TRUMP team transferred $16.9M in tokens to three Fireblocks custody wallets. Arkham says destination wallets previously forwarded TRUMP holdings to BitGo. Custody transfer raises supply questions but confirms no token sale or exchange deposit. The […]
FTX has about $900 million lined up for July 31, but the payout only reaches creditors who cleared the June 16 checks and completed onboarding with an available provider. FTX announced that holders of allowed […]
Key Takeaways Bitgo announced a 15% layoff to streamline operations, hitting the crypto infrastructure job markets. Bitgo raised $200M in a 2026 IPO, but its stock dropped 70% to $4.8, dampening crypto listing markets. Mike […]
TL;DR BitGo reportedly cut around 15% of its workforce. The move is described as a one-time strategic realignment. The repaired batch says the exact SEC accession link was not available, so the article keeps the […]
TLDR BitGo launched Lightning Earn for institutional bitcoin deployment on Lightning Network The product enables routing-based earnings paid in bitcoin-denominated fees Integration built on Amboss Technologies’ Rails infrastructure Institutional clients deploy BTC into Lightning Network […]
Key Takeaways Mike Belshe warns MiCA limits insurance to €100K, creating system-wide risks for European stablecoins. Recalling how 1 SVB failure depegged USDC in 2023, Belshe warns the banking sector can crash crypto. Bitgo’s CEO […]
Key Takeaways Bitgo is seeking at least $100 million from Galaxy Digital over a failed 2021 merger worth $1.2 billion. Galaxy’s Mike Novogratz testified this week that U.S. regulatory probes did not affect the merger’s […]
Key Takeaways Senator Warren’s scrutiny over OCC trust charters intensified as crypto custody regulation drew broader attention. Crypto custody protections remained central as Belshe said client assets stay segregated from lending activity. Belshe argued that […]
Key Takeaways Multicoin Capital accumulated 338,005 AAVE at a $218 avg via Galaxy Digital OTC and is now sitting on over $40M in losses. Lookonchain flagged that Multicoin appears to be cutting its AAVE position […]
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