BitGo Cancels Prime Trust Acquisition, Users Report Frozen Withdrawals
Crypto custodian BitGo announced it was ending talks to acquire rival Prime Trust, ending the acquistion two weeks after it was announced.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
XRPL’s $1.34 billion stablecoin base doesn’t tell us how much XRP users need
Tracked stablecoins on the XRP Ledger totaled $1.338 billion on Oct. 7. For XRP holders, the critical question is how much activit...
Stealing $1.5B in crypto is easy, cashing out is the trap
North Korean hackers stole around $1.5 billion from Bybit in February 2025. While the hack itself has been widely covered and anal...
Strive reportedly buys 638 Bitcoin with preferred stock proceeds this week
Strive's strategic Bitcoin acquisition may boost investor confidence, potentially driving its stock price higher amid ongoing fina...
Luxor’s reported 6–13% annualized Bitcoin yield depends on mining delivery
Luxor, a Bitcoin mining derivatives provider, reported a 6–13% annualized Bitcoin financing spread in its September lookback, publ...
Tether Freezes $1.45M in THORChain USDT Vaults, Then Reverses Blacklist Hours Later
Key Takeaways: The amount of about $1.45 million in USDT was temporarily frozen in THORChain vault addresses. According to THORCha...
Crypto outperforms traditional assets over past three months: report
Crypto's recent outperformance may boost investor confidence, potentially influencing future market dynamics and Ethereum's long-t...