Swan raises $40 million to build out institutional offerings such as Bitcoin-backed lending The company led by Cory Klippsten has quietly become one of the largest in crypto through its Bitcoin-only approach. Fortune · Dec 7, 2023
Fortress CEO Scott Purcell steps down after crypto custodian’s sale to Ripple falls through The crypto custodian was the victim of a multimillion-dollar hacking incident in September. Fortune · Oct 24, 2023
Inside the FTX straw donor machine, where customer funds were funneled into campaign contributions "It was for advantageous optics," former FTX engineering chief Nishad Singh testified on Monday. Fortune · Oct 16, 2023
Ripple's deal for Fortress included a bailout for customers who had been hacked A crypto custody firm called Fortress getting hacked shows yet again how unserious the industry is about cybersecurity. Fortune · Sep 12, 2023
The crypto industry is embracing self regulation. It’s time Washington gets on board Proof-of-reserve measures aren't a substitute for standard audits. They make them better. Fortune · Jul 23, 2023
Crypto Market Slightly Tumbles As BitGo Withdraws Acquisition Of Prime Trust Bitcoin momentum could make a run towards the mid-$30,000 region, but global hawkishness could kill risk appetite. Zenger · Jun 26, 2023
It's 'going to be a struggle' for customers of Binance-linked Prime Trust after BitGo terminates acquisition plan BitGo CEO Mike Belshe said Prime Trust didn't have the necessary finances to complete the deal. Fortune · Jun 22, 2023
If Crypto Is 'Too Big To Fail,' Secure Infrastructure Is Needed, Prime Trust Exec Says Benzinga, a media and data provider bridging the gap between retail and institutional investors, is bringing back its annual Global Fintech Awards event to New York City on Dec. 8, 2022. Benzinga · Aug 18, 2022
Government urged to allow Asic to decide claims against itself after investors left in limbo Former speaker says treasurer Josh Frydenberg should authorise corporate regulator to decide claims under compensation scheme for defective administration The Guardian - AU · Apr 9, 2022