by COINS NEWS - 1 year ago
I always see the phrase "Not your keys, not your coins" thrown around, and I was wondering if keeping my coins in a software wallet is part of that. While I do understand that having a hardware wallet is by far the most safe method of keepi...
Bitcoin News / Bitcoin.com - 1 year ago
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...
Bitcoin News / Bitcoinist - 1 year ago
Recent legal disputes involving Prime Trust, a prominent custodian, and the temporary halt of TrueUSD (TUSD) minting have shed light on the challenges custodians face, as its subsidiary Banq declares bankruptcy.
Recall that Prime Trust faced a lawsui...
Bitcoin News / Bitcoin.com - 1 year ago
Shortly after the custodian Bitgo announced its acquisition of the company Prime Trust, its payments subsidiary, a firm called Banq, filed for Chapter 11 bankruptcy protection in the United States. According to court documents, the filing reveals tha...
Cryptocoins News / The Cointelegraph - 1 year ago
Prime Trust payment subsidiary Banq files for bankruptcy, citing “unauthorized’ asset transfers to Fortress NFT Group. The payments subsidiary of crypto custodian Prim...
Cryptocoins News / Blockchain - 1 year ago
In recent updates, the TrueUSD (TUSD) team has announced that they are actively engaged in efforts to resume TUSD minting on Prime Trust. This announcement was made following an unexpected pause in TUSD minting via Prime Trust, an event that took pla...
Cryptocoins News / Finance Magnates - 1 year ago
GCEX, a
digital prime brokerage, has expanded its partnership with Hex Trust, an
institutional custodian for cryptocurrencies. The announcement follows the companies'
initial venture into staking services in April 2023.Now, their
relationship includ...
Bitcoin News / Bitcoin Magazine - 1 year ago
This is an opinion editorial by Dan Weintraub, an author and high school teacher who first became interested in Bitcoin while teaching economics.Trust is a funny thing. Generationally speaking, one could make the argument that it is the job of the yo...
More / Bitcoin Reddit - 1 year ago
I've been seeing posts to move to "Open Source" self-custody hot wallets (if not hardware cold-wallets). I've read that the open-source wallets are Electrum and Mycelium. But seems to be not so popular, especially Mycelium. Many rec...
by COINS NEWS - 1 year ago
Prime Trust is a huge Bitcoin custodian. It was just bailed out by the company that handles wBTC on ERC-20, BitGo, on fears it was insolvent. submitted by /u/pbjclimbing [link] [comments]
Cryptocoins News / The Cointelegraph - 1 year ago
The recent depeg comes as the TrueUSD team announced a pause on TUSD minting through Prime Trust until further notice. Stablecoin TrueUSD (TUSD) lost its dollar peg in...
Bitcoin News / Bitcoin.com - 1 year ago
In a recent development, Bitgo, the digital asset trust firm, disclosed that it has penned a letter of intent to acquire Prime Trust, a crypto custodian based in Nevada. Should the acquisition proceed, Prime Trust would become an integral part of Bit...
Cryptocoins News / CoinStats - 1 year ago
Trust Wallet is a popular decentralized cryptocurrency wallet that provides non-custodial crypto asset storage, granting users full control over their cryptocurrencies. Accessible through a browser extension and a mobile application, it provides a s...
More / Etherum Reddit - 1 year ago
Selling at between 55 and 60% discount and approved by SEC If you are still inclined to have funds in eth. You should do your own DD. submitted by /u/Investor-seasoned [link] [comments]
Cryptocoins News / EthereumWorldNews - 1 year ago
Crypto custodian BitGo has reached a preliminary agreement to acquire rival firm Prime Trust.& The deal, whose terms remain undisclosed, is subject to regulatory approval.& Prime Trust’s Nevada Trust Company will join BitGo’s existing global...
Cryptocoins News / The Cointelegraph - 1 year ago
Should the deal go through, Prime Trust’s infrastructure will “map over 1:1” with BitGo’s services and add another trust company and crypto IRA fund. Wallet infrastru...
Bitcoin News / Bitcoin Magazine - 1 year ago
BitGo Holdings, Inc., has announced its intention to acquire Prime Core Technologies, Inc., the parent company of Prime Trust. According to a blog posted by BitGo, the acquisition aims to bring business continuity, long-term stability and regulated,...
Bitcoin News / Bitcoinist - 1 year ago
Outspoken Dallas Mavericks owner and occasional crypto enthusiast Mark Cuban has taken to Twitter to express his concerns over the US Securities and Exchange Commission’s (SEC) handling of recent complaints against cryptocurrency exchanges, spe...
More / Bitcoin Reddit - 1 year ago
I want to get into bitcoin and I‘d like to put them on a HW, everywhere on the internet Ledger is praised but it seems this went down the drain during the past 3 weeks so what is the safest HW one could get now? submitted by /u/HopeYouA...