Tag: BitGo
BitGo Raises $100M After Scrapping Prime Trust Deal: Bloomberg
The raises comes nearly two months after BitGo ended its plan to buy beleaguered rival Prime Trust.
www.coindesk.com [...]
Prime Trust, Which BitGo Had Planned to Buy, Looks Poised for Potentially Massive Layoffs, Sources Say
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Crypto Custody Firm BitGo Hires Former Genesis Exec Matthew Ballensweig to Lead Go Network
“This next era of institutional adoption has to be done via a tech-focused mindset first; you can't just throw a balance sheet at it,” Ballensweig sai [...]
BitGo Has Other Acquisitions Pending Following Aborted Prime Trust Purchase
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BitGo terminates acquisition of Prime Trust
On June 22, wallet infrastructure provider and digital asset custodian BitGo announced on Twitter that it had decided to cancel its acquisition of fin [...]
Cryptp Custody Firm BitGo Cancels Prime Trust Acquisition
BitGo made the decision after "considerable effort and work to find a path forward with Prime Trust."
www.coindesk.com [...]
Prime Trust subsidiary Banq files for bankruptcy amid BitGo acquisition deal
The payments subsidiary of crypto custodian Prime Trust, Banq, filed for bankruptcy protection in the United States on June 13, court documents show.. [...]
Galaxy Digital’s Termination of $1.2B Acquisition of Crypto Custodian BitGo Upheld by Federal Judge
The two initially agreed to a deal in May 2021, with Galaxy looking to become a one-stop shop for prime brokerage services geared toward institutional [...]
Crypto custodian BitGo signals intent to acquire Prime Trust
Wallet infrastructure provider and digital asset custodian BitGo have signed a non-binding letter of intent to acquire fintech infrastructure provider [...]
Crypto Custody Firm BitGo Reaches Preliminary Agreement to Buy Prime Trust: Source
The need for safekeeping and storage of cryptocurrencies, particularly for institutional customers and high net worth individuals, has driven digital [...]
Crypto Custody Firm BitGo Releases Security Features Aimed at Bitcoin Ordinals
"Bitcoin Ordinals brought an entirely new layer of engagement to the Bitcoin network but, upon launch, the surrounding ecosystem missed key security c [...]
BitGo patches critical vulnerability first discovered by Fireblocks
Cryptocurrency wallet BitGo has patched a critical vulnerability that could have exposed the private keys of retail and institutional users.Cryptograp [...]
Investors might have avoided FTX if the SEC had addressed Bitcoin ETFs, says BitGo CEO
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 inaug [...]
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 [...]
BitGo Joins Dogecoin Frenzy as Crypto Custody Firm Rolls Out a Wrapped Version
The announcement comes as DOGE surged 102% in October
www.coindesk.com [...]