BitGo
BitGo Claims It Did Not Participate in Transactions After Unocoin Account Freeze
The Indian cryptocurrency exchange is investigating the alleged use of a wallet backup mechanism. BitGo asserts that the disputed transfers were signed with two Unocoin keys and sent directly to the network without the platform's involvement. The amount of potential losses has not yet been determined.
Cryptocurrency exchange Unocoin halts operations after suspicious transfers
Indian cryptocurrency exchange Unocoin has suspended operations following the discovery of suspicious transfers from an Ethereum wallet and a compromise of its own infrastructure. Custodial provider BitGo stated that its systems were not hacked, and the disputed transactions occurred off the platform.
BitGo Revenue Fell 51% in Q3, While Profit Increased to $44.1 Million
BitGo reported a decline in quarterly revenue to $2.85 billion due to a reduction in digital asset operations. Despite this, net profit nearly doubled thanks to the revaluation of cryptocurrency reserves. The company ended the quarter with an operating loss of $19.2 million.
BitGo Plans to Integrate Tokenized Treasury Fund WisdomTree
BitGo announced the ability to manage the tokenized treasury fund WisdomTree WTGXX for institutional clients
Kalshi and BitGo Join Forces for Futures Trading with Crypto Asset Collateral
Kalshi and BitGo are jointly offering loans in Bitcoin and Ethereum for futures trading, allowing traders to retain their assets.
HashKey and BitGo Expand Partnership for Institutional Staking of ETH and SOL
HashKey Cloud and BitGo have expanded their staking partnership by adding trading and asset tokenization services.
Grayscale Appoints BitGo as Custodian for Hyperliquid Staking ETF
Grayscale has appointed BitGo as the custodian for its Hyperliquid staking ETF, enhancing asset security.
BitGo CEO: Dollar Devaluation Fuels K-Shaped Economy
Mike Belshe from BitGo discusses how dollar devaluation impacts investors' opportunities.