Cryptocoins News / The Cointelegraph - 1 year ago
A multimillion-dollar security breach involving a third-party vendor hastened Ripple’s acquisition of Fortress Trust on Sept. 8. The takeover of Fortress Trust by fin...
Bitcoin News / Google News Bitcoin - 1 year ago
Fortress CEO says hackers stole up to $15 million, mostly in Bitcoin, prior to Ripple acquisition& & Fortune
Bitcoin News / Bitcoinist - 1 year ago
Ripple Labs has unveiled new details about its acquisition of blockchain infrastructure company, Fortress Trust. The acquisition talks reportedly “accelerated” after Fortress’s customers lost funds due to a security incident involvi...
by COINS NEWS - 1 year ago
submitted by /u/lucashcy_97 [link] [comments]
Bitcoin News / Bitcoinist - 1 year ago
Ripple, a prominent cryptocurrency firm, has announced its acquisition of Fortress Trust, a financial institution that offers Web3 financial, regulatory, and technology infrastructure for blockchain innovators. With a focus on providing back-end inf...
Cryptocoins News / Finance Magnates - 1 year ago
In a strategic step to strengthen its operations in blockchain and crypto payments solutions, Ripple has announced its acquisition of Fortress Trust, a subsidiary of Fortress Blockchain Technologies. The partnership targets enterprises in the blockch...
Cryptocoins News / Finance Magnates - 1 year ago
The Las Vegas-based cryptocurrency custodian, Prime Trust has filed for Chapter 11 bankruptcy protection. This marks the latest setback for the financial technology company, which has faced a series of challenges over the past year, from regulatory i...
by COINS NEWS - 1 year ago
submitted by /u/AiryAndreGrande [link] [comments]
Bitcoin News / Bitcoin.com - 1 year ago
Stronghold Digital Mining announced Thursday it has acquired 2,000 application-specific integrated circuit (ASIC) bitcoin mining rigs from Canaan. The new machines, costing $3 million, will be delivered to Stronghold’s Panther Creek facility in...
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 / Google News Bitcoin - 1 year ago
Bitcoin Depot and GSR II Meteora Acquisition Corp. Announce ...& & GlobeNewswire
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 ...& & Bloomberg
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]
