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New Zealand-based Crypto Exchange Goes Bust Leaving Customers Stranded
New Zealand-based crypto exchange Dasset has gone into liquidation, denying customers access to their funds. Crypto custodian Prime Trust has also filed for bankruptcy. The post New Zealand-based Crypto Exchange Goes Bust Leaving Customers Stranded appeared first on BeInCrypto. дальше »
2023-8-15 16:30 | |
Prime Trust files for bankruptcy
Cryptocurrency custodian fintech Prime Trust has filed for bankruptcy under Chapter 11 in the US. The company filed a voluntary petition for bankruptcy in the Eighth Judicial District Court of Nevada. дальше »
2023-8-15 16:30 | |
Las Vegas-based crypto custodian Prime Trust files for bankruptcy
In June, the Nevada regulator announced its plan to take over the firm, alleging Prime Trust was nearly insolvent. The firm will continue to function as "debtors-in-possession" under the jurisThe post Las Vegas-based crypto custodian Prime Trust files for bankruptcy appeared first on AMBCrypto. дальше »
2023-8-15 12:00 | |
Up to $500M in liabilities as crypto custodian Prime Trust files Chapter 11 bankruptcy
Prime Trust, LLC, a prominent player in digital asset custody, has filed voluntary petitions for Chapter 11 bankruptcy. According to a report released by the company on Aug. 14, the proceedings are expected to provide a “transparent and value-maximizing process for the benefit of its clients and stakeholders. дальше »
2023-8-15 11:49 | |
Fed faces challenge as surging PPI at 0.3% surpasses predictions
Quick Take Recent financial data suggests a growing concern for the Fed as key inflation indicators show unfavorable trends. The Producer Price Index (PPI) — a prime measure of inflation — exhibited an unexpected increase for the first time in three months. дальше »
2023-8-11 16:30 | |
Amazon Dishing Out Free NFTs To Over 200 Million Prime Subscribers
The over 200 million Amazon Prime subscribers can now claim free in-game non-fungible tokens (NFTs) from popular blockchain games like Mojo Melee and Blankos Block Party (BBP). As of August 9, reports indicate that Amazon has chosen Prime Gaming as the preferred portal to distribute NFTs, a massive endorsement of the technology and blockchain games whose activities […] дальше »
2023-8-10 10:30 | |
Amazon Partners with Mojo Melee to Offer Free NFTs to Prime Subscribers
Amazon Prime members get exclusive NFT rewards in partnership with Mojo Melee, an NFT game on Ethereum's Polygon. Enjoy instant access to unique NFTs! The post Amazon Partners with Mojo Melee to Offer Free NFTs to Prime Subscribers appeared first on NFT News Today. дальше »
2023-8-3 04:46 | |
Prime Trust Officially Broke, InQubeta Investors Expecting Superior Yields And Profits After QUBE Launch
In the ever-volatile and rapidly evolving world of cryptocurrencies, fortunes can shift overnight. As Prime Trust, a renowned crypto custodian, finds itself on shaky ground, investors in the promising AI-focused InQubeta (QUBE) project are anticipating superior yields and profits following the official launch of the QUBE token. дальше »
2023-7-27 15:59 | |
Japan’s prime minister hints at improving the web3 space
Japan’s prime minister Fumio Kishida participated in the crypto conference WebX to share his enthusiasm for the decentralized ecosystem and web3. According to the CoinPost report, Kishida spoke on his administration’s strategies. He opined that web3 is part of the… дальше »
2023-7-25 13:51 | |
Web3 part of a ‘new capitalism’ says Japan PM Kishida
In a move demonstrating Japan’s commitment to Web3, Japanese Prime Minister Fumio Kishida stated the government is actively working to enhance and promote Web3, aligning with his administration’s larger vision of a “new capitalism. дальше »
2023-7-25 11:47 | |
Prime Trust placed in receivership amid insolvency risks
Prime Trust has been placed in receivership following a Nevada court approval of a petition against it. The crypto custody firm owes clients millions of dollars in fiat and crypto. Prime Trust, a once-bubbling digital assets custody firm, has officially… дальше »
2023-7-19 13:57 | |
Nevada court orders Prime Trust into temporary receivership
Nevada courts have ordered Prime Trust, a prominent crypto custodian now facing financial troubles, into temporary receivership on July 18, officials confirmed. The Eighth Judicial District Court of Nevada has approved a petition from the Nevada Financial Institutions Division (NFID) that will place Prime Trust into temporary receivership. дальше »
2023-7-19 01:55 | |
Prime Trust Put Into Receivership Amid Shortfall in Funds, Charges It Misused Customer Money
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 receivership after the state ordered the custodian to cease all activities amid a shortfall of customer funds. дальше »
2023-7-19 00:14 | |
Nevada judge approves Prime Trust’s receivership application
As invezz. com reported last month, the Nevada Financial Institutions Division (NFID) filed a petition to place the troubled cryptocurrency custodian firm Prime Trust under state receivership. That followed reports of the company lacking funds after losing access to some customer wallets. дальше »
2023-7-20 23:52 | |
Logan Paul’s energy drink faces regulatory scrutiny in US
Prime, the drinks brand co-founded by YouTube stars Logan Paul and KSI, is currently under fire in the US due to concerns surrounding the elevated levels of caffeine in its energy drink. дальше »
2023-7-10 13:48 | |
Solana's impressive run-up could come to an end soon because of...
SOL was prime for sell pressure now that it was overbought. SOL broke through long-term descending support. The last three weeks have been quite favorable to SOL holders considering the bullThe post Solana's impressive run-up could come to an end soon because of... appeared first on AMBCrypto. дальше »
2023-7-9 08:30 | |
First Mover Asia: Bitcoin Near $30K Remains Unmoved by BlackRock CEO Comments, Hawkish FOMC Minutes
PLUS: A candidate to become Thailand's next Prime Minister owns bitcoin, ether, BNB and ADA. Here's why the disclosure by Pita Limjaroenrat matters. дальше »
2023-7-6 03:29 | |
Bankrupt Prime Trust Blocked From Accessing $45 Million Worth Of Digital Assets
A legacy cryptocurrency wallet associated with Prime Trust has been blocked, and the team cannot access assets worth roughly $45 million, Arkham Intelligence data on June 28 shows. As per the report, most of the assets consist of Ethereum, valued at over $44 million at current rates. дальше »
2023-6-29 04:00 | |
WebX Conference welcomes distinguished guests: Japan PM, Yuga Labs CEO, Kabosu (Doge), Desdemona (AI Robot)
WebX, Asia's leading Web3 conference (July 25-26), is thrilled to announce the participation of more esteemed guests at this year's event: Japan prime minister Fumio Kishida, Yuga Labs CEO Daniel AlegThe post WebX Conference welcomes distinguished guests: Japan PM, Yuga Labs CEO, Kabosu (Doge), Desdemona (AI Robot) appeared first on AMBCrypto. дальше »
2023-6-28 16:15 | |
Nevada’s FID places embattled crypto company Prime Trust in receivership
Nevada’s Financial Institutions Division took over the troubled cryptocurrency company Prime Trust. That came as the latter stared at a substantial deficit, alleging that it lost access to various cryptocurrency wallets in 2021. дальше »
2023-6-29 13:17 | |
Nevada asks for Prime Trust to be put in receivership, reports $82M deficit
Regulators in Nevada filed a court petition to place Prime Trust LLC in receivership, according to an official press release on June 27. The Nevada Financial Institutions Division (NFID) said that it had asked courts to appoint a receiver to take control of Prime Trust’s daily operations. дальше »
2023-6-28 00:29 | |
Crypto custodian Prime Trust has deficiency of over $82 million in fiat currency
Nevada's financial regulator moved to court to appoint a receiver for Prime Trust The crypto custodian has serious deficiencies in funds in terms of its fiat holdings Crypto custodian - PrimThe post Crypto custodian Prime Trust has deficiency of over $82 million in fiat currency appeared first on AMBCrypto. дальше »
2023-6-27 22:00 | |
London: The World’s Capital for Foreign Exchange Adds Cryptocurrencies to Its Ledger
Already a global hub for finance, the No. 3 spot in CoinDesk’s Crypto Hubs 2023 has a healthy grassroots crypto adoption rate and a prime minister eager to attract the digital asset industry. дальше »
2023-6-27 14:39 | |
TUSD stays unbothered despite these ongoing troubles around...
TUSD announced non-exposure to Prime Trust amidst insolvency concerns. TUSD netflow maintains regular activity as users show concerns. True USD [TUSD] emerged as a prominent player in the crThe post TUSD stays unbothered despite these ongoing troubles around... appeared first on AMBCrypto. дальше »
2023-6-24 09:30 | |
SEC Temporarily Waives $30M Fine, Demands BlockFi Pays Investors
The United States Securities and Exchange Commission (SEC) has offered relief to US-based digital asset lender BlockFi by relinquishing their $30 million fine until investors are reimbursed. Related Reading: Nevada Regulators Order Prime Trust To Shut Down Operations – Here’s Why BlockFi Receives Temporary Relief On $30 Million Penalty According to a court document filed […] дальше »
2023-6-24 01:00 | |
Nevada Regulators Order Prime Trust To Shut Down Operations – Here’s Why
A leading Nevada-based digital assets custodian, Prime Trust, received a cease and desist order from state regulators on Thursday, June 22. This happened after the crypto custodian failed to satisfy customer withdrawal requests on June 21. дальше »
2023-6-23 18:00 | |
TrueUSD maintains it has no exposure to Prime Trust despite community claims
TrueUSD (TUSD) stated in a June 22 Twitter post that it is not affected by the issues faced by crypto custodial firm Prime Trust. Prime Trust was forced to suspend all deposits of fiat and digital assets by Nevada financial regulators on June 21 because it failed to safeguard assets under its custody and could […] The post TrueUSD maintains it has no exposure to Prime Trust despite community claims appeared first on CryptoSlate. дальше »
2023-6-23 13:27 | |
Prime Trust Suspends Stably Withdrawals as BitGo Pulls Out of Acquisition Deal
The move comes at the same time as digital asset trust and security company BitGo announced its decision to terminate its acquisition of Prime Trust. The post Prime Trust Suspends Stably Withdrawals as BitGo Pulls Out of Acquisition Deal appeared first on BeInCrypto. дальше »
2023-6-23 06:38 | |
Prime Trust cannot fulfill withdrawals, must stop accepting funds: Nevada C&D order
Financial regulators in Nevada issued a cease and desist order against Prime Trust on June 21 after monitoring the company for solvency. In an email to CryptoSlate, the Nevada Financial Institutions Division (NFID) said it monitored the solvency of Prime Trust prior to a possible acquisition or merger. дальше »
2023-6-23 02:41 | |