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The filing suggested Prime Trust had financial liabilities to its users totaling more than $82 million in fiat and $800,000 in crypto.
Nevada regulators are moving to shut down crypto custodian Prime Trust after finding it owed millions to customers.
The new exchange does not custody customer funds itself to avoid a conflict of interest — and a hot-button issue with the SEC.
VCs are pouring big money into AI startups, hoping to increase the frequency and velocity of innovation in the industry.
Generative AI can help with online research, PDF queries, reminders, and social media searches.
The launch announcement followed expansion moves by Bitfinex into El Salvador and Chile through licensing and partnerships, respec...
The European Union (EU) struck a deal to adopt changes today (on Tuesday) requiring tougher bank capital rules in line with standa...
In a recent opinion piece, Bloomberg columnist Matt Levine delves into the extravagant spending habits of cryptocurrency exchange...
The new leadership team at FTX has recouped approximately $7 billion in liquid assets as the exchange continues recovery efforts....
After abandoning the Prime Trust deal, BitGo CEO Mike Belshe has said that there are several other acquisitions in the pipeline. I...
Hackers are using a resurgence in popularity around the Super Mario Bros. franchise to sneak stealthy crypto malware onto unsuspec...
Former FTX CEO Sam Bankman-Fried will likely still face 13 criminal counts over two separate trials starting in October 2023 and M...
Binance's initial plan to delist specific privacy coins in certain EU nations has now been reversed as the company undertook revis...
“Decentralized financial ecosystem continues to develop in complexity, and it is important to address emerging risks,” said FSA of...
Robert F. Kennedy Jr., a presidential candidate, has expressed his position on central banking digital currencies (CBDCs) and his...
Securities and Exchange Commission Chair Gary Gensler is working to protect someone, but it’s not American investors.
The report came precisely one year after a court in the British Virgin Islands ordered Three Arrows Capital into liquidation.
The chairman of Swiss Central Bank,Thomas Jordan, has announced that the central bank is launching a wholesale CBDC on Switzerland...
The company expects to raise another $20 million to $30 million when the full round closes in the coming months.