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Total supply of stablecoins at two-year low amid capital exodus
The exodus of capital out of the cryptocurrency space over the past two years can be well summed up by examining the stablecoin market. Given stablecoins’ central role in liquidity across the ecosystem, being the prime avenue through which investors enter and exit cryptocurrencies, the dropoff in the total supply speaks volumes. дальше »
2023-9-15 16:45 | |
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Coinbase объявила о запуске Web3-кошелька
Криптобиржа Coinbase запустила Web3-кошелек, интегрированный в платформу Coinbase Prime, пишет РБК Крипто. Пользователи получили возможность хранить активы из поддерживаемых сетей, пока еще не доступных на Prime Custody, взаимодействовать с децентрализованными приложениями и смарт-контрактами, а также торговать невзаимозаменяемыми токенами (NFT), уточнили в компании. дальше »
2023-9-13 19:52 | |
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FTX’s Bankruptcy Reveals $7 Billion in Assets Including Properties in Bahamas Worth $200 Million
FTX, once a titan in the cryptocurrency exchange landscape, declared bankruptcy in November 2022. Court documents reveal that the company has assets totaling $7 billion, including 38 prime properties in the Bahamas valued at $200 million. дальше »
2023-9-11 18:26 | |
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Coinbase launches institutional lending service
Coinbase is in the process of creating an institutional lending service, according to regulatory filings and statements from the company. A Coinbase spokesperson told CryptoSlate on Sept. 5: “Coinbase is launching a digital asset lending program for its institutional Prime clients. дальше »
2023-9-6 01:30 | |
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BALD Meme Coin Suffers Staggering 96% Volume Loss, Borroe Pegged as 2023’s Prime Investment for Crypto Whales
As the BALD meme coin reels from a shocking 96% drop in trading volume, Borroe ($ROE) is capturing the spotlight as one of the best cryptos to buy now. Projected to be 2023’s top investment for savvy crypto enthusiasts, Borroe and its $ROE token offer a contrasting narrative to BALD’s decline. In this article, we’ll […] дальше »
2023-9-5 18:53 | |
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Free Gaming NFTs Now Included in Amazon Prime’s Monthly Package
Amazon Prime introduces free gaming NFTs to its service. This addition aims to enhance subscriber benefits and fits into Amazon's larger gaming approach. The post Free Gaming NFTs Now Included in Amazon Prime’s Monthly Package appeared first on NFT News Today. дальше »
2023-9-1 03:59 | |
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Mystic Moose Rolls Out Planet Mojo Marketplace Just in Time for Fall
Mystic Moose introduces the Planet Mojo Marketplace for secure NFT trading, and deepens its partnership with Amazon Prime Gaming. The post Mystic Moose Rolls Out Planet Mojo Marketplace Just in Time for Fall appeared first on NFT News Today. дальше »
2023-9-1 21:18 | |
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Shiba Inu’s Tweaked Shibarium Network Is Now Live And ‘Ready For Prime Time’
The team behind Shibarium, an Ethereum layer-2 network, has indicated that the platform has been reopened and is “ready for primetime” after implementing a new monitoring system and other features designed to help it cope with high traffic levels. дальше »
2023-8-28 16:12 | |
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Indian Prime Minister Strengthens Calls for Global Crypto Framework Ahead of G20
Indian Prime Minster Narendra Modi has reiterated the importance of a global, macroeconmic approach to regulations. The post Indian Prime Minister Strengthens Calls for Global Crypto Framework Ahead of G20 appeared first on BeInCrypto. дальше »
2023-8-28 13:15 | |
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Shibarium Is Live And Scaling, What’s Ahead For Shiba Inu Price?
In a new blog post today, Shytoshi Kusama, the lead developer of Shiba Inu, announced that Shibarium is now live and scaling optimally. Kusama stated, “Shibarium is LIVE and operating well! Now that we’ve proven that all funds are safu (as we said), and that Shibarium is ready for prime time, we will reopen our channels. дальше »
2023-8-28 09:30 | |
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Indian PM Narendra Modi proposes global crypto regulation during G20
The Indian Prime Minister stressed the significance of embracing and harmonizing the adoption of these advancements. Under India's G20 presidency, the Prime Minister elevated the crypto discourThe post Indian PM Narendra Modi proposes global crypto regulation during G20 appeared first on AMBCrypto. дальше »
2023-8-26 15:00 | |
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Prime Trust’s parent company reports $8m loss due to TerraUSD investments
Prime Core Technologies, the parent entity of crypto custodian Prime Trust, reports an $8 million shortfall from TerraUSD investments. The loss was disclosed in an Aug. 24 filing with the Bankruptcy Court for the District of Delaware in the United States. The… дальше »
2023-8-25 13:15 | |
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Prime Trust Lost $8M in Doomed Terra Stablecoin Investment, CEO Says
A separate 2021 wallet bungle by the crypto custodian, taken into receivership in July, cost it $76 million, the CEO said in a court filing. дальше »
2023-8-25 12:46 | |
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Prime Trust lost $8M after Terra collapsed; bought $76M ETH in unrelated wallet loss
Failed crypto custodian Prime Trust revealed new details about its past financial shortfalls in a filing submitted to bankruptcy courts on Aug. 24. That filing indicates that Prime Trust’s investment in the TerraUSD (USTC) stablecoin resulted in millions of dollars of losses for the company. дальше »
2023-8-25 01:10 | |
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Prime Trust parent company lost $8M investing in TerraUSD
Prime Core Technologies said that “under prior management” it had lost $6 million in user funds and $2 million in treasury funds through investments in the algorithmic stablecoin. дальше »
2023-8-25 23:30 | |
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Thailand’s next prime minister Srettha Thavisin has crypto history
Thavisin was once CEO of Sansiri, one of Thailand’s largest real estate firms, known for backing crypto projects like XSpring.
дальше »2023-8-23 17:44 | |
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Custody Giant Prime Trust Files For Chapter 11 Bankruptcy But Says It Will Continue Operations
Virtual currency custody solutions provider Prime Trust has filed for Chapter 11 bankruptcy following a liquidity crisis that community members say has been brewing for several months. The company made the filing on August 14, noting that the bankruptcy procedure will “provide a transparent and value-maximizing process for the benefit of the Company’s clients and […] дальше »
2023-8-22 21:29 | |
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Crypto Biz: Binance Connect goes dark, Prime Trust is bust and PayPal unveils Crypto Hub
This week’s Crypto Biz explores the Binance Connect shutdown, BitGo’s funding round, the PayPal Crypto Hub and other news.
дальше »2023-8-19 00:50 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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