BitGo has announced crypto insurance plans up to $100 million through Lloyd’s of London
Powered by WPeMatico
Crypto Financial Services Firm to Offer Crypto Insurance Through Lloyd’s of London
Category: BitGo
Auto Added by WPeMatico
On.Live Is Pleased to Announce That ONL Token Holders Can Now Use Bitgo’s Industry-Leading Wallet and Custodial Offerings
BitGo is the market leader in digital asset financial services providing security, compliance, custodial, liquidity solutions for institutional investors. BitGo is the world’s largest processor of on-chain bitcoin transactions, processing 15% of global Bitcoin transactions and $15 billion per month across all cryptocurrencies. In 2018, BitGo introduced BitGo Custody and launched BitGo Trust Company, the first qualified custodian purpose-built for storing digital assets. BitGo Business Wallets and BitGo Custody are used by hundreds of clients around the world including the largest cryptocurrency exchanges. Since its inception in 2013, BitGo has been focused on the institutional market and that makes working
The post On.Live Is Pleased to Announce That ONL Token Holders Can Now Use Bitgo’s Industry-Leading Wallet and Custodial Offerings appeared first on The Merkle Hash.
Powered by WPeMatico
The Wrapped Bitcoin Project Has Officially Launched on Ethereum
On Jan. 30, a group of cryptocurrency developers and organizations officially launched a project called Wrapped Bitcoin (WBTC) on the Ethereum network. The ERC20 token is a coin backed by bitcoin core (BTC) reserves and has started trading on several exchange platforms. Also read: A Look at Openbazaar’s Multi-Currency Wallet and Vendor Listings The Introduction of […]
The post The Wrapped Bitcoin Project Has Officially Launched on Ethereum appeared first on Bitcoin News.
Powered by WPeMatico
OTC Desks Proliferate as Volume Shifts From Spot Markets
While trading volume on the top cryptocurrency exchanges declined dramatically during the second half of 2018, all signs suggest that over-the-counter (OTC) markets are now attracting increasing liquidity, with a number of prominent cryptocurrency exchanges entering the OTC space. Additionally, several major existing OTC desks have recently spoken of experiencing significant growth in trade volume. […]
The post OTC Desks Proliferate as Volume Shifts From Spot Markets appeared first on Bitcoin News.
Powered by WPeMatico
Custodial Bitgo Clients Can Now Access Genesis Global’s OTC Pools
On 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 […]
The post Custodial Bitgo Clients Can Now Access Genesis Global’s OTC Pools appeared first on Bitcoin News.
Powered by WPeMatico
Wrapped Bitcoin Is Coming to Ethereum
Bitcoin core is poised to make its Ethereum debut. An initiative involving several decentralized exchanges (DEXs) as well as crypto-custodians Bitgo will see BTC become WBTC, with the W standing for “wrapped.” When WBTC launches in January 2019, it will enable ethereum-based bitcoin to be traded on DEXs, boosting liquidity and opening the Ethereum ecosystem […]
The post Wrapped Bitcoin Is Coming to Ethereum appeared first on Bitcoin News.
Powered by WPeMatico
The Daily: Goldman Sachs Invests in Wallet, Institutional Traders Borrow $553M
In today’s edition of The Daily we cover stories about the latest investment in the cryptocurrency space by Goldman Sachs, the amount institutional traders borrowed in the last six months from just one OTC desk, research on state-sponsored hackers, and a new security tool from Coinbase. Also Read: Security Giant G4S Offers Protected Offline Cryptocurrency […]
The post The Daily: Goldman Sachs Invests in Wallet, Institutional Traders Borrow $553M appeared first on Bitcoin News.
Powered by WPeMatico
Goldman Sachs and Novogratz Participate in Bitgo’s $58 Million Series B Funding
The race for the cryptocurrency custodial king is quickly heating up. Just days after Fidelity Investments announced that it would offer crypto security and storage services, BitGo has announced the closing of its Series B funding round. The startup offers crypto custody solutions through its BitGo Trust subsidiary. The $58.5 million round saw participation from […]
The post Goldman Sachs and Novogratz Participate in Bitgo’s $58 Million Series B Funding appeared first on NullTX.
Powered by WPeMatico
$10 Trillion US Exchange Takes a Step Toward Crypto: Nasdaq Bids for Cinnober
News wires buzzed this week when the National Association of Securities Dealers Automated Quotations (Nasdaq) announced its pending purchase of Swedish crypto-friendly stock exchange Cinnober. Nasdaq made “an USD 190m all cash recommended public offer” to the exchange, which it terms a major “financial technology provider to brokers, exchanges and clearing houses worldwide.” It could […]
The post $10 Trillion US Exchange Takes a Step Toward Crypto: Nasdaq Bids for Cinnober appeared first on Bitcoin News.
Powered by WPeMatico
Bitgo Attains Regulatory Approval in United States
Bitgo, 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 […]
The post Bitgo Attains Regulatory Approval in United States appeared first on Bitcoin News.
Powered by WPeMatico