Galaxy Digital delays BitGo acquisition to later on in 2022
The acquisition is scheduled to follow Galaxy’s domestication in Delaware, which is expected to become effective between Q2 and Q4 of 2022. Go to Source Powered by WPeMatico
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Coinbase and 17 Other Crypto Firms Launch ‘Travel Rule Universal Solution Technology’
On Wednesday, the publicly-listed cryptocurrency firm Coinbase announced the launch of a collaborative effort called TRUST, which stands for “Travel Rule Universal Solution Technology.” The plan is described as an “industry-driven solution” developed to comply with the Financial Action Task Force (FATF) Travel Rule. There are currently 18 crypto firms that have joined TRUST so … Read more
Avalanche eyes 60% rally as AVAX price breaks out of bull flag
The bullish setup also emerged as crypto custodian BitGo announced that it would add AVAX to its service portfolio. Go to Source Powered by WPeMatico
Novogratz’s crypto firm Galaxy Digital delays US stock listing to 2022
After initiating the BitGo acquisition in May, Galaxy Digital expects to close the deal in the first three months of 2022. Go to Source Powered by WPeMatico
BitGo integrates Stacks, bringing Bitcoin DeFI to institutions
Stacks is bridging decentralized finance and the Bitcoin network. BitGo users will now have access to BTC yield directly through STX token. Go to Source Powered by WPeMatico
MetaMask pushes institutional offering with BitGo integration
The rise of crypto custody continues as more institutional investors seek exposure to Bitcoin, Ether and decentralized finance. Go to Source Powered by WPeMatico
Former BitGo employee will help deploy Andreessen Horowitz’s $2.2B crypto fund
Arianna Simpson has been a general partner at the venture capital firm for more than a year as a16z led several high-profile raises for crypto and blockchain companies. Go to Source Powered by WPeMatico
Visa to approve Bitcoin spending card for Australian startup CryptoSpend
Crypto debit cards continue to catch on as an Australian digital assets start-up gets approval from Visa to release a spending card down under. Go to Source Powered by WPeMatico
Crypto Travel Rule Working Group Launches 2.0 Protocol ‘Solving the Discoverability Problem’
Just before the Financial Action Task Force (FATF) published the organization’s 12-month review, a working group called the Travel Rule Protocol (TRP) released its 2.0 version of the TRP crypto application programming interface (API) in order to “simplify the end-user crypto exchange experience.” TRP is backed by big banks like Fidelity Investments, Standard Chartered, and … Read more
One percent of Bitcoin’s supply has been locked in the WBTC protocol
More than $6 billion worth of Bitcoin is now tokenized on Ethereum as WBTC. Go to Source Powered by WPeMatico