Zephyrnet Logo

Tag: Prime Trust

TrueUSD’s slip from $1 peg deepens amid broader sell-off as FDUSD thrives

TrueUSD (TUSD) deviation from its $1 peg has widened under the current red market situation.Data from CryptoSlate shows that the stablecoin dipped as low...

Top News

Paxos Pays $500K to Send $2K + Google is Coming to Web3

Hello there!So, most of us have had this experience before—you’re supposed to send a specific amount to a friend, say $20. And in a...

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...

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...

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...

FTX-Linked Crypto Custodian Prime Trust Files for Bankruptcy Protection

Prime Trust – a once-leading cryptocurrency custodian – filed for Chapter 11 bankruptcy protection in Delaware approximately two months after the Nevada Financial...

Prime Trust lays off two-thirds of staff as regulatory woes deepen

Fintech and cryptocurrency infrastructure provider Prime Trust is reportedly poised to lay off more than two thirds of its employees, two people familiar with...

Cryptocurrency Regulatory and Legislative Analysis #11

Cryptocurrency Regulatory and Legislative Analysis #11July 5, 2023Demetrios TseasRegulatory and Legislative Analysis – GLOBALBasel Committee on Banking Supervision publishes guidelines for cryptoassets treatment The...

Global Newsletter: SardineX – There’s strength in numbers when fighting fraud

It seems everyone is jumping on the real-time fraud protection bandwagon.  Less than a week ago, we highlighted news that Plaid was taking a network approach...

Nevada asks for Prime Trust to be put in receivership, reports $82M deficit

What is CryptoSlate Alpha?A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more ›Connected to AlphaWelcome! 👋 You are connected...

Are you seeing this too?

Hello there!Everyone at Coinigy is excited 😁Want to know why?Just log in to your Coinigy dashboard and take a look at Bitcoin’s price.Bitcoin is...

Crypto && Coffee 137

Crypto && Coffee 137June 14, 2023CipherTrace EngineeringTechnology Recap:BitcoinThe term "Bitcoin" can either refer to Bitcoin the network, ... More:Blockstream announces that the VLS (Validating Lightning...

TrueUSD (TUSD) Strives to Resume Minting with Prime Trust

In recent updates, the TrueUSD (TUSD) team has announced that they are actively engaged in efforts to resume TUSD minting on Prime Trust. This...

Latest Intelligence

spot_img
spot_img