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Nalezeno "Bitgo": 366

BitGo terminates acquisition of Prime Trust

22.6.2023
The acquisition was called off two weeks after BitGo publicly disclosed its non-binding letter of intent to acquire Prime Trust

Crypto Custody Firm BitGo Cancels Acquisition of Rival Prime Trust

22.6.2023
Prime Trust has been losing clients and deposits to competitors for weeks amid mounting concerns over its business, a source at one former client told CoinDesk

Custodian Prime Trust’s Payments Subsidiary Banq Files for Chapter 11 Bankruptcy Protection

15.6.2023
Shortly after the custodian Bitgo announced its acquisition of the company Prime Trust, its payments subsidiary, a firm called Banq, filed for Chapter 11 bankruptcy protection in the United States. According to court documents, the filing reveals that Banq listed approximately $17.725 million...

Prime Trust subsidiary Banq files for bankruptcy amid BitGo acquisition deal

14.6.2023
Prime Trust payment subsidiary Banq files for bankruptcy, citing “unauthorized’ asset transfers to Fortress Group

Judge Rules in Favor of Galaxy Digital in Case Against BitGo Over $1.2 Billion Deal Cancellation

13.6.2023
In a recent development, a federal judge in Delaware has ruled in favor of Galaxy Digital, the crypto merchant bank led by Mike Novogratz. The case pertains to the termination of a $1.2 billion acquisition deal with BitGo. The court dismissed BitGo's lawsuit, stating that Galaxy had a valid basis...

BitGo's Suit Against Galaxy Digital Over Canceled $1.2B Purchase Dismissed by Delaware Judge

12.6.2023
Crypto custodian BitGo had agreed to a sale to Galaxy Digital in May 2021, but Galaxy pulled out of the deal last August amid the industry’s sustained bear market

US court dismisses BitGo’s claims in $100M lawsuit against Galaxy Digital

12.6.2023
Vice Chancellor J. Travis Laster of the Delaware Court of Chancery said Galaxy had a “clean termination right” to the acquisition of BitGo, which it announced in 2022

Digital Asset Trust Firm Bitgo Sets Sights on Prime Trust Acquisition

9.6.2023
In a recent development, Bitgo, the digital asset trust firm, disclosed that it has penned a letter of intent to acquire Prime Trust, a crypto custodian based in Nevada. Should the acquisition proceed, Prime Trust would become an integral part of Bitgo’s network of regulated trust companies....

BitGo Announces Landmark Deal to Acquire Crypto Custodian Prime Trust

9.6.2023
BitGo Holdings Inc., the renowned digital asset trust and security company, has revealed plans to acquire 100% of the equity of Prime Core Technologies, Inc., the parent company of Prime Trust. The development marks a watershed moment for the Prime Trust clients, positioning them to enjoy business...

Bitcoin Price and Ethereum Prediction: US SEC Lawsuit, FTX Bankruptcy, and BitGo Updates Unveiled

9.6.2023
Bitcoin and Ethereum, two of the leading cryptocurrencies, have been in the spotlight recently due to significant developments surrounding the US Securities and Exchange Commission (SEC) lawsuit, the bankruptcy of FTX exchange, and the acquisition deal involving BitGo. These updates have brought...

Crypto custodian BitGo signals intent to acquire Prime Trust

9.6.2023
Should the deal go through, Prime Trust’s infrastructure will “map over 1:1” with BitGo’s services, and add another trust company and crypto IRA fund

Crypto Custody Firm BitGo Reaches Preliminary Agreement to Buy Prime Trust: Source

8.6.2023
Cryptocurrency custody firm BitGo is seeking to buy Prime Trust, another crypto custody specialist regulated in the state of Nevada, according to a person familiar with the matter

U.S. Lawmakers Can Get Crypto Regulations Right if They Act Now

22.5.2023

Today in Crypto: Nigeria's Government Approves a National Blockchain Policy, CEX Trade Volumes Fall for 1st Time in 3 Months, INX Works with BitGo to Launch a Pilot Wallet Management Solution for Regulated Security Tokens

4.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Nigeria's Government Approves a National Blockchain Policy, CEX Trade Volumes Fall for 1st Time in...

Securities token platform launches MPC wallet for institutions

3.5.2023
The Web3 wallet allows institutions to control which employees are allowed to use the tokens held within it

Dfinity Foundation Launches Chain-Key Bitcoin, a Native Internet Computer BTC Derivative Token

3.4.2023
On April 3, 2023, the Dfinity Foundation, a development team behind the Internet Computer (ICP) network, announced the launch of a native ICP token called “chain-key bitcoin” or “ckBTC.” The bitcoin derivative is backed 1:1 with the leading cryptocurrency asset....

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

31.3.2023
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....