Cryptocoins News / The Cointelegraph - 1 year ago
The goal behind an overpriced buyout of the Swiss company was to get a proper European license. According to the legal team trying to return FTX investor funds throug...
Bitcoin News / Bitcoin Magazine - 1 year ago
MicroStrategy, the leading public corporation in terms of bitcoin holdings, has once again demonstrated its aggressive bitcoin acquisition strategy. The company recently announced the purchase of an additional 12,333 BTC for approximately $347.0 mill...
Bitcoin News / Google News Bitcoin - 1 year ago
MicroStrategy's Saylor Makes Largest Bitcoin Acquisition Since Prices Peaked in Late 2021& & BloombergMichael Saylor's MicroStrategy Now Holds Over $4.6B Worth of Bitcoin& & CoinDeskMicroStrategy’s Saylor Makes Largest Bitcoin Acquisition Since Price...
Bitcoin News / Google News Bitcoin - 1 year ago
MicroStrategy’s Saylor Makes Largest Bitcoin Acquisition Since Prices Peaked in Late 2021& & Yahoo FinanceMichael Saylor's MicroStrategy Now Holds Over $4.6B Worth of Bitcoin& & CoinDeskMichael Saylor’s MicroStrategy buys $347 million in Bitcoin foll...
Bitcoin News / Google News Bitcoin - 1 year ago
Bullet Blockchain Expands Presence in the Cryptocurrency Market With Acquisition of Bitcoin ATM Fleet& & Yahoo Finance
Bitcoin News / Bitcoinist - 1 year ago
Following the recent decision to abandon its proposed acquisition of Prime Trust, BitGo CEO Mike Belshe revealed that the cryptocurrency custodian has several other investments in the works.
In an interview with First Mover on Monday, Belshe stated:...
Bitcoin News / Bitcoinist - 1 year ago
BitGo, a leader in digital asset trust and security, has announced that it has terminated its acquisition of Prime Trust, a technology-driven financial institution that provides custody and escrow services for the digital asset industry.
The decisio...
Cryptocoins News / EthereumWorldNews - 1 year ago
Crypto custodian Prime Trust suspended withdrawals and deposits earlier today.& The suspension came after rival custodian BitGo terminated a deal to acquire the firm.& The Nevada Financial Institution Division issued an order to Prime Trust...
Cryptocoins News / The Cointelegraph - 1 year ago
The acquisition was called off two weeks after BitGo publicly disclosed its non-binding letter of intent to acquire Prime Trust. On June 22, wallet infrastructure pro...
Bitcoin News / Bitcoin Magazine - 1 year ago
BitGo's plans to acquire Prime Trust, a prominent custody firm, have taken an unexpected turn as BitGo recently announced on Twitter the cancellation of the acquisition. The initial announcement had generated excitement within the industry, as the co...
Bitcoin News / Bitcoin.com - 1 year ago
On June 22, 2023, Bitgo, a digital assets firm and crypto custodian, declared the termination of its planned acquisition of custodian Prime Trust. The company cited a “considerable effort” in attempting to chart a course for Prime Trust’s...
Bitcoin News / Bitcoin.com - 1 year ago
Cleanspark, a publicly listed bitcoin miner, has announced that it has entered into definitive agreements to acquire two turnkey bitcoin facilities in Dalton, Georgia. The deal will be an all-cash payment of $9.3 million and is expected to increase C...
Cryptocoins News / The Cointelegraph - 1 year ago
Prime Trust payment subsidiary Banq files for bankruptcy, citing “unauthorized’ asset transfers to Fortress NFT Group. The payments subsidiary of crypto custodian Prim...
by COINS NEWS - 1 year ago
Prime Trust is a huge Bitcoin custodian. It was just bailed out by the company that handles wBTC on ERC-20, BitGo, on fears it was insolvent. submitted by /u/pbjclimbing [link] [comments]
Bitcoin News / Bitcoin.com - 1 year ago
In a recent development, Bitgo, the digital asset trust firm, disclosed that it has penned a letter of intent to acquire Prime Trust, a crypto custodian based in Nevada. Should the acquisition proceed, Prime Trust would become an integral part of Bit...
Cryptocoins News / Finance Magnates - 1 year ago
The
Financial Services Commission (FSC) of South Korea has decided to track the
ongoing legal action against Binance closely. According to the local magazine
NewsPim, it may cause a delay in the approval of the cryptocurrency exchange's
acquisition o...
Cryptocoins News / The Cointelegraph - 1 year ago
The country’s financial watchdog claimed it was very difficult to accept the acquisition requests amid accusations of securities laws violations. The United States Sec...
Cryptocoins News / The Cointelegraph - 1 year ago
While Apple Vision Pro comes with features geared toward personalized virtual reality, Mira’s headsets are purpose-built for industrial applications. Just a day after...
Cryptocoins News / The Cointelegraph - 1 year ago
The deal was announced in April and approved by the bankruptcy judge on May 4. The Miami International Securities Exchange (MIAX), owned by Miami International Holding...
Cryptocoins News / The Cointelegraph - 1 year ago
FTX lawyers want to claw back $243.7 million from Embed insiders and executives, claiming its former leadership paid a “wildly inflated” price for the stock-trading platform....
Bitcoin News / Google News Bitcoin - 1 year ago
GSR II Meteora Acquisition Corp. Announces Filing of Amended Proxy Statement; Bitcoin Depot Reports Strong Fourth Quarter and Full-Year 2022 Results& & Yahoo Finance
Bitcoin News / Bitcoin Magazine - 1 year ago
The acquisition means Pocket Bitcoin now has its own in-house wallet app for users looking to buy bitcoin using the service. Swiss-based non-custodial bitcoin-exchange Pocket Bitcoin has acquired popular bitcoi...