Bitgo Slashes 15% of Workforce to Pivot Toward AI-Powered Crypto Infrastructure

Mike Belshe, CEO of the company, stressed that these changes resulted from a pivot to security, trading, stablecoins, and AI-powered infrastructure. The move would affect nearly 90 employees, reducing Bitgo’s total headcount to nearly 520. Crypto Custody Company Bitgo Announces Layoffs Bitgo, a company that offers staking, trading, OTC services, financing, settlement, and provides custody … Read more

Bitgo Europe Gives Crypto Firms a MiCAR-Compliant Alternative Before July Deadline

Bitgo Europe GmbH is opening a regulated infrastructure path for European crypto businesses that face losing their operating licenses as legacy virtual asset service provider registration regimes expire under the European Union’s Markets in Crypto-Assets Regulation. MiCAR Is Replacing the Old System MiCAR has replaced fragmented national crypto registration regimes across the European Economic Area … Read more

Galaxy Digital Faces Bitgo in Court Over $1.2 Billion Deal Gone Wrong

Galaxy Digital founder Mike Novogratz and Bitgo CEO Mike Belshe testified this week in Delaware Chancery Court over a failed $1.2 billion merger that collapsed in 2022, with Bitgo seeking at least $100 million in damages. Bitgo CEO Mike Belshe Challenges Galaxy Digital’s 2022 Merger Termination in Court The case traces back to May 2021, … Read more

Crypto Bank Charter Battle Grows as OCC Clears Coinbase, Ripple, Bitgo and Others

National trust charters pushed crypto custody into a broader regulatory clash as U.S. Senator Elizabeth Warren pressed the OCC over approvals tied to Coinbase, Ripple, Bitgo, and other firms. Bitgo CEO Mike Belshe countered that fiduciary custody separates client property from lending risks. OCC Charter Fight Puts Digital Asset Custody Under Scrutiny The crypto bank … Read more

Multicoin’s DeFi Disaster: Firm Spotted Dumping AAVE After Brutal 55% Drawdown

Onchain data shows Multicoin Capital is now more than $40 million underwater on a large AAVE position built through Galaxy Digital’s over-the-counter (OTC) desk. The firm now appears to be selling. A $73.7 Million Bet Gone Wrong Between October 13 and November 25, 2025, Multicoin Capital received 338,005 AAVE tokens from a Galaxy Digital OTC … Read more

Digital Asset Security Moves Beyond Keys as Bitgo Adds 5-Layer Checks

Bitgo is pushing digital asset security beyond private keys with a five-layer transaction model designed to stop manipulation before execution. The system checks intent, device, identity, behavior, and policy, targeting risks before transactions are finalized. Key Takeaways: Bitgo introduced five security layers for institutional digital asset transactions. Controls address deepfakes, API spoofing, address manipulation, and … Read more

Silence Labs Launches Quantum-Safe Vault to Secure Crypto Custody

Silence Laboratories has launched a quantum-safe custody vault designed to protect digital assets from future cryptographic threats. The system combines post-quantum signatures with multi-party computation to help institutions transition without overhauling existing infrastructure. Key Takeaways: Silence Laboratories launched a quantum-safe vault using NIST’s 2024 ML-DSA standard. Bitgo and Infosys join early tests, signaling rising institutional … Read more

You have not selected any currencies to display