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Nalezeno "Trust": 1556

Prime Trust Has 'Shortfall of Customer Funds,' Nevada Regulator Says

22.6.2023
Crypto custody firm Prime Trust has "a shortfall in customer funds" and was unable to meet all withdrawal requests this month, the Nevada Department of Business and Industry said Thursday

TrueUSD assures users it has no exposure to troubled Prime Trust

22.6.2023
Stablecoin issuer TrueUSD maintains that it is not affected by the current challenges facing Prime Trust

TrueUSD Says TUSD Stablecoin Has ‘No Exposure’ to Embattled Prime Trust

22.6.2023
Stablecoin project TrueUSD said Thursday it had “no exposure” to embattled crypto services company Prime Trust as it raced to shore up confidence in its dollar-backed TUSD

Bitgo Abandons Acquisition of Prime Trust Amidst Nevada-Based Custodian’s Ongoing Uncertainty

22.6.2023
On June 22, 2023, Bitgo, a digital assets firm and crypto custodian, declared the termination of its planned acquisition of custodian Prime Trust. The company cited a “considerable effort” in attempting to chart a course for Prime Trust’s future. Bitgo Cancels Prime Trust Acquisition...

BitGo terminates acquisition of Prime Trust

22.6.2023
The acquisition was called off two weeks after BitGo publicly disclosed its non-binding letter of intent to acquire Prime Trust

Crypto Custody Firm BitGo Cancels Acquisition of Rival Prime Trust

22.6.2023
Prime Trust has been losing clients and deposits to competitors for weeks amid mounting concerns over its business, a source at one former client told CoinDesk

Custodia Bank Founder Caitlin Long: ‘The Fed Thinks Only Large Incumbents Should Service Crypto’

22.6.2023
Caitlin Long, the founder of Custodia Bank, has railed against the favoritism that the Federal Reserve and the institutions of the U.S. financial system are supposedly showing to incumbents. According to Long, regulators have applied double standards when permitting established financial...

GBTC Share Price Soars, Discount Narrows to Multi-Month Low on BlackRock ETF Filing Optimism

20.6.2023
Investors turned optimistic about Grayscale allowing redemptions in the future after BlackRock’s filing for spot bitcoin ETF last week, one analyst said

TUSD Supply Skyrockets With 1 Billion Injection Amidst Decline in Stablecoins

20.6.2023
Despite the decline in stablecoins due to substantial redemptions, particularly from projects like USDC, DAI, and BUSD, the project TUSD has experienced a notable surge in its supply. TUSD has added more than a billion dollars’ worth of tokens to its existing supply. As of the present moment...

Proof of Talk 2023: Restoring Trust in the Web3 Industry

20.6.2023
PRESS RELEASE. Paris, June 19th 2023 – Over 1,500+ attendees, VCs, founders, start-ups, industry leaders, students, developers coming from Asia, Europe and the US gathered in Paris for the Proof of Talk Summit. In a rapidly evolving and challenging crypto landscape, they discussed the pressing...

Grayscale Bitcoin Trust nears 2023 highs on BlackRock ETF filing as buyers step up

18.6.2023
Institutional buying interest in GBTC accompanies hopes that BlackRock will secure the first U.S. Bitcoin spot ETF

Blackrock Files for Bitcoin Trust — Analyst Calls It a ‘Real Deal’ Spot Bitcoin ETF Filing

17.6.2023
Blackrock, the world’s largest asset manager, has filed to register a bitcoin trust that some believe is actually a spot bitcoin exchange-traded fund (ETF) in disguise. Blackrock is seeking to launch a bitcoin product despite the U.S. Securities and Exchange Commission’s (SEC) efforts...

BlackRock’s Spot Bitcoin ETF Not The Same As Grayscale’s Product, Experts Say

16.6.2023
Exchange Traded Fund (ETF) terminology can sometimes be tricky, and fund management giant BlackRock’s application for a spot Bitcoin ETF has raised some questions

GBTC Discount Narrows After BlackRock’s Filing for Spot Bitcoin ETF

16.6.2023
Fund manager Grayscale is currently in a legal standoff with the SEC after the agency denied an application to convert the Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund

BlackRock's Bitcoin ETF ‘is the best thing to happen' to BTC, or is it?

16.6.2023
Galaxy Digital CEO Mike Novogratz was among those over the moon with the news, others warn it could be the start of a major institutional takeover

Best Crypto to Buy Now 15 June – Trust Wallet, Uniswap, Casper

15.6.2023
A slight deviation in Tether's (USDT) stablecoin earlier today has caught the attention of cryptocurrency traders. The move occurred within Curve's 3Pool decentralized finance ecosystem, which holds significant liquidity and three primary stablecoins: USDT, USDC, and DAI. In light of this...

Custodian Prime Trust’s Payments Subsidiary Banq Files for Chapter 11 Bankruptcy Protection

15.6.2023
Shortly after the custodian Bitgo announced its acquisition of the company Prime Trust, its payments subsidiary, a firm called Banq, filed for Chapter 11 bankruptcy protection in the United States. According to court documents, the filing reveals that Banq listed approximately $17.725 million...