“The Nevada Financial Institutions Division (‘NFID’) was actively monitoring the solvency of Prime Trust, LLC (‘Prime’) in anticipation of a potential acquisition or merger,” the spokesperson said. “Ultimately, Prime failed to safeguard assets under its […]
“Vulnerable” miners, including Core Scientific (CORZQ), Argo Blockchain (ARB) and Iris Energy (IREN) have struggled to survive due to a “combination of falling bitcoin prices, rising debt servicing costs and rising electricity costs,” the analysts […]
Circle Internet Financial, which said at the time it had $3.3 billion in holdings at the bank, was followed in the list of top depositors by units of the bank itself, and then by tech-focused […]
A forthcoming report from FATF will urge jurisdictions to close loopholes, focusing on emerging risks from decentralized finance and peer-to-peer transactions that don’t use a regulated intermediary such as a wallet provider, the statement said. […]
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