trust - Claimpayback

Prime Trust subsidiary files for bankruptcy in the US

0xMain
June 15, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Banq, a subsidiary of the Nevada-based crypto custodian Prime Trust, has filed for bankruptcy in a US bankruptcy court in Nevada, shortly after BitGo signed a letter of intent...

TrueUSD pauses minting of TUSD via Prime Trust, stablecoin briefly depegs

0xMain
June 10, 2023

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TrueUSD (TUSD) has halted the minting of TUSD stablecoin tokens via fintech infrastructure provider, Prime Trust, causing a brief depegging. TrueUSD pauses minting of TUSD on Prime Trust In a June 10 post on its verified Twitter account, TrueUSD informed its users that...

Ledger CEO explains the company’s path to regain user trust

0xMain
May 26, 2023

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In a recent blog post, Pascal Gauthier, Chairman and CEO of Ledger, addressed concerns over the company’s new product, Ledger Recover. The announcement of this product, provided by Coincover, was met with confusion and surprise, prompting Gauthier to clarify its purpose and the...

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Grayscale launches Funds Trust, files for three new crypto ETFs

0xMain
May 9, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a move that underscores its commitment to expanding global asset management capabilities, Grayscale Investments has announced the formation of Grayscale Funds Trust and filing for three new exchange-traded...

Here’s how centralized exchanges can earn customer trust

0xMain
May 3, 2023

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In cryptocurrency trading, traders can either use decentralized or centralized exchanges. While decentralized exchanges (DEXs) are popular for allowing self-custody of funds, centralized exchanges (CEXs) are dominant and preferred by many. Despite their use, these platforms must employ measures to establish and retain...

Trust Wallet lost $170,000 to hackers, to reimburse victims

0xMain
April 22, 2023

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Trust Wallet, a popular crypto wallet owned by Binance, has disclosed a WebAssembly (WASM) vulnerability in its open-source library, Wallet Core, that affected some users. A security researcher reported the vulnerability through Trust Wallet’s bug bounty program in November 2022. According to an...

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EU MiCA regulation seeks to restore trust in cryptos

0xMain
April 19, 2023

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The European Union is set to vote on the Markets in Crypto Assets (MiCA) proposal, aiming to establish a legal framework that will regulate the cryptocurrency industry and rebuild trust after high-profile collapses. European Union legislators aim to conclude the cryptocurrency industry’s “wild...

Grayscale adds Solana Trust to OTC trading markets for investors

0xMain
April 17, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Grayscale Investment, the world’s largest digital currency asset manager, has expanded its portfolio by launching Grayscale Solana Trust on OTC markets. The trust’s shares can now be traded under...

Trust Wallet introduces tax tool for Coinpanda, Cointracker, and Koinly

0xMain
March 21, 2023

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Non-custodial crypto wallet Trust Wallet has partnered with Coinpanda, Koinly, and Cointracker to offer users a crypto tax reporting feature. Trust Wallet will be integrated into the three platforms to provide a cost-effective and convenient way to generate tax reports. This allows crypto users on decentralized and centralized platforms...

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Biden urges US citizens to trust banks amid ongoing collapse

0xMain
March 14, 2023

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Following the Silicon Valley Bank collapse, US President Joe Biden sought to portray calm on March 13 by assuring US citizens that the country’s financial and banking systems are secure. In a move that has sent shockwaves throughout the banking industry, The Federal...