Bitgo Chosen to Manage Seized Cryptocurrencies for the US Marshals Service

Bitgo Chosen to Manage Seized Cryptocurrencies for the US Marshals ServiceThe U.S. Marshals Service has published a contract showing the crypto custodian Bitgo has been chosen to manage law enforcement’s seized bitcoin acquired through criminal forfeiture. The contracted deal is $4.5 million for the storage, maintenance, and disposal of cryptocurrencies according to documents released on Wednesday. USMS Pens a Deal With Bitgo During the last […]

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Bitgo Plans to Launch Wrapped Bitcoin on the Tron Blockchain

Bitgo Plans to Launch Wrapped Bitcoin on the Tron BlockchainSoon there will be another network that allows people to tokenize BTC in order to leverage the underlying blockchain’s speed and fees. On September 24, Bitgo, the custodian of the Wrapped Bitcoin project (WBTC), the most popular tokenized BTC platform to-date, announced a partnership with Tron. Members of the crypto ecosystem will soon be able […]

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Bitgo Obtains $100M Insurance Policy to Cover Crypto Assets

Cryptocurrency wallet service provider Bitgo has secured a $100 million policy through Lloyd’s insurance to cover crypto assets that are completely under the company’s control, such as those held in its business wallet and custody offerings. The policy covers issues like insider theft by employees, loss or damage of private keys and hacks. Also read: Survey […]

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Custodial Bitgo Clients Can Now Access Genesis Global’s OTC Pools

Custodial Bitgo Clients Can Now Access Genesis Global's OTC PoolsOn Wednesday, cryptocurrency custodial service Bitgo and over-the-counter (OTC) brokerage house Genesis Global announced a partnership to provide fast and secure trades directly from Genesis’ cold storage solution. Essentially, institutional investors who store their assets with Bitgo will be able to access cryptocurrency quotes in a high-frequency fashion similar to acquiring stocks or equities from […]

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Bitgo Attains Regulatory Approval in United States

Bitgo Attains Regulatory Approval in United StatesBitgo, a cryptocurrency security and custody company, has been granted regulatory approval to provide its storage services to the United States. Specifically, Bitgo will target U.S.-based institutional investors with its “Bitgo Trust Company.” Also Read: Corporate Creditors Can Now File Claims for Mt Gox Restitution Bitgo Approved by South Dakota Regulators The South Dakota Division of […]

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Bitcoin Price Watch: Currency Up by $300, Possibly Entering Recovery Phase

At press time, the father of cryptocurrency is trading for over $6,500. This is about $300 more than where it stood yesterday. Some analysts are going so far as to say that bitcoin is entering a “recovery phase.” While a $300 jump is a good thing, at this point, we must remain intelligent and come […]

The post Bitcoin Price Watch: Currency Up by $300, Possibly Entering Recovery Phase appeared first on NullTX.

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Bitgo Launches Institutional Grade Custodial Services Suite

Bitgo Launches Institutional Grade Custodial Services SuiteThis weekend the leading cryptocurrency security platform, Bitgo, announced the launch of custodial storage solutions for institutional investors. The new custodial program aims to offer a multi-level suite for digital asset security in partnership with the firm Kingdom Trust. Also read: Markets Update: Cryptocurrencies Lose Steam During the Weekend Bitgo Offers a Secure Custodial Platform for […]

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Jameson Lopp Leaves Bitgo to Launch Casa Wallet for the Crypto Rich

Jameson Lopp Leaves Bitgo to Launch Casa Wallet for the Crypto RichBitgo engineer Jameson Lopp is a Bitgo employee no more. The developer, who is one of the best known figures in bitcoin, has been coaxed away to Casa, a startup seeking to create a secure wallet for the crypto rich. With annual maintenance fees running into five figures, the service is for hodlers with deep […]

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