Blockchain technology has made a significant position in the world of technology lately and is one of the most remarkable technological advancements. But skepticisms never leave a chance to hover arou...
Tag: Trust
If You Hold Crypto For Someone Else, Can IRS Collect Taxes From You?
MORGANTOWN, WV – 31 DECEMBER 2017: Ethereum or ether coin lying on top of similar golden coins to … [+] illustrate cybercurrencies getty It’s tax time, and crypto gains can be painfu...
NYC DOE Jogs Memory On Encryption Trust But Validate –
A total of 820 New York City got impacted by attackers in 2022 so far, who found weaknesses in the school system’s technology framework. Perhaps it may make sense to reelected individuals not familiar...
Netflix’s Trust No One: Who Was QuadrigaCX CEO Gerald Cotten?
Netflix’s latest true crime doc, Trust No One: The Hunt for the Crypto King, seeks to unravel the mystery of Gerald Cotten, the CEO of crypto exchange QuadrigaCX, who died in 2018. Cotten passed away ...
New York City DOE Serves As Reminder on Encryption – Trust but Verify
HodlX Guest Post Submit Your Post Eight hundred twenty thousand – that’s how many NYC students were affected by 2022 hackers who attacked a vulnerability in the school system’s technology infrastru...
Can a Trustee Withdraw Money From a Trust Account?
SmartAsset: Can a Trustee Withdraw Money From a Trust Account? Trusts can be a useful tool for estate planning when you want to leave specific instructions about how your assets should be managed duri...
Decentralized identifiers (DID) and personal data tools for building a web of trust
March 29, 2022, 10:23AM EDT • 14 min read Quick Take It is becoming increasingly important to actively manage and protect our digital identities (e.g., passwords, account numbers, browsing history, so...
Trust Wallet Founder Viktor Radchenko Steps Down as CEO
Trust Wallet founder Viktor Radchenko is stepping down as CEO of the mobile cryptocurrency wallet company to focus on his family. He will be replaced by Eowyn Chen, the current vice president of marke...
APT Systems Announces Selection of Prime Trust as Technology Provider
SAN FRANCISCO, CA – March 23, 2022 – APT Systems, Inc. (OTC Pink: APTY), software development and fintech company, has announced the selection of Prime Trust, LLC as a strategic technology collaborato...
Apple Removes Trust Wallet from Its App Store. Here’s Why
On March 21, TrustWallet became unavailable on the App Store. The project team stated on March 22 that the issue would be resolved as soon as possible. Trust Wallet assured users that their assets wou...
Starwood Property Trust Passes Through 8% Yield Mark
In trading on Wednesday, shares of Starwood Property Trust were yielding above the 8% mark based on its quarterly dividend (annualized to $1.92), with the stock changing hands as low as $23.70 on the ...
Everything We Know About Netflix’s “Trust No One: The Hunt for the Crypto King”
It’s about time Netflix’s true crime unit turned its eye to cryptocurrencies. In the tradition of “The Tinder Swindler,” “Crime Scene: The Vanishing at the Cecil Hotel,” and “Abducted in Plain Sight,”...
Trust Payments Launches Stor eCommerce Solution
Trust Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or serv...
Crypto Custody Provider Hex Trust Raises $88 Million ⋆ ZyCrypto
Advertisement     Hex Trust, an institutional crypto custodian based in Hong Kong and Singapore, recently secured $88 million in a Series B investment round headed by ...
Animoca Brands Co-leads $88M Series B Funding Round of Hex Trust
Digital asset custodian Hex Trust has announced raising $88 million in a Series B funding round. As per the official blog post, the funding round was led by Animoca Brands and Liberty City Ventures. H...
Hex Trust: The Crypto Custodian company raises $88 Million in Series B
Hong-Kong-based Custodian Hex Trust has raised $88 million in a Series B funding round. This round focuses on the company’s further expansions and acquiring additional licenses. Liberty City Ventures...
Ripple and Morgan Creek Among Investors in Hex Trust
Alex Dovbnya San Francisco-based blockchain company Ripple is among the investors who have participated in Hex Trust’s latest funding round San Francisco-based blockchain company Ripple has inve...
HK-Based Hex Trust Raises $88m in Funds, Valuation Touches $300m
Hong Kong-based Hex Trust raised $88 million in Series B funding led by Animoca Brands and Liberty City Ventures, following which it saw its valuation rise to $300 million. The company announced that ...
HK-Based Hex Trust Raises $88m, Valuation Touches $300m
Hong Kong-based Hex Trust raised $88 million in Series B funding led by Animoca Brands and Liberty City Ventures, following which it saw its valuation rise to $300 million. The company announced that ...
Asia-based crypto custodian Hex Trust raises USD $88M in Series B » CryptoNinjas
Hex Trust, an Asia-based digital asset custodian licensed in Hong Kong and Singapore with over USD $5 billion in assets under custody, has announced the close of its Series B funding round of USD $88 ...
Crypto custodian Hex Trust raises $88 million in Series B funding
Hex Trust, an institutional crypto custodian based in Hong Kong, has raised $88 million in a Series B funding round. Animoca Brands and Liberty City Ventures co-led the round, with Ripple, Terra, Bloc...
Trust Beneficiaries and Taxes
Beneficiaries of a trust typically pay taxes on the distributions they receive from the trust’s income, rather than the trust itself paying the tax. However, such beneficiaries are not subject t...
The World’s Biggest Bitcoin Trust Seems To Be Available For Purchase. Whether This Might Be A Price Scam
For institutional investment managers, GBTC has become a popular option to get into crypto. Ark Investment, owned by Cathie Wood, holds 7.9 million units for GBTC. Next Generation Internet ETF (ARKW),...
Should You Buy the Grayscale Bitcoin Trust Fund? It’s on Sale—and That Could Be a Trap.
In closed-end funds, anything trading around 70 cents on the dollar might seem too good to pass up. Investors can get that kind of bargain now in the Grayscale Bitcoin Trust . But this may be a case w...
Asia crypto custodian Hex Trust completes SOC 2 certification » CryptoNinjas
Hex Trust, an Asia-based crypto-asset custodian, today announced that it has completed its SOC 2 – SOC for Service Organizations: Trust Services Criteria assessment, conducted by Deloitte. An auditing...
Institutional investors buy from the Grayscale Bitcoin Trust
Last November, the large US investment bank Morgan Stanley increased its stake in the world’s largest fund investing in Bitcoin, the Grayscale Bitcoin Trust, by buying around 1 million shares in the f...
Institutions increase exposure to Grayscale Bitcoin Trust as GBTC discount nears 30%
Institutional investors are returning to accumulate Grayscale Bitcoin Trust (GBTC) shares as the discount to spot price his risen to nearly 30%, data on Glassnode shows. Since December 2021, some week...
SFOX Crypto Firm Approved as a Wyoming Trust
SFOX (San Francisco Open Exchange) affirmed that its application for a trust charter has been approved. SFOX is a reputable multi-dealer platform for investors and wealth managers. Additionally, the c...
Crypto Firm Knox Joins Forces With Canadian Qualified Custodian Tetra Trust
“Knox got some comprehensive insurance policies that hadn’t been seen elsewhere, but the qualified custody bit eluded us, and it’s a fairly gargantuan task to get that,” Daskalov said. “So, from...
Crypto dealer SFOX gets trust charter approval from Wyoming regulators
The State of Wyoming has approved California-based crypto broker SFOX for a trust charter, allowing the firm to provide custodial and other crypto-related services to institutional clients. In a Tuesd...
Tetra Trust and Knox Form a Strategic Crypto Alliance
Tetra Trust updated it has partnered with KNØX Capital Inc. and KNØX Industries Inc. (known as Knox). Tetra is providing institutions with the ability to store crypto-related products in a regulated e...