Prime Trust parent company lost $8M investing in TerraUSD
Prime Core Technologies said that “under prior management" it had lost $6 million in user funds and $2 million treasury...
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Crypto Biz: Binance Connect goes dark, Prime Trust is bust and PayPal unveils Crypto Hub
This week's Crypto Biz explores Binance Connect shutdown, BitGo's funding round, PayPal Crypto Hub, and other news.
Prime Trust bankruptcy spotted by crypto community months ahead
Months before Prime Trust filed for Chapter 11 bankruptcy, online sleuths in the crypto community were on the case and c...
Crypto custodian Prime Trust files for Chapter 11 bankruptcy
The crypto custodian's bankruptcy comes as it's been unable to honor customer withdrawals for months.
Telegram trading bots are hot, but don’t trust them for custody — Security firms
There are still too many unknowns over how various Telegram trading bots store private keys, blockchain security firms t...
Ensuring integrity of blockchain transactions: Trust through audits
Reliable auditing procedures are important for ensuring the integrity of blockchain networks.
Nevada court approves regulator’s petition to place Prime Trust into receivership, pending hearing
Prime Trust will have the opportunity to show why a petition from the Nevada Financial Institutions Division should not...
Bitcoin ETF race begins: Has institutional trust returned to crypto?
Seven institutional firms have filed for a spot Bitcoin ETF in the U.S., including the world’s largest asset manager Bla...
Fidelity renews push for spot Wise Origin BTC Trust, making it 7th applicant this year
The huge asset manager was denied approval for the Wise Origin Trust last year; now, it is joining a long line of spot f...
Nevada financial regulator petitions court to place Prime Trust into receivership
The filing suggested Prime Trust had financial liabilities to its users totaling more than $82 million in fiat and $800,...
