Prime Trust has notified its employees that it may lay off 62 people within the next two months, just weeks after the company made deep cuts

Crypto custodian BitGo has raised $100 million at a valuation of $1.75 billion, Bloomberg reported on Wednesday.

Las Vegas-based cryptocurrency custodian Prime Trust filed for Chapter 11 bankruptcy protection on Monday, the latest setback

Nevada's Financial Institutions Division (FID) has taken control of crypto custodian Prime Trust, halted its operations