Prime Trust CEO Jor Law said in a recent court filing that the crypto custodian lost a total of $8 million in a doomed investment in the terraUSD algorithmic stablecoin. "The...
Crypto-friendly Custodia Bank announced a week ago that it launched to business customers in a number of states. Custodia Bank founder and CEO Caitlin Long joins "First Mover"...
According to a new report from Bloomberg, BitGo has raised $100 million at a valuation of $1.75 billion. This comes nearly two months after the crypto custodian canceled its p...
“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as Jacobi Asset Management lists Europe's first spot bitcoin exchange-traded fund (ETF). C...
Beleaguered crypto custodian Prime Trust has filed for Chapter 11 bankruptcy protection on Monday, as the chill of crypto winter drags on. This comes after CoinDesk recently r...
The company is in an “unsafe or unsound condition” to conduct business, a filing with Nevada’s Department of Business and Industry Financial Institutions Division stated.