The collapse of crypto exchange FTX and other bearish events in the space were at the center of discussions among lawmakers and witnesses at the inaugural hearing of the United States House Committee ...
Tag: bitgo
CORRECTING and REPLACING BitGo Becomes First Custodian to Support Sui Ecosystem
Sui Foundation treasury will be held in qualified custody and launch unlocks institutional-grade custody for all participants of the SUI ecosystem. PALO ALTO, Calif.–(BUSINESS WIRE)–Fifth paragraph of...
BitGo Becomes First Custodian to Support Sui Ecosystem
Sui Foundation treasury will be held in qualified custody and launch unlocks institutional-grade custody for all participants of the SUI ecosystem. PALO ALTO, Calif.–(BUSINESS WIRE)–The Sui Foundation...
Coinbase, BitGo, and Anchorage assert that they comply with SEC custody rules
Ad Coinbase and other crypto custody providers asserted on Feb. 15 that they will be able to operate under proposed changes to custodial rules. Coinbase endorses SEC’s efforts Today, the U.S. SEC vote...
California-based BitGo Adds Wallet And Custody Support For Shiba Inu
– Advertisement – California-based Digital Asset Trust and Security Company BitGo listed Shiba Inu (SHIB). BitGo recently announced that it has added support for Shiba Inu (SHIB) and Dogec...
Polygon: Reddit and BitGo collaborations, staking culture, and more, cause…
Polygon partnered with BitGo to foster MATIC staking rewards. NFT adoption has been key to the ecosystem’s progress despite a recent volume fall. As a follow-up to its hardfork recent success, Polygon...
Polygon Teams Up BitGo After A Hardfork Upgrade
Polygon has partnered with BitGo to provide MATIC holders with staking capabilities. Moreover, the users can earn rewards by staking ERC-20 MATIC tokens. BitGo decided to support Polygon because of it...
MATIC Price Reacts as BitGo Launches Support for Polygon
BitGo has launched full support for the Polygon (MATIC) blockchain. The support will enable BitGo to provide custodial and staking services for MATIC. MATIC price jumped in reaction to the development...
Crypto custody platform BitGo adds support for MATIC staking
BitGo has announced the rollout of its polygon wallet and custody services for native MATIC token holders. BitGo users will now be able to securely stake their ERC-20 MATIC tokens on the platform and ...
Polygon Partners With BitGo to Provide MATIC Staking Rewards
Polygon partnered with BitGo to provide staking capabilities for MATIC holders. While the governance facilitator addressed the recent controversy. The Polygon network is known for its various strategi...
Global Crypto Asset Management Strategic Business Report 2022 Featuring Altpocket, Amberdata, Anchorage, Bakkt, Binance, Bitgo, Blox, Coinbase, Coinstats, & Cointracker – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Crypto Asset Management: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering. Global Crypto Asset Management Market to Reach $1.4 B...
BitGo delivers 1st Avalanche staking solution from reputed custody
BitGo, the entity which has, in the past, successfully stood by and held up the custody for AVAX C-chain, along with the assets created on the Avalanche chain, has now taken the initiative of deliveri...
BitGo CEO Confirms Alameda Research Tried to Regain 3000 wBTC
Over a month has passed since FTX filed for bankruptcy under the Chapter 11 Bankruptcy Code. Alameda Research, sibling trading firm of the crypto exchange, was reported to be gathering cash prior to t...
BitGo declined Alameda’s attempt to redeem 3,000 WBTC
BitGo CEO Mike Belshe revealed that the firm declined Alameda Research’s request to redeem 3,000 Wrapped Bitcoin (WBTC) a few days before its bankruptcy in a Dec. 14 Twitter space. Belshe said BitGo d...
Alameda tried to redeem 3,000 wBTC days before bankruptcy: BitGo CEO
Mike Belshe, the CEO of digital asset custodian BitGo has confirmed that Alameda Research attempted to redeem 3,000 Wrapped Bitcoin (wBTC) in the days before FTX’s bankruptcy filing on Nov. 11. Durin...
BitGo refused to unwind $50 million in wrapped bitcoin for Alameda
Digital asset custodian BitGo refused to allow Alameda Research to unwind $50 million worth of wrapped bitcoin days before the latter firm went into bankruptcy, BitGo CEO Mike Belshe said today in a T...
BitGo to take custody of FTX assets in bankruptcy procedure
Crypto custodian BitGo has been nominated as the official custodian to safeguard the remaining funds at FTX. Acting CEO John Ray III selected BitGo to take custody of the assets of the crypto exchange...
FTX asks court to let BitGo safeguard its assets during bankruptcy
FTX notified a federal judge that it wants BitGo to safeguard its remaining digital assets as bankruptcy proceedings play out. A custodial services agreement with BitGo was signed Nov. 13, appro...
Bitgo Reveals Wrapped Dogecoin Token Built on Ethereum – Altcoins Bitcoin News
On Nov. 2, 2022, the digital asset custody business and financial services provider Bitgo introduced a wrapped version of the meme coin asset dogecoin built on top of the Ethereum blockchain. The comp...
Former BitGo, Curv exec launches new crypto wallet security firm
Even in the crypto bear market, new companies are springing up to tackle old problems. Fordefi — which offers a wallet platform that allows institutions to engage across various chains — is eme...
‘DeFi will replace institutions entirely,’ says BitGo CEO Mike Belshe
The global decentralized finance market size was valued at $11.78 billion in 2021. This number is expected to increase as DeFi advances, yet it is still in its infancy. Therefore, a number of banks an...
Bittrex, Merkle Science, Bitgo Join Crypto Market Integrity Coalition – Bitcoin News
Following the introduction of the Crypto Market Integrity Coalition (CMIC) with 17 member firms last February, the organization has added eight new members. New coalition recruits include Bittrex, Mer...
Galaxy Digital pulled out of the $1.2B merger because it could not afford it, says BitGo
BitGo said that Galaxy Digital’s decision to pull out of the merger deal has nothing to do with its financial statements but with Galaxy’s inability to finance the deal owing to its loss of over $661 ...
Galaxy ‘Concocted’ Story to Walk From $1.2B Merger, BitGo Says
Galaxy Digital and BitGo are locked in a legal battle over a scuttled merger deal initiated last year Galaxy claims BitGo’s auditing standards were insufficient, which BitGo denies Galaxy Digital’s de...
Bitgo Registered a Case on Galaxy Digital for $100m Over the ‘Intentional Breach’ Merger Agreement
Galaxy Digital violated the Merger Agreement with Bitgo. Bitgo filed a case on Galaxy Digital for $100M over breaching the Merger Agreement. On 16 August 2022, TheCoinRep...
Bitgo Files Lawsuit Against Novogratz’s Galaxy Digital for $100M Over ‘Intentional Breach’ of a Merger Agreement – Coinotizia
According to statements made by the digital asset custody business and financial services provider Bitgo, the firm has filed a lawsuit against the crypto company Galaxy Digital and is seeking damages ...
Bitgo Files Lawsuit Against Novogratz’s Galaxy Digital for $100M Over ‘Intentional Breach’ of a Merger Agreement – Bitcoin News
According to statements made by the digital asset custody business and financial services provider Bitgo, the firm has filed a lawsuit against the crypto company Galaxy Digital and is seeking damages ...
BitGo Slaps Galaxy Digital With $100 Million Suit After Scrapping Buyout Deal
BitGo, a California-based digital asset financial services company, posted a tweet confirming the $100-million lawsuit against Galaxy Digital for breaching its $1.2 billion-merger agreement. The compl...
Crypto Firm BitGo Files $100m Lawsuit against Galaxy Digital for Breaching Acquisition Deal
BitGo has filed a lawsuit against crypto financial services firm Galaxy Digital. The California-based institutional digital asset financial services company is seeking more than $100 million in damage...
BitGo Sues Novogratz’s Galaxy Digital for $100M After Scrapped Acquisition
In brief BitGo has filed suit against Galaxy Digital after the investment firm terminated its planned acquisition of BitGo. Galaxy Digital previously claimed that it would not owe a termination fee fo...
Crypto Custodian BitGo Files $100M Lawsuit Against Galaxy Digital Over Failed Acquisition
Digital assets custodian BitGo on Monday filed a $100 million lawsuit against investment management firm Galaxy Digital for failing to fulfill its acquisition. The complaint will be available to the p...
BitGo drags Galaxy Digital to court over failed acquisition 1
BitGo has announced that it has taken legal proceedings against Galaxy Digital, as announced in an earlier statement some weeks ago. According to the custodian firm, it plans to sue Galaxy Digital in ...