Ethereum update: Prime Trust Enters Crypto Custody Race, Will Hold Any Ethereum Token – coinness.com
Prime Trust, a small U.S. financial institution that’s played a behind-the-scenes role in several dollar-backed cryptocurrencies, is entering the competitive crypto custody business. Prime Trust began offering cold storage for bitcoin in mid-July and will announce next week that it can also handle custody for ether and any token issued on the ethereum blockchain under the ERC-20 standard.
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Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.
Author: CoinnessPress
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