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One of the Big Four banks in the United Kingdom, Lloyds Bank, has said that reports of cryptocurrency investment scams by victims have surged by 23% in the current year compared to the same period in 2022.According to a press release published by Lloyds Bank, an increasing number of investors
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"After the fall of Genesis, BlockFi, Celsius, and others, a major gap in the market emerged for responsibly managed secured loans for institutions. Two Prime is well-positioned to fill it," Blume said, adding that we are focused on institutional borrowers. Original Source
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The message, sent from a Gmail address, included an email signature with the contact information of Philip Davis, who was then and remains prime minister of the Bahamas. Davis asked Bankman-Fried if his son could call the FTX CEO to talk about an NFT project that the son was working
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Other notable names included in the Series A round were Flow Traders, QCP Capital, Two Sigma Ventures, Electric Capital, Jump Crypto, QCP Capital, GSR Markets, Belvedere Trading, and Framework Ventures. Oct 11, 2023 at 1:00 p.m. UTCUpdated Oct 11, 2023 at 1:05 p.m. UTCMembrane Labs raises $20M
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Prime Trust filed for bankruptcy in August, roughly two months after Nevada regulators alleged the company was unable to meet its customers' withdrawal requests. The company also used customer funds to invest in failed stablecoin project Terra, in addition to engaging in other dubious business practices, a court filing shows. Source
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Hidden Road is the first prime broker to join the ecosystem, and clients can now leverage digital assets in collateralization scenarios while their assets remain in secure and regulated custody, Komainu said in a statement Wednesday. OKX, the second largest crypto exchange by trading volume, joined Komainu Connect in June. Source
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The tool seamlessly integrates with Coinbase Prime accounts, simplifying access to Web3 features directly and eliminating the need for multiple app downloads, thereby enhancing the overall user experience. Coinbase has announced the launch of the Coinbase Prime Web3 Wallet to provide secure and useful services to its institutional and retail clients.
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied 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
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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. Source
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Thailand’s parliament on Aug. 22 voted for real estate tycoon Srettha Thavisin to be the country’s next prime minister. Thavisin is best known as former president and CEO of Sansiri, one of the largest real estate developers in Thailand, which also has some cryptocurrency background.Thavisin, 60, was the only candidate
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