Daily Crypto News & Musings

Latest News and Articles about BitGo

BitGo Starts FTX Creditor Payouts Phase 2, But Delays and Access Issues Frustrate Users

BitGo Rolls Out Second Phase of FTX Creditor Payouts, But Delays and Frustrations Persist Almost three years after the spectacular implosion of FTX, one of the crypto world’s most infamous disasters, BitGo, a prominent crypto custodian, has started crediting accounts in the second phase of creditor repayments. Yet, with funds locked, billions still unpaid, and […]

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DeFi Development Corp Adds $9.9M in Solana, Signals Major Blockchain Shift

DeFi Development Corp Boosts Solana Holdings: A Strategic Shift to Blockchain DeFi Development Corp, formerly Janover, has made a significant move by adding $9.9 million worth of Solana (SOL) to its treasury, signaling a deep commitment to the blockchain ecosystem. This acquisition, facilitated through BitGo’s over-the-counter desk, positions the company as a key player in […]

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Circle and BitGo Seek U.S. Bank Licenses, Boosting Crypto’s Mainstream Ambitions

Crypto Giants Circle and BitGo Eye U.S. Bank Licenses: A Leap Towards Mainstream Finance In a groundbreaking move, crypto giants Circle and BitGo are set to shake up the financial world by seeking U.S. bank licenses. This bold step could integrate cryptocurrencies deeper into the traditional banking system, a move supported by the Trump administration’s […]

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BitGo CEO Advocates for Crypto Regulation After Galaxy Digital’s $200M Luna Settlement

BitGo CEO Backs Crypto Oversight After Galaxy Digital’s $200M Settlement Galaxy Digital’s $200 million settlement with the New York Attorney General (NYAG) over allegations of unethical promotion of Luna cryptocurrency has sparked a call for increased regulation from BitGo CEO Mike Belshe. BitGo CEO supports crypto regulation Galaxy Digital settles for $200M over Luna promotion […]

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BitGo and Republic Partner to Tokenize Private Equity, Expanding Access to Investors

BitGo and Republic Partner to Democratize Private Equity Investments Through Blockchain Tokenization BitGo, a leading digital asset solutions provider, has joined forces with Republic, a New York-based investment platform, to make private equity investments more accessible to individual investors through blockchain technology. BitGo and Republic partner to bring private equity on-chain. Tokenization of Hamilton Lane […]

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BitGo and Copper Launch Secure Trading on Deribit with Off-Exchange Settlement

BitGo and Copper Launch Secure Trading Solution on Deribit BitGo and Copper have joined forces to introduce a groundbreaking trading solution on Deribit, featuring off-exchange settlement. This partnership aims to enhance the security and efficiency of trading spot and derivatives by integrating BitGo’s qualified custody and Copper’s ClearLoop technology. BitGo and Copper introduce trading solution […]

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FTX Begins $16 Billion Payout: Key Details and Market Impact Revealed

5 January 2025 Daily Feed , , ,

FTX Payout Plan Officially Takes Effect Today, A Key Milestone for Creditors Today marks a pivotal moment for those affected by the FTX crypto exchange’s collapse, as the long-awaited repayment plan officially begins. This plan promises to redistribute approximately $16 billion back to creditors, offering a glimmer of hope while highlighting the challenges in managing […]

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BitGo CEO Predicts Bitcoin Surge in 2025 Due to Regulatory Support and Corporate Adoption

BitGo CEO Mike Belshe’s Bullish Outlook: Bitcoin Set for Gains in 2025 BitGo CEO Mike Belshe is riding high on optimism for Bitcoin’s future, forecasting significant gains in 2025. His confidence stems from a combination of regulatory improvements, a new administration’s support, and the growing trend of corporate adoption of Bitcoin as an inflation hedge. […]

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