Hashdex files S-1 for ETF to hold Bitcoin, Ether and potentially others
The Hashdex Nasdaq Crypto Index US ETF could see other cryptocurrencies added down the track, subject to all the necessary approvals. Go to Source
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Bitcoin Rewards App Fold to Become Publicly Traded Company Through Merger
Fold Inc., a bitcoin financial services firm, is set to go public through a merger with FTAC Emerald Acquisition Corp., a special purpose acquisition company (SPAC). The transaction, expected to close in the fourth quarter of 2024, will see Fold listed on Nasdaq under a new ticker symbol. Fold to Go Public Through Merger with … Read more
BitGo integrates Stacks for Bitcoin rewards, following institutional Bitcoin demand
The integration comes due to growing institutional demand for Bitcoin, according to Stacks’ ecosystem investor lead. Go to Source
Declining But Dominant: WBTC Maintains Market Lead Over BTCB, RBTC, LBTC, and Other Derivatives
The Wrapped Bitcoin (WBTC) protocol, initiated by Bitgo in 2019, holds the title of the largest BTC derivative project by market capitalization, and to date, no other project has exceeded its scale. Nonetheless, the past few years have seen a significant decline in the number of wrapped bitcoins in circulation, with more than 32% of … Read more
BitGo’s $100M suit against Galaxy can proceed — Delaware Supreme Court
After being dismissed by the Delaware Court of Chancery in 2023, the state’s supreme court ruled the definition of the merger agreement between BitGo and Galaxy was “ambiguous.” Go to Source
Rain exchange suffered $14.1M in suspicious outflows 2 weeks ago — ZachXBT
Several wallets reportedly belonging to Rain sent suspicious token transfers to a new address. Go to Source
US crypto custody firm BitGo wins BaFin license in Germany: Report
BitGo originally announced it was setting up two regulated custodial entities in Germany and Switzerland in February 2020. Go to Source
South Korean Hana Bank enters crypto custody business with BitGo
KEB Hana Bank and BitGo plan to launch a joint cryptocurrency custody venture in the second half of 2024. Go to Source
Crypto Biz: Binance Connect goes dark, Prime Trust is bust and PayPal unveils Crypto Hub
This week’s Crypto Biz explores Binance Connect shutdown, BitGo’s funding round, PayPal Crypto Hub, and other news. Go to Source
BitGo raises $100M after losing lawsuit against Galaxy
BitGo’s Series C funding featured entirely new investors based in the United States and Asia, CEO Mike Belshe said. Go to Source
