* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, August 14, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Georgia Tech Launches Arts, Entertainment, and Creative Technologies Degree – Georgia Tech News Center

    Georgia Tech Unveils Exciting New Degree in Arts, Entertainment, and Creative Technologies

    John Davison departs from IGN Entertainment – GamesIndustry.biz

    John Davison Steps Down from IGN Entertainment Leadership

    JPMorgan raises Flutter Entertainment stock price target to GBP273 – Investing.com

    JPMorgan Raises Flutter Entertainment Price Target to £273, Signaling Strong Growth Ahead

    Star Entertainment reaches deal to sell 50% stake in Brisbane resort to HK investors – Reuters

    Star Entertainment Seals Landmark Deal, Sells Half of Brisbane Resort to Hong Kong Investors

    Country music star ripped by ex-wife amid court battle: ‘Karma is a … well you know’ – PennLive.com

    This LA singer performed at Trump casinos. Now he’s a retired bus driver in Acadiana. – The Advocate

    This LA singer performed at Trump casinos. Now he’s a retired bus driver in Acadiana. – The Advocate

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Indirect tax transformation: Navigating change, embracing technology – Thomson Reuters tax and accounting

    Revolutionizing Indirect Tax: Embracing Technology to Navigate Change

    California’s wildfire moonshot: How new technology will defeat advancing flames – Los Angeles Times

    California’s Wildfire Revolution: How Cutting-Edge Technology Is Poised to Stop Raging Flames

    LSU grad uses 3D printing to create adaptive technology for children – CBS News

    LSU Graduate Revolutionizes Adaptive Technology for Kids with 3D Printing

    Gas-to-liquids technology can support national resilience – The Strategist | ASPI’s analysis and commentary site

    Unlocking National Strength: How Gas-to-Liquids Technology Drives Resilience

    Micron Technology (MU) Launched a New Memory Chip for Space Application – Yahoo Finance

    Micron Technology Launches Revolutionary Memory Chip Built for Space Exploration

    United Airlines passengers in US delayed after tech glitch halts flights – BBC

    United Airlines passengers in US delayed after tech glitch halts flights – BBC

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Georgia Tech Launches Arts, Entertainment, and Creative Technologies Degree – Georgia Tech News Center

    Georgia Tech Unveils Exciting New Degree in Arts, Entertainment, and Creative Technologies

    John Davison departs from IGN Entertainment – GamesIndustry.biz

    John Davison Steps Down from IGN Entertainment Leadership

    JPMorgan raises Flutter Entertainment stock price target to GBP273 – Investing.com

    JPMorgan Raises Flutter Entertainment Price Target to £273, Signaling Strong Growth Ahead

    Star Entertainment reaches deal to sell 50% stake in Brisbane resort to HK investors – Reuters

    Star Entertainment Seals Landmark Deal, Sells Half of Brisbane Resort to Hong Kong Investors

    Country music star ripped by ex-wife amid court battle: ‘Karma is a … well you know’ – PennLive.com

    This LA singer performed at Trump casinos. Now he’s a retired bus driver in Acadiana. – The Advocate

    This LA singer performed at Trump casinos. Now he’s a retired bus driver in Acadiana. – The Advocate

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Indirect tax transformation: Navigating change, embracing technology – Thomson Reuters tax and accounting

    Revolutionizing Indirect Tax: Embracing Technology to Navigate Change

    California’s wildfire moonshot: How new technology will defeat advancing flames – Los Angeles Times

    California’s Wildfire Revolution: How Cutting-Edge Technology Is Poised to Stop Raging Flames

    LSU grad uses 3D printing to create adaptive technology for children – CBS News

    LSU Graduate Revolutionizes Adaptive Technology for Kids with 3D Printing

    Gas-to-liquids technology can support national resilience – The Strategist | ASPI’s analysis and commentary site

    Unlocking National Strength: How Gas-to-Liquids Technology Drives Resilience

    Micron Technology (MU) Launched a New Memory Chip for Space Application – Yahoo Finance

    Micron Technology Launches Revolutionary Memory Chip Built for Space Exploration

    United Airlines passengers in US delayed after tech glitch halts flights – BBC

    United Airlines passengers in US delayed after tech glitch halts flights – BBC

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Prime Trust Suspends Withdrawals After BitGo Terminates Acquisition Deal

June 23, 2023
in Business
Prime Trust Suspends Withdrawals After BitGo Terminates Acquisition Deal
Share on FacebookShare on Twitter

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 instructing it to suspend operations. BitGo had reached a preliminary agreement to acquire its rival custody firm earlier this month. 

Crypto custody firm Prime Trust has suspended withdrawals and deposits on its platform. The news came just hours after a deal to be acquired by rival custody firm BitGo fell apart earlier today. BitGo announced earlier today that it had terminated the acquisition deal after considerable effort and work to find a path forward with the crypto custodian. 

After considerable effort and work to find a path forward with Prime Trust, BitGo has made the hard decision to terminate its acquisition of Prime Trust. This decision was not made lightly and BitGo remains committed to our mission to deliver trust in digital assets.

— BitGo (@BitGo) June 22, 2023

Nevada Regulator Directs Prime Trust To Suspend Operations

According to a press release by one of Prime Trust’s primary custody client Stably, the Nevada Financial Institution Division issued an order to the crypto custody firm following which it halted all deposits of fiat and digital assets for custody. The custodian also halted all withdrawals of fiat and digital assets. The order was followed by an advisory from the firm for all clients to stop sending custody assets to the crypto custody firm. 

Prime Trust is actively engaging the NV FID to determine the next steps to remediate any concerns and return to business as usual as soon as possible. We sincerely apologize for this inconvenience and ask you to be patient with us while we work with the regulators to provide more clarification on the next steps.”

Prime Trust’s troubles led to significant issues for, Stably. The firm had to stop onboarding, withdrawals, and deposits of Stably Ramp, as well as Stably Prime. The latest development comes just two weeks after BitGo announced a preliminary agreement to acquire Prime Trust for an undisclosed amount. The custody firm’s Nevada Trust Company was poised to join BitGo’s existing global network of regulated trust companies in multiple jurisdictions, including Germany and Switzerland. The deal would’ve also seen the crypto custodian’s infrastructure map over 1:1 with BitGo’s services. 

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : EthereumWorldNews – https://en.ethereumworldnews.com/prime-trust-suspend-withdrawal-bitgo-deal/

Tags: businessPrimeTrust
Previous Post

FSMA Orders Binance to Stop Offering Crypto Services in Belgium Immediately

Next Post

SEC To BlockFi In $50 Million Settlement Saga – Pay Debtors First

Animal ecology major renamed wildlife and fisheries conservation and ecology – Iowa State University

Iowa State University Renames Animal Ecology Major to Wildlife and Fisheries Conservation and Ecology

August 14, 2025
How Volunteer Work Helped Me Further My Love for Environmental Science – THE ROCKAWAY TIMES

How Volunteering Deepened My Passion for Environmental Science

August 14, 2025
The Science of Reading and Play Go Hand-in-Hand. Schools Must Make It Happen – The 74

How Reading and Play Together Unlock Children’s Learning Potential – And Why Schools Need to Act Now

August 14, 2025
If you haven’t done these 8 things by 40, you’re already ‘behind’ (but here’s why that’s okay) – VegOut

If you haven’t done these 8 things by 40, you’re already ‘behind’ (but here’s why that’s okay) – VegOut

August 14, 2025

Technology Sector Drives Nearly 40% of Office Leasing as Global Enterprises Expand in India

August 14, 2025
Porter Jr.: Betting impact ‘going to get worse’ – ESPN

Porter Jr. Issues Stark Warning: The Betting Impact Is Set to Intensify

August 14, 2025
‘We caught lightning in a bottle’: Braintree baseball is riding high into the Little League World Series – Boston.com

Braintree Baseball Strikes Gold, Charging Confidently Toward the Little League World Series

August 14, 2025
Analysis Shows Wealthy Americans Are Propping Up the Economy – The Daily Beast

How Affluent Americans Are Driving the Economy’s Momentum

August 14, 2025
Georgia Tech Launches Arts, Entertainment, and Creative Technologies Degree – Georgia Tech News Center

Georgia Tech Unveils Exciting New Degree in Arts, Entertainment, and Creative Technologies

August 14, 2025
nCino, C3.ai, Five9, Health Catalyst, and RingCentral Shares Are Soaring, What You Need To Know – Yahoo Finance

NCino, C3.ai, Five9, Health Catalyst, and RingCentral Stocks Are Skyrocketing – Here’s What You Need to Know

August 14, 2025

Categories

Archives

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (770)
  • Economy (792)
  • Entertainment (21,669)
  • General (16,456)
  • Health (9,831)
  • Lifestyle (803)
  • News (22,149)
  • People (794)
  • Politics (800)
  • Science (16,006)
  • Sports (21,290)
  • Technology (15,771)
  • World (775)

Recent News

Animal ecology major renamed wildlife and fisheries conservation and ecology – Iowa State University

Iowa State University Renames Animal Ecology Major to Wildlife and Fisheries Conservation and Ecology

August 14, 2025
How Volunteer Work Helped Me Further My Love for Environmental Science – THE ROCKAWAY TIMES

How Volunteering Deepened My Passion for Environmental Science

August 14, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version