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Tag: Prime Trust

BitGo Expands Crypto Services with HeightZero

The crypto custodian firm BitGo has acquired HeightZero, a software platform tailored for wealth managers looking to integrate cryptocurrencies and digital assets into their clients' portfolios. While...

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How to build secure banking apps and digital wallets

Thinkers always win, don't they? Industry leaders who think strategically and plan are more likely to achieve their goals. A product that meets user...

Fortress Trust’s $15M BTC Heist Flaws Ripple’s Acquisition

Fortress Trust, a leading custodian in the crypto world, has found itself embroiled in a scandal involving a crypto heist that saw up to...

Prime Trust Bankruptcy Exposes ‘Widespread’ Self-Custody Risks, Says Anchorage Digital CEO – Decrypt

The failure of crypto custodian Prime Trust over the summer laid bare the shortcomings that come with self-custody, but the risks within the industry...

Ripple to Acquire Crypto Custodian Fortress Trust – Decrypt

Ripple announced on Friday that it intends to acquire Nevada-based Fortress Trust—a Web3-focused financial, regulatory, and technology infrastructure provider.“They’ve built an impressive business with...

Prime Trust Filing Reveals Cascade of Failures That Led To Bankruptcy Filing – Decrypt

Irresponsible spending. Misjudging summer 2022's crypto market implosion. Getting locked out of its own cryptocurrency wallet. These are some of the missteps detailed...

Sam Bankman-Fried’s life in jail, Tornado Cash’s turmoil, and a $3B BTC whale: Hodler’s Digest, Aug. 20-26

Top Stories This Week Tornado Cash co-founders charged with money laundering, sanctions violations United States officials pressed charges against the co-founders of crypto mixer...

Prime Trust Lost $8 Million Investing in TerraUSD

The parent company of crypto custodian Prime Trust disclosed that its prior management lost millions of dollars’ worth of customer funds and Treasury...

BitGo Secures $100M Funding for Custody Services

The cryptocurrency custody company BitGo has defied the odds to raise a substantial $100 million in funding at a valuation of USD $1.75 billion. The...

Cardano’s Battle: Bulls Struggle Amidst Whales and Bears’ Tug of War

ADA’s Price Rollercoaster: Bulls Grapple with Whales and Bears In a seesaw battle that mirrors the ebb and flow of the tides, Cardano’s ADA holders...

Coinbase Expands to Canada Amid Regulatory Challenges at Home

Revolutionizing the Crypto Landscape: Coinbase’s Bold Move Northward Coinbase, the pioneering cryptocurrency exchange, has officially launched its operations in Canada, unfurling its wings beyond its...

Crypto Custodian Prime Trust Navigates Chapter 11 Bankruptcy

Share this article URL Copied Prime Trust, a fintech solution for digital assets, filed for Chapter 11 bankruptcy in a Delaware court this week, according...

Prime Trust’s Bankruptcy Began in December 2021: Regulators

August 15, 2023 at 03:28 PM GST updated: August 15, 2023 at 03:29 PM ...

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