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Crypto company BitGo has officially acquired NYDIG’s Bitcoin-focused institutional trading business. The deal was signed and completed on Thursday and reported on Friday, paying $7 million in cash and about $35.5…
Bitgo reported $4.3 billion in second-quarter revenue, up nearly 80% from a year earlier, as trading and stablecoin activity increased. The company still posted a $19 million net loss while…
More than 40 Bitcoin and digital-asset organizations are asking leading artificial intelligence (AI) labs to give vetted open-source security researchers controlled early access to powerful AI systems, arguing that attackers…
Crypto infrastructure firm Bitgo is replacing Layerzero with Chainlink as the exclusive cross-chain infrastructure provider for wrapped bitcoin (WBTC), marking a major change in how the $7.7 billion token will…
Bitgo Chief Executive Officer Mike Belshe turned one of artificial intelligence’s biggest security debates into a public bitcoin challenge by placing 100 BTC, worth roughly $6.3 million at the time,…
Mike Belshe, CEO of the company, stressed that these changes resulted from a pivot to security, trading, stablecoins, and AI-powered infrastructure. The move would affect nearly 90 employees, reducing Bitgo’s…
BitGo co-founder and CEO Mike Belshe says the layoffs are “a one-time action” and the company doesn’t see the need for further staff reductions.
Bitgo Europe GmbH is opening a regulated infrastructure path for European crypto businesses that face losing their operating licenses as legacy virtual asset service provider registration regimes expire under the…
BitGo launches a MiCA-compliant crypto infrastructure platform in Europe as exchanges face pressure to meet July 1 licensing rules across the EU.
Bitgo CEO Mike Belshe claims that the Markets in Crypto Assets (MiCA) framework puts the entire stablecoin ecosystem in danger by forcing issuers to hold their reserves in fractional banks,…