-digital-wallet/