Tag: Prime
Crypto Custodian Prime Trust Warns It May Lay Off 62 Employees, Nevada Records Show
Prime Trust filed for bankruptcy in August, roughly two months after Nevada regulators alleged the company was unable to meet its customers' withdrawa [...]
Prime Broker Hidden Road Joins Komainu Connect Custody Program
Hidden Road is the first prime broker to join the ecosystem, and clients can now leverage digital assets in collateralization scenarios while their as [...]
Theresa May: Portrait of former prime minister unveiled
The picture of the UK's second female prime minister was painted by portrait artist Saied Dai.
www.bbc.co.uk [...]
Prime Trust Lost $8M in Doomed Terra Stablecoin Investment, CEO Says
A separate 2021 wallet bungle by the crypto custodian, taken into receivership in July, cost it $76 million, the CEO said in a court filing.
www.coin [...]
Prime Trust parent company lost $8M investing in TerraUSD
The parent company of crypto custodian Prime Trust, currently involved in Chapter 11 bankruptcy proceedings, has reported losing roughly $8 million in [...]
Thailand’s New Pro-Crypto Prime Minister Was an Active Crypto Investor
The resolution of political drama and appointment of Srettha Thavisin as Thailand’s next Prime Minister means a 10,000 THB ‘airdrop’ is likely happeni [...]
Stock Indices Steady as PBOC Reduces its 1-Year Loan Prime Rate to a Record Low
Article by IG Senior Market Analyst Axel RudolphFTSE 100, CAC 40, Nasdaq 100 Charts and AnalysisFTSE 100 stabilises at supportFollowing six conse [...]
Binance Connect goes dark, Prime Trust is bust and PayPal unveils Crypto Hub
It’s been another week of mixed developments in the crypto industry, with established players winding down operations while newcomers introduce new cr [...]
BitGo Raises $100M After Scrapping Prime Trust Deal: Bloomberg
The raises comes nearly two months after BitGo ended its plan to buy beleaguered rival Prime Trust.
www.coindesk.com [...]
Prime Trust bankruptcy spotted by crypto community months ahead
Crypto custodian Prime Trust filed for Chapter 11 bankruptcy in the United States state of Delaware on Aug. 14 after reporting shortfalls in customer [...]
Crypto custodian Prime Trust files for Chapter 11 bankruptcy
Crypto custodian Prime Trust has filed for Chapter 11 Bankruptcy in Delaware after it faced a shortfall in customer funds.The company said in an Aug.1 [...]
Prime Trust, Which BitGo Had Planned to Buy, Looks Poised for Potentially Massive Layoffs, Sources Say
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Nevada court approves regulator’s petition to place Prime Trust into receivership, pending hearing
The Eighth Judicial District Court of Nevada has granted a petition from the state’s Financial Institutions Division (NFID) placing crypto custodian P [...]
Prime Trust Put Into Receivership Amid Shortfall in Funds, Charges It Used Customer Money to Buy Crypto
Crypto custodian Prime Trust has been ordered by the Eighth Judicial District Court of Nevada, where the company has its headquarters, to be put into [...]
Logan Paul, KSI Prime energy drink targeted by Schumer
Logan Paul and KSI pose with Prime hydration bottles prior to a regular season game between the Arizona Diamondbacks and Los Angeles Dodgers on March [...]