Google Flags Coruna iPhone Exploit; Morgan Stanley Plans Bitcoin Trust; a16z Seeks $2B Crypto Fund

Google researchers identified a new exploit kit named Coruna that targets older iPhone devices running iOS 13 to 17.2.1 and can access sensitive data including crypto wallet seed phrases, according to the report. Morgan Stanley is exploring a Bitcoin investment product through a proposed Morgan Stanley Bitcoin Trust, which would use Coinbase for cryptocurrency custody and BNY Mellon for additional asset custody, with the ETF holding Bitcoin in offline cold storage. Crypto infrastructure provider Zerohash applied to the U.S. Office of the Comptroller of the Currency for a National Trust Bank Charter to expand into services including digital asset custody, stablecoin management, and tokenized asset infrastructure, while continuing to serve clients such as Morgan Stanley, Stripe, and Interactive Brokers. Andreessen Horowitz (a16z) is raising around $2 billion for a new crypto-focused fund and Tether invested in AI-powered mattress and sleep technology firm Eight Sleep at a $1.5 billion valuation, according to the article.