Crypto Biz: Circle prepares to debut on Wall Street

Stablecoin issuer Circle is moving forward with its public offering debut and plans to shift its headquarters to Wall Street in 2025.

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Coinbases cbBTC surges to third-largest wrapped BTC token in just one week

According to data from CryptoQuant, cbBTC circulation supply has outpaced long-established players seven days after launch. 

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BitGo launches regulated custody platform for native protocol tokens

The US custodians crypto-native clients include Worldcoin, ZetaChain and LayerZero.

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21Shares diversifies custodians to reduce single-point failure risk in crypto ETFs

Asset manager 21Shares has added Anchorage Digital Bank and BitGo as custodians for its spot crypto exchange-traded funds (ETFs) the ARK 21Shares Bitcoin ETF (ARKB) and the 21Shares Core Ethereum ETF (CETH). According to a Sept. 12 statement, Anchorage Digital Bank and BitGo will now work alongside current custodian Coinbase to enhance 21Shares’ spot […]

The post 21Shares diversifies custodians to reduce ‘single-point failure risk’ in crypto ETFs appeared first on CryptoSlate.

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Anchorage Digital Bank, BitGo join Coinbase to custody 21Shares crypto ETFs

The move diversifies spot crypto ETF custodians beyond Coinbase, which has dominated crypto custody for US issuers.

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BitGo deploys wrapped BTC on Avalanche and BNB Chain

Crypto custodian BitGo is now using LayerZeros OFT Standard to deploy its WBTC across more than 80 chains. 

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US crypto firm BitGo wins payment license in Singapore

Before receiving the license, BitGo served users in Singapore and APAC, but the offering included only custody services from the US South Dakota Trust and hot wallets.

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DeFi protocol Threshold proposes Bitcoin wrapper merger to save WBTC

The proposal would effectively transfer control of WBTC to Threshold. 

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Crypto investors redeem over $30 million WBTC as MakerDAO halts new loans

MakerDAO, the decentralized autonomous organization behind the DeFi protocol Maker, has approved a proposal to halt new borrowing against BitGo’s wrapped Bitcoin (WBTC). On Aug. 15, MakerDAO revealed that it was reducing the debt ceiling for all WBTC vaults to zero. This move effectively prevents any new borrowing from these vaults and lowers WBTC’s loan-to-value […]

The post Crypto investors redeem over $30 million WBTC as MakerDAO halts new loans appeared first on CryptoSlate.

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BitGo moves $2 billion in Bitcoin, marking progress in Mt. Gox repayments

Blockchain analytical firm Arkham Intelligence reported that crypto custodial service provider BitGo moved $2 billion of Mt. Gox’s Bitcoin to a new wallet, “bc1qpn,” according to an Aug. 13 post on X. Currently, the wallet holds 33,023 Bitcoin, valued at $1.96 billion, following recent market fluctuations that have pushed BTC’s value to below $60,000 as […]

The post BitGo moves $2 billion in Bitcoin, marking progress in Mt. Gox repayments appeared first on CryptoSlate.

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Mt. Goxs suspected $2.1B BTC Bitgo wallet activates

A test transaction from a dormant Mt. Gox wallet triggers speculation around Bitgos role in the ongoing Bitcoin distribution to creditors.

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Binance.US gets greenlight to invest customer assets in Treasury Bills

The court stipulated that Binance could invest customer funds custodied at BitGo in Treasury Bills maturing along a four-week basis.

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BitGo integrates Stacks for Bitcoin rewards, following institutional BTC demand

The integration comes due to growing institutional demand for Bitcoin, according to Stacks ecosystem investor lead.

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BitGos $100M suit against Galaxy can proceed Delaware Supreme Court

After being dismissed by the Delaware Court of Chancery in 2023, the states supreme court ruled the definition of the merger agreement between BitGo and Galaxy was ambiguous.

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Rain exchange suffered $14.1M in suspicious outflows 2 weeks ago ZachXBT

Several wallets reportedly belonging to Rain sent suspicious token transfers to a new address.

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BitGo Becomes First Crypto Custodian to Secure MiCA License in Germany

BitGo, a leading provider of cryptocurrency custody services, has successfully acquired a MiCA license in Germany. This milestone achievement positions BitGo as one of the first companies to obtain this license under the Markets in Crypto-Assets Regulation (MiCA) in Germany. The MiCA framework aims to regulate various crypto-asset service providers within the European Union, ensuring [...]

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Crypto giants Circle and Coinbase reportedly eye US banking licenses amid regulatory thaw

A growing number of leading crypto firms, including Circle, Coinbase, BitGo, and Paxos, are reportedly preparing to apply for banking licenses in the United States. According to sources cited by The Wall Street Journal, the firms are leveraging a wave of pro-crypto sentiment in Washington to advance their long-term plans. The report noted that each […]

The post Crypto giants Circle and Coinbase reportedly eye US banking licenses amid regulatory thaw appeared first on CryptoSlate.

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Bitgo Launches Storage and Tracking Solution for Bitcoin-Based Ordinal Inscriptions

On Thursday, digital asset custody provider, Bitgo, announced the launch of its storage and tracking solution for Bitcoin-based Ordinal inscriptions. Moreover, users can use Bitgo’s Ordinal inscription storage system to inscribe their own inscriptions onto the Bitcoin blockchain. Bitgo’s New Solution Allows for Safe Sending of Ordinal Inscriptions Bitgo has announced a new storage solution [...]

The post Bitgo Launches Storage and Tracking Solution for Bitcoin-Based Ordinal Inscriptions appeared first on Crypto Breaking News.

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BitGo Introduces Solution To Securely Store Ordinal Inscriptions On

BitGo has introduced a new security solution to protect Ordinals inscriptions from accidental transfers and enable users to inscribe their own content onto Bitcoin.

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White House Crypto Chief David Sacks Sells Digital Assets Post-Inauguration

White House AI and cryptocurrency czar David Sacks and his firm, Craft Ventures, have sold their direct cryptocurrency holdings following Donald Trumps inauguration

The post White House Crypto Chief David Sacks Sells Digital Assets Post-Inauguration appeared first on Kanalcoin.

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