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Tag: Prime Trust

Prime Trust and TrueUSD (TUSD) Collaborate to Resume Minting Process

Prime Trust, a leading provider of custody and escrow services for digital assets, has announced its collaboration with TrueUSD (TUSD) to resume the minting...

SEC is the Crypto Baba Yaga: A Gensler Tale of Disruption

Hello Coinigy Community,Welcome to another weekly roundup of all things crypto.Last week, the crypto industry experienced major regulatory action, courtesy of the SEC, under...

TrueUSD stops minting via Prime Trust, loses dollar peg

Stablecoin TruedUSD (TUSD) slightly lost its dollar peg in the early hours of June 10, following a pause in minting activities through its technology...

TrueUSD Halts Minting through Prime Trust and Experiences Loss of Dollar Peg

TrueUSD (TUSD) is a stablecoin that is pegged to the US dollar. It was created to provide a stable and reliable alternative to traditional...

BitGo to acquire rival crypto custodian Prime Trust

BitGo, a wallet infrastructure provider and digital asset custodian, has signed a non-binding preliminary agreement to acquire Fintech and cryptocurrency infrastructure provider Prime Trust.The...

Crypto Custodian BitGo to Acquire Prime Trust

BitGo has signed a term sheet to acquire Prime Trust, a crypto infrastructure provider that had clients including FTX, Binance.US, and Celsius. ...

How will Binance’s Struggles to Find Banking Partner in the U.S. Impact BNB

Binance.US, the popular Binance Exchange’s American branch, was experiencing significant operational challenges due to a lack of a banking partner. This...

Market Analysis Report (10 Apr 2023)

Binance.US is having trouble finding a new banking partner to enable fiat transactions for its customers in the country. The exchange lost its banking...

Binance.US unable to find bank partners in the United States: Report

The United States arm of global crypto exchange Binance has been facing challenges in establishing a new bank partner to serve as a fiat...

Top tech startup news for Thursday, February 16, 2023: Adalfi, Binance, Kern AI, Unisers, and YouTube

Good evening! Below are some of the top tech startup news stories for Thursday, February 16, 2023. Susan Wojcicki steps down as YouTube CEO Susan Wojcicki,...

Binance moved $400 million from bank account of a US partner to a firm managed by CEO Zhao via a secret access

Crypto giant Binance can’t seem to shake off the rumors and speculations surrounding the company. Early this month, Binance temporarily suspended U.S. dollar deposits...

Best Stablecoins, Rated and Reviewed for 2023

USDC 5.0The USD Coin was developed by the Centre consortium founded by Circle, a peer-to-peer payments company based in Boston, Massachusetts.Read our review USDT 4.5Tether...

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