2023-8-25 12:46 |
A separate 2021 wallet bungle by the crypto custodian, taken into receivership in July, cost it $76 million, the CEO said in a court filing.
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PolySign chief Jack McDonald shared yesterday that he intends to look into ways of expanding company's XRP business
2023-5-18 16:40 | |
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Ray Youssef, the co-founder of Bitcoin marketplace Paxful, has assured creditors that the platform is under the supervision of a custodian and he will not 'run off' with the funds. The post Paxful CEO Assures Creditors: ‘Ray’s Not Running Off’ With Funds Before Stepping Down appeared first on BeInCrypto.
2023-4-17 13:45 | |
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According to Powell, a complete proof-of-reserve audit must include the sum of client liabilities, user-verifiable cryptographic proof that each account was included in the sum and signatures proving the custodian’s control over the wallets.
2022-11-26 08:11 | |
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CryptoQuant CEO opines that Bitcoin (BTC) could rival top custodian banks as seven of the nine largest custodian banks have entered crypto custody in 2022
2022-10-12 03:36 | |
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The CEO of crypto custodian Copper also led the round for the trading bot-driven ecosystem.
2022-9-23 19:30 | |
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The former head of cryptocurrency exchange Binance's U.K. operations has been appointed as CEO of Eqonex, the parent of crypto custodian Digivault.
2022-3-17 14:12 | |
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CEO Zac Prince called the timing of the BlockFi Bitcoin Trust launch “ideal. ” Last month, the popular crypto lender, which paid a record $28 million in interest, also ran an OTC desk and cleared the first-ever block trade for Ethereum futures on Monday.
2021-2-10 21:08 | |
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Speaking to Cointelegraph, the CEO of security token custodian Digivault predicted that regulatory clarity will light the fuse for the tokenization revolution.
2020-6-9 11:33 | |
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The CEO of Kingdom Trust, a regulated custodian managing over $13 billion in assets, believes a generational shift will soon open the $28 trillion retirement industry to Bitcoin.
2020-6-3 11:10 | |
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Cryptocurrency custodian, BitGo, launches a prime brokerage service for institutional investors. According to the CEO of BitGo, Mike Belshe, speaking on the launch this Wednesday, the service will offer institutions the best trading prices across four of the top 10 exchanges.
2020-5-29 19:33 | |
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In 2020, Bitcoin has been following stock markets religiously, so much so that their correlation went to a new high. But now, the flagship cryptocurrency seems to be making a shift from that. Talking about this, the CEO of Bitcoin custodian BitGo, Mike Belshe explained how the first wave we saw was a lot of […]
2020-4-4 18:40 | |
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Crypto custodian Bakkt’s chief executive Kelly Loeffler has reportedly been picked by Governor Brian Kemp to serve in the U. S. Senate until the special election in November 2020. Loeffler will likely be asked next week to serve as the replacement of U.
2019-11-30 01:40 | |
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Koine, an institutional custodian and settlement service for digital assets and e-money, has appointed former CEO of SIX Digital Exchange (SDX), Martin Halblaub, as Chair of its advisory board, effective January 1st, 2020.
2019-11-26 14:58 | |
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After securing a license from the state of South Dakota, Anchorage Trust Company will set up its headquarter in Sioux Falls. U. S. Sen. Mike Rounds of South Dakota confirmed the news of the removal of the regulatory hurdle in a U.
2019-7-17 19:03 | |
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By CCN Markets: In the wake of high-profile hacks such as the $44 million recently removed from Binance’s coffers, BitGo CEO Mike Belshe spoke at Coindesk’s Consensus 2019 on matters including security and how this is hindering the will of institutions to involve themselves in Bitcoin and other digital assets.
2019-6-17 12:58 | |
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Brian Armstrong, CEO of Coinbase, recently shared that his company’s custodian service is managing over $1 billion in cryptocurrency assets. Speaking at Consensus, the Coinbase CEO revealed that the custodial portion of his U.
2019-5-16 23:30 | |
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BitGO CEO Talks About Fidelity, Goldman Sachs and Their Crypto Custody Plans The CEO of BitGo, Mike Belshe, has recently talked about his expectations for Goldman Sachs’ and Fidelity’s crypto custody plans and affirmed that the company welcomes the competition.
2019-3-8 23:14 | |
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BitGo, a crypto custodian backed by Goldman Sachs, is offering up to $100 million in insurance coverage for cold-wallet assets through Lloyd’s. There is no additional cost to BitGo clients. In a press release, the company said the $100 million of insurance coverage protects custodial assets held by BitGo against: Third-party hacks.
2019-2-20 03:50 | |
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Hwang Hyeon-cheol, a former Citi and Allianz executive who worked on Wall Street for over two decades, has said that the valuation of the crypto market is still smaller than Samsung, the largest conglomerate in South Korea.
2019-2-19 01:41 | |
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American crypto wallet and custodial firm BitGo has teamed up with Genesis Global Trading, a digital asset trading firm, to improve the crypto trading experience for its institutional investors.
2019-1-17 01:02 | |
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BitGo has a new CEO for its custody business. The cryptocurrency solution provider has recruited Richard Corcoran as its new chief executive officer. Having retired some years back after over 30 years in the traditional banking and finance industry, Corcoran has come out of retirement to lead the BitGo Trust Company, BitGo's crypto custody arm.
2018-12-8 21:38 | |
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In the latter half of 2018, few developments have occupied crypto investors’ headspaces like the industry’s indefatigable pursuit of a bitcoin exchange traded fund (ETF).
2018-11-9 20:03 | |
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Dark pool platform Republic Protocol has teamed with crypto custodian BitGo and decentralized liquidity pool Cyber Network to launch a Bitcoin-backed ERC20 token on the Ethereum blockchain. The announcement was made Friday by Republic Protocol CEO Taiyang Zhang via a company Medium post, and has a lot of people in the crypto space already buzzing.
2018-10-27 13:00 | |
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Coinbase has secured approval from New York state regulators to act “as a limited purpose trust company” in the state, a press release reveals. According to the release, the New York Department of Financial Services (DFS) has officially signed off on an application for the Coinbase Custody Trust Company, a subsidiary of Coinbase Global, Inc.
2018-10-24 00:55 | |
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BitGo, a major Palo Alto-based cryptocurrency startup, is adding Stellar Lumens (XLM) and Dash (DASH) to its list of cryptocurrencies that it offers custodian solutions for, signaling that the two cryptocurrencies are seen as being unique and practical enough to pass the company’s selective coin addition process.
2018-10-6 01:00 | |
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BitGo has received the green light from the South Dakota Division of Banking to act as a qualified custodian for digital assets, according to a Business Wire press release.
2018-9-14 20:01 | |
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New York-based multinational investment bank Goldman Sachs is making another step forward in its bet on the cryptocurrency market. The firm, led by chairman and CEO Lloyd Blankfein, is reportedly considering a plan to offer custody for cryptocurrency funds.
2018-8-7 12:00 | |
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Bankrupt cryptocurrency exchange FTX has proposed a new reorganization plan that would see a whopping 98% of its creditors get back 118% of their claims – in cash – within 60 days of court approval, according to new documents filed Tuesday evening.
AI firm Anthropic has blocked Saudi Arabia from engaging in the sale process of 8% of its shares — currently owned by defunct crypto exchange FTX, CNBC reported on March 22, citing people familiar with the matter.
John J. Ray III Fires Back Against SBF’s ‘Delusional’ Claims Customers Lost No Money in FTX Collapse
London-based investment firm Attestor Capital, a top holder of FTX bankruptcy claims, has filed suit against a FTX creditor who allegedly promised to sell the firm two FTX accounts, only to back out of the deal once the value of its claims skyrocketed.
Gemini told the New York Department of Financial Services it would return at least $1.1 billion to its Earn customers after Genesis Global Capital wraps up its bankruptcy process, according to NYDFS.
Defunct crypto exchange FTX has secured court approval to sell its stake in artificial intelligence (AI) startup Anthropic Holdings, potentially adding over $1 billion to its assets earmarked for repaying creditors.
Digital Currency Group (DCG) is objecting to the settlement between the New York attorney general and Genesis – the failed crypto lender that was among DCG's array of digital assets businesses.