Tag: bitgo

Aug 16 2022

Galaxy Digital faces $100M lawsuit from BitGo over breach of contract

Aug 16 2022 Published at Coinscreed under tags  bitgo galaxy digital news

BitGo, a digital asset custodian is suing Galaxy Digital for more than $100 million as part of a "reverse break fee" for terminating an acquisition agreement. In a blog post on Monday, BitGo referred to Galaxy's conduct as "improper," accusing it of breach of contract for canceling a deal to buy the custodian of digital […] The post...

Aug 15 2022

BitGo to Sue Galaxy Digital for $100M Termination Fee

Aug 15 2022 Published at Crypto Briefing under tags  bitgo business galaxy digital

Institutional crypto services company BitGo intends to seek legal action against crypto investment firm Galaxy Digital for refusing to pay a $100 million termination fee for abandoning its acquisition plans....

Galaxy Digital Back Pedal On $1.2 Billion Deal For BitGo Acquisition, BitGo To Seek $100 Million In Damages

Galaxy Digital has announced that it's backing out of its $1.2 billion proposed acquisition of the cryptocurrency custodian, BitGo. Galaxy Digital Backs Out Of BitGo Deal A $1.2 billion acquisition of Palo Alto, California- based BitGo by digital asset investment firm Galaxy Digital has been canceled, ending one of the biggest acquisitions in cryptocurrency history. In a press release, Galaxy Digital stated that it...

Jun 08 2022

FlyCoin Inks Partnership with BitGo

FlyCoin, a cryptocurrency-based travel rewards company, announced on Wednesday that it signed a partnership with BitGo, a digital asset financial services provider. According to the press release, with BitGo's US Qualified Custody Solution, FlyCoin will hold a significant portion of its minted cryptocurrency token, FLY. Earlier this year, FlyCoin raised $33M in seed funding. As part of their advisory team, the company announced...

Oct 25 2021

BitGo integrates Stacks to bring Bitcoin DeFi to institutions

Oct 25 2021 Published at CryptoNinjas under tags  bitgo networks & protocols stacks

BitGo, a provider of institutional-grade liquidity, custody & security for digital assets, today announced support for Stacks, a network that has created the technology needed to bring applications and smart contracts to the...

Sep 07 2021

May 21 2021

Mike Novogratz on the 5 Reasons the Crypto Markets Plummeted

May 21 2021 Published at Unchained Podcast under tags  2021 bitcoin bitcoin etf bitgo defi

Mike Novogratz, founder, CEO, and chairman of Galaxy Digital, digs into the drivers behind this week’s market selloff. Show highlights: the five factors Mike believes led to this week’s dip what Mike thinks about the environmental concerns...

May 05 2021

Galaxy Digital acquires crypto custody and asset infrastructure provider BitGo

May 05 2021 Published at CryptoNinjas under tags  bitgo featured galaxy digital m&a

CryptoNinjas » Galaxy Digital acquires crypto custody and asset infrastructure provider BitGo Galaxy Digital, a financial services and investment management company operating in the cryptocurrency and blockchain technology sectors, announced today that it...

In Bitcoin Space’s Largest-Ever Deal, Galaxy Digital Will Buy BitGo For $1.2 Billion

May 05 2021 Published at Bitcoin Magazine under tags  bitgo business galaxy digital

In the largest-ever acquisition of a bitcoin services company, Galaxy Digital is buying BitGo for $1.2 billion.Bitcoin-focused asset management firm Galaxy Digital will be acquiring digital asset custody provider BitGo for $1.2 billion — the largest-ever acquisition of a company offering bitcoin services.“The acquisition will make Galaxy Digital a crypto-focused financial- services firm with more than $40...

Breaking: Galaxy Digital to Acquire Leading Crypto Custodian BitGo for $1.2 Billion

Galaxy Digital Holdings, the crypto investment firm founded by Wall Street veteran Mike Novogratz is making a bold move in the crypto space. In a recent development, the cryptocurrency financial services provider announced the...

Apr 21 2021

Mar 04 2021

BitGo Secures Trust Charter License from New York Regulator

The trust charter enables BitGo to offer its cryptocurrency trading and custody services to companies based in the state.

Mar 03 2021

Institutional Investors Go Big on Bitcoin: BitGo’s Peter Najarian Speaks

Why has Q1 been such an important time for institutional investors in Bitcoin? And what's next?

Mar 02 2021

PayPal to Buy Curv Crypto Custody Firm

Mar 02 2021 Published at Crypto Briefing under tags  acquire acquisition bitgo business curv

PayPal is reportedly buying the Curv cryptocurrency custody firm, with price estimates ranging between $200 to $500 million. PayPal Moves Further Into Crypto The Curv acquisition is the latest in a series of moves indicating PayPal's interest in cryptocurrencies. The payment processing giant enabled crypto purchases in Q4 2020,...

Feb 19 2021

KPMG Announces Partnership with BitGo and Coin Metrics

The new partnership will enable BitGo's clients to manage public blockchain network risks.

Feb 07 2021

SushiSwap (SUSHI) is Now Supported By BitGo

Summary: SushiSwap (SUSHI) is now supported on BitGo's custodial and non- custodial wallets The team at BitGo cited the SushiSwap team's consistency and resilience as one reason to add support for SUSHI Furthermore, SushiSwap's collaboration with Yearn Finance is an indicator of growth in the DeFi industry SushiSwap (SUSHI) is now supported on BitGo's custodial and non- custodial wallets. The team at BitGo made the...

Jan 13 2021

BitGo Taps Former Coinbase Exec Jeff Horowitz as Chief Compliance Officer

Jan 13 2021 Published at CoinDesk under tags  bitgo business coinbase compliance custody

Jeff Horowitz led Coinbase’s global compliance program until his departure in October.

Jan 09 2021

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