BitGo Custodian Reveals $250 Million Bitcoin Holdings
The custody service BitGo said that it holds Bitcoin on its balance worth $250 million (about 4,835 BTC at the time of writing). CoinDesk reports, citing BitGo CEO Mike Belshe.
BitGo Custodian Reveals $250 Million Bitcoin Holdings
The custody service BitGo said that it holds Bitcoin on its balance worth $250 million (about 4,835 BTC at the time of writing). CoinDesk reports, citing BitGo CEO Mike Belshe.
KPMG, Coin Metrics and BitGo to Combine Offerings to Popularise Cryptocurrencies
BitGo, the custodian, has joined the alliance of one of the world's leading audit firms, KPMG, and analytics firm Coin Metrics. It aims to support institutional adoption of cryptocurrencies and blockchain, according to the press release.
Tesla board member Antonio Gracias linked to BitGo and ErisX in top management roles
Antonio Gracias, a board member of Tesla and SpaceX and founder of the Valor investment firm, is connected to two cryptocurrency companies. The Telegraph reports this.
BitGo hires former Coinbase compliance chief
Former Coinbase director of regulatory compliance Jeff Horowitz has moved to a similar role at the custody service BitGo.
BitGo to pay fine for OFAC sanctions violations
The custodial service BitGo has agreed to pay a fine of $93,830 as part of a settlement of allegations of OFAC sanctions regime violations by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC).
Media: PayPal abandons bid to acquire BitGo
The payments giant PayPal has exited the deal to acquire the crypto custody service BitGo. Fortune reports, citing several sources.
PayPal weighs BitGo acquisition, Bloomberg reports
The payments company PayPal is considering options to acquire cryptocurrency companies to expand its product line. Among them is the custodian BitGo, Bloomberg reports, citing familiar sources.
BitGo to consider launching an Ethereum sidechain for WBTC amid high fees
BitGo, the custodian, will discuss with developers and the community the possibility of launching an Ethereum sidechain to transfer Wrapped Bitcoin (WBTC). The move was prompted by rising fees in the Ethereum network, according to CoinDesk.
Goldman Sachs and Mike Novogratz’s Galaxy Digital Invest in Cryptocurrency Custodian BitGo
Goldman Sachs Group Inc. and billionaire Mike Novogratz’s Galaxy Digital Ventures have announced they are investing $15 million in cryptocurrency custodian BitGo Holdings Inc.
BitGo Boosted by Approval to Become a Regulated Cryptocurrency Custodian
Crypto security startup BitGo has today received green light from the South Dakota Division of Banking to act as a qualified custodian for digital assets, meaning it can now offer institutional clients a regulated storage solution for cryptocurrencies.We use cookies to improve the quality of our service.
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