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Prime Trust Plunges into Chaos: Court Orders Receivership Amidst Customer Funds Scandal

Cora Skindell3 years ago2 min read

Prime Trust Ordered into Receivership Amidst Financial Troubles The Eighth Judicial District Court of Nevada has ordered crypto custodian Prime Trust to be put into receivership…

Crypto Index Funds Eyeing XRP: Potential Surge Ahead?

Cora Skindell3 years ago1 min read

Crypto Index Funds Could Potentially Add XRP to Holdings Ripple’s XRP has outperformed other cryptocurrencies, gaining 3.6% in the past 24 hours. It has reclaimed its…

Telegram CEO Invests Millions in New Bonds for Platforms Growth

Cora Skindell3 years ago2 min read

Telegram CEO Pavel Durov invests in company’s growth with $270 million bond issue Messaging platform Telegram has issued $270 million in bonds to fund its growth…

Crypto Bill Round 2: Senators Lummis and Gillibrand Redefine the Conversation

Cora Skindell3 years ago2 min read

Senators Lummis and Gillibrand Unveil Second Draft of Crypto Bill Senators Cynthia Lummis and Kirsten Gillibrand have released an updated version of their comprehensive crypto regulation…

Secret Service Seizes Millions from Bahamian Bank in Money Laundering Investigation

Cora Skindell3 years ago2 min read

U.S. Authorities Seize Funds from Deltec Bank Amid Money Laundering Investigation In June, U.S. authorities seized funds belonging to Deltec, a Bahamian bank that serves crypto…

Polychain Capital Raises $200M in Crypto Fund Close, Shakes Up Research Team

Cora Skindell3 years ago2 min read

Polychain Capital Raises $200 Million for Fourth Crypto Venture Capital Fund Polychain Capital, a blockchain-focused venture capital firm, has raised approximately $200 million in an initial…

Evertas Acquires Bitcoin Mining Insurer Bitsure, Sets New Standard with $200 Million Policy Limits

Cora Skindell3 years ago2 min read

Evertas Acquires Bitsure and Expands Mining Policy Limits Evertas, a cryptocurrency insurance provider, has acquired Bitsure, a specialist insurer of Bitcoin mining operations. This acquisition allows…

FSB Urges Stronger Crypto Safeguards as Turbulent Year Raises Red Flags

Cora Skindell3 years ago2 min read

FSB Calls for Tougher Rules on Safeguarding Crypto Assets The Financial Stability Board (FSB) has called for stricter regulations on protecting the assets of crypto clients…

Crypto securities ruling creates uncertainty for CEL token pricing but wont affect Celsius restructuring plans, counsel assures

Cora Skindell3 years ago2 min read

Summary: A recent judgment ruling that the XRP token is a security is unlikely to affect the wind-up plans of bankrupt crypto lender Celsius, according to…

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