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Prime Trust Has 'Shortfall of Customer Funds,' Nevada Regulator Says
Prime Trust Has 'Shortfall of Customer Funds,' Nevada Regulator Says

Crypto custody firm Prime Trust has "a shortfall in customer funds" and was unable to meet all withdrawal requests this month, the Nevada Department of Business and Industry said Thursday.

Bitcoin Bobbles, Then Returns to Perch Above $30.1K as Investors Weigh ETF Prospects, Macroeconomic Data
Bitcoin Bobbles, Then Returns to Perch Above $30.1K as Investors Weigh ETF Prospects, Macroeconomic Data

A hawkish Bank of England rate hike and the latest U.S. jobless claims stirred markets little. A crypto executive writes that approval of a spot bitcoin ETF is “almost certain.”

Engaging the Masses: How Entertainment is Taking Web3 Mainstream
Engaging the Masses: How Entertainment is Taking Web3 Mainstream

From creating rich NFT ecosystems to integrating crypto payments into existing models, entertainment giants, talent agencies and creative networks continue to find new ways to organically weave in Web3.

Tron Founder Justin Sun Unstakes $30M of Ether from Lido, Sends Tokens to Huobi
Tron Founder Justin Sun Unstakes $30M of Ether from Lido, Sends Tokens to Huobi

Crypto wallets linked to Sun still hold some $543 million in Lido’s stETH token, according to Arkham Intelligence data.

‘Bitcoin only’ buy-and-hold investment strategy outperforms altcoins over the long term — Analysis shows
‘Bitcoin only’ buy-and-hold investment strategy outperforms altcoins over the long term — Analysis shows

Historical data shows that apart from a few times since 2015 when altcoins outperformed BTC, a ‘Bitcoin only’ investment strategy has fared considerably well.

How Financial Advisors Can Navigate Crypto’s Turbulent Waters
How Financial Advisors Can Navigate Crypto’s Turbulent Waters

FAs and RIAs shouldn’t run from crypto and digital assets, as long as they have the right playbook.

This Week In Credit Card News: Consumers Struggle With Card Debt; Some Casinos Offering Mobile Payments
This Week In Credit Card News: Consumers Struggle With Card Debt; Some Casinos Offering Mobile Payments

What took place this week in the credit card and payment industries

Banning crypto ‘may not be effective in the long run’ — IMF
Banning crypto ‘may not be effective in the long run’ — IMF

After proposing a single ledger CBDC payment system, the International Monetary Fund reported on the regulation and use of digital currencies in Latin America and the Caribbean.

South African rand flattened; Sterling seesaws after inflation data
South African rand flattened; Sterling seesaws after inflation data

The South African rand flattened on Wednesday, recouping some losses from early trading after data showed consumer inflation had slowed more than expected in May.

Understanding why South Africans aren’t saving
Understanding why South Africans aren’t saving

Over the years, banks and financial experts have called for South Africans to save for the proverbial rainy day.

Off The Rails? The Rails-Agnostic Future Of International Payments
Off The Rails? The Rails-Agnostic Future Of International Payments

No one thinks this system is optimal; we tolerate it because it seems to be the best option—for now.

How To Protect Your Digital Assets
How To Protect Your Digital Assets

Employing the right strategy and tools can ensure that your assets are protected from legal action.

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