Galaxy Digital Terminates $1.2 Billion Bitgo Acquisition Deal, Crypto Firm Still Plans for Nasdaq Listing

Galaxy Digital Terminates $1.2 Billion Bitgo Acquisition Deal, Crypto Firm Still Plans for Nasdaq ListingGalaxy Digital Holdings and the company’s CEO and founder Mike Novogratz announced the company has “exercised its right to terminate” a previously announced acquisition of Bitgo. According to Galaxy the termination of the deal was due to Bitgo’s “failure to deliver” audited financial statements for 2021. Galaxy Ends Deal With the Crypto Custodian Bitgo On […]

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Bitgo Adds Near Protocol Support — Custodian to Store Near Foundation’s Treasury

On July 19, the digital asset company Bitgo announced it has partnered with the Near Foundation and will be “the first qualified custodian to support the protocol and its assets, including its native token.” The collaboration will give institutions holding near protocol (NEAR) tokens the ability to store and stake the coins via Bitgo’s platform. […]

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Introducing Wallex Custody, The Custodian Of The New Digital Era

Sweden, June 15 – In a decisive move to adapt to the new normal concept of everyday living caused by the COVID-19 Pandemic, Wallex is taking its custodian role to unprecedented new heights to accompany its clients in safeguarding their traditional and digital assets from uncertainties and at the same time providing new opportunities to […]

The post Introducing Wallex Custody, The Custodian Of The New Digital Era appeared first on Bitcoin News.

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How Institutional Investors Are Changing the Cryptocurrency Market

Institutional investors trading cryptocurrency gained ground in 2018, with a number of high profile players edging in and taking a seat at the table. Increased interest from larger investors may have played a part in supporting digital assets as well as distorting the market.  Also Read: KPMG: Institutional Investment Key to Cryptoassets Growth Will Crypto Markets […]

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SEC Suspends Trading in Company Over False Cryptocurrency-Related Claims

SEC Suspends Trading in Firm Claiming Regulated Cryptocurrency TransactionsThe U.S. Securities and Exchange Commission (SEC) has suspended trading in a firm for making several false cryptocurrency-related claims. Among them are the firm’s partnership with an SEC qualified custodian, regulated cryptocurrency transactions, and tokens that are fully registered with the commission. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Trading Suspension The SEC […]

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$10 Trillion US Exchange Takes a Step Toward Crypto: Nasdaq Bids for Cinnober

$10 Trillion US Exchange Takes a Step Toward Crypto: Nasdaq Bids for CinnoberNews 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 […]

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