Search

Nalezeno "trust": 2201

Volatility Shares Trust aims for listing of leveraged Bitcoin futures ETF

23.6.2023
The debut of shares for the Bitcoin investment vehicle is potentially set for June 27, but the U.S. SEC has a pattern of denying many crypto-linked ETF applications

Deal Cancelled: BitGo Pulls Out of Prime Trust Acquisition and Users Report Withdrawal Issues

23.6.2023
BitGo, the American crypto custodian platform, has made the decision to cancel the acquisition of Prime Trust. Following this announcement, Prime Trust has taken measures to suspend withdrawals. The cancellation of the deal comes just two weeks after BitGo signed a non-binding letter of intent...

Securing Web3 With Zero Trust: Empowering Data, Smart Contracts, and AI on the Blockchain With Mind Network

23.6.2023
In the rapidly evolving world of Web3, where data security and privacy are paramount, innovative solutions are needed to protect sensitive information and establish trust within the decentralized ecosystem. This sponsored article delves into the concept of Zero Trust and explores how it serves...

Crypto Firms Face Turmoil as Prime Trust Fallout Causes Service Disruptions and Concerns

23.6.2023
After the Bitgo acquisition deal to purchase Prime Trust fell through, it seems that crypto firms that have worked with the custodian are experiencing problems. On Thursday, Seattle-based fintech startup Stably announced the need to “temporarily pause” certain services and operations....

Prime Trust's financials 'considerably deteriorated,' says Nevada regulator

23.6.2023
Nevada's business regulator issued a cease and desist order to the crypto custodian alleging it has a "shortfall of customer funds."

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...