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The Latest Breaking News from BitGo

Term Sheet Next: How a16z crypto’s Arianna Simpson has navigated the blockchain rollercoaster

After an early job at BitGo, Simpson has made her name as one of crypto’s top investors.

Fortune

Trump-Backed WLFI's $USD1 Becomes Fastest-Rising Stablecoin From $0 To $1B Market Cap

$USD1, World Liberty Financial's stablecoin, has become the fastest-rising stablecoin in terms of market cap, even as concerns remain around the DeFi venture's $WLFI token and listing on major exchanges.

International Business Times

Trump Crypto Summit: Ripple, WLFI, MARA, Gemini, Other Confirmed Big-Time Attendees

President Trump has invited some of the crypto industry's most prominent leaders as he is set to host the White House's first ever digital assets summit Friday.

International Business Times

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Digital asset custodian Bitgo reportedly weighs IPO as soon as this year

Bitgo joins a number of crypto companies eyeing IPOs in 2025, including Gemini and Bullish, Bloomberg reports.

Fortune

The birth of a new $BTC whale: $1.4 billion Bitcoin in 10 days

A new Bitcoin whale is receiving much attention after the large $BTC holder snapped up nearly $1.4 billion worth of the digital currency in just 10 days. Is the wallet related to Xapo Bank?

International Business Times

Most Bitcoin ETFs Keep All Their Eggs In One Basket. Is That Risky?

Coinbase is the custodian for most of the new bitcoin ETFs. How are crypto custodians maintaining security?

Investors Business Daily

Swan raises $40 million to build out institutional offerings such as Bitcoin-backed lending

The company led by Cory Klippsten has quietly become one of the largest in crypto through its Bitcoin-only approach.

Fortune

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Fortress CEO says hackers stole up to $15 million, mostly in Bitcoin, prior to Ripple acquisition

The crypto custodian had previously not disclosed the extent of the hack.

Fortune

Future of Finance: BitGo CEO Mike Belshe on the company's recent funding round and why crypto is an alternative to "bad money"

BitGo CEO Mike Belshe had a decade-long career in tech and is now aiming to revolutionize finance with crypto.

Fortune

Crypto Market Slightly Tumbles As BitGo Withdraws Acquisition Of Prime Trust

Bitcoin momentum could make a run towards the mid-$30,000 region, but global hawkishness could kill risk appetite.

Zenger

It's 'going to be a struggle' for customers of Binance-linked Prime Trust after BitGo terminates acquisition plan

BitGo CEO Mike Belshe said Prime Trust didn't have the necessary finances to complete the deal.

Fortune

$740M in crypto assets recovered in FTX bankruptcy so far

The company tasked with locking down the assets in the failed cryptocurrency exchange FTX said they’ve managed to recover and secure $740 million in assets so far, a fraction of the potential billions that is likely missing from bankrupt company’s coffers

The Independent UK

Galaxy Digital Reorganizing After Backing Out Of $1.2 Bil Buyout Deal

Galaxy Digital says it will reorganize and go public after backing out of its $1.2 billion deal to buy cryptocurrency services company BitGo.

Investors Business Daily

Benzinga Before The Bell: Elon Musk May Get Info It Wants From Twitter, Apple To Lay Off 100 Recruiter Contractors, Saudi's Investment Fund Picks Stocks Of US Big Tech And Other Top Financial Stories Tuesday, August 16

Reuters

Benzinga

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