Prime Trust halts withdrawals and deposits as acquisition fails
Prime Trust has closed deposits and withdrawals after receiving a cease and desist from Nevada as BitGo pulls out of its acquisition.
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3AC Ventures: Like 3AC but without the leverage
Three Arrows Capital founders Su Zhu and Kyle Davies, are relaunching the collapsed fund as '3AC Ventures,' this time without leverage.
— Crypto, Polymarket
Crypto is betting on the missing Titan sub and it’s looking bearish
A crypto wager on Polymarket reveals that the market thinks there's only an 8% chance that the Titan sub will be found by June 23.
Brooklyn bitcoin spa leaves crypto watchers hot and bothered
Social media users are split on the idea of a Brooklyn spa using the excess heat produced by its bitcoin mining rigs to heat its pools.
Russian man accused of treason for funding Ukraine with crypto
It's alleged that the man committed treason by sending crypto to buy ammunition, medical equipment, drones, and infrared rifle scopes.
Tether bought commercial paper from subsidiary of alleged terrorist-linked bank
Tether apparently bought nearly $50M worth of commercial paper from a subsidiary of Masraf Al Rayan, a bank fined $4M by the FCA.
Uncovering Ethereum’s close ties to Chinese money
Ethereum has close ties to China and throughout its history has encouraged Chinese developers, miners, and network participants.
Scoop: TrueUSD pauses attestations amid Prime Trust issues
The real-time attestations for TrueUSD have again been paused, citing issues with balances preventing the attestation from being generated.
Aussie insurance firm wonders if it’s been sucked into $4M crypto hack
Hacker collective APLHV said in April that it had stolen 3.6TB of data from law firm HWL Ebsworth. So far, 1.1TB has been posted online.
— Andrew Tate, Crime
Court to seize 21 bitcoin from Andrew Tate after rape and trafficking indictment
According to a press release, police want to take Tate's bitcoin, worth $560k, along with high-end cars, properties, and a number of watches.