BitGo
BitGo to Sue Galaxy Digital For Abandoning $1.2B Merger Deal; Crypto Funds End Six-Week Inflows Streak
Crypto custody company BitGo plans to sue Galaxy Digital for backing out of the firm's $1.2 billion merger agreement. CoinShares reporting crypto funds had $17 million in outflows in the seven days up to Aug. 12, ending six consecutive weeks of inflows. Plus, European digital bank Revolut has been granted authorization to offer crypto services across the European Economic Area (EEA).
Galaxy Digital Scraps $1.2B Plan to Buy Crypto Custody Firm BitGo
Galaxy Digital, the cryptocurrency-focused financial services firm run by noted investor Michael Novogratz, is walking away from its plan to buy BitGo, saying the crypto custody specialist failed to provide financial statements by a deadline of July 31. "The Hash" panel discusses the latest story turning heads in the crypto community.
La firma de custodia de Cripto BitGo demandará a Galaxy Digital por abandonar un acuerdo de fusión de 1.200 millones de dólares.
BitGo dijo que Galaxy le debe 100 millones de dólares en concepto de indemnización.
Galaxy Digital abandona su plan de 1.200 millones de dólares para adquirir la firma de custodia de Cripto BitGo
El acuerdo de 1.200 millones de dólares se anunció en mayo de 2021 y se esperaba que se cerrara a finales de ese año.
New Models for Market Making, Custody and Other Institutional Demands
Mike Belshe, Co-founder and CEO of BitGo and Christine Moy, Managing Director at Apollo Global Management, join Wintermute Founder and CEO Evgeny Gaevoy at Consensus 2022 to discuss how the crypto market has changed and the impact of macroeconomics on the industry. Moderator: Noelle Acheson, Head of Market Insights, Genesis Trading
BitGo, el custodio de Cripto, recibe autorización para operar en Italia.
La unidad alemana de la firma está registrada en el país.
BitGo actuará como custodio de Near
La empresa mantendrá los activos que están en la tesorería de la blockchain.
Galaxy Digital modifica las condiciones de compra de BitGo a la espera de la acción de la SEC.
La adquisición se anunció en mayo pasado con la expectativa de cerrarse a finales de 2021.
Former Bitfinex Exec Applauds US Officials for the Big Break in the 2016 Exchange Hack and Ponders How the Bitcoin Theft May Have Happened
Phil Potter, former Bitfinex Chief Strategy Officer, joins “All About Bitcoin” to reflect on the 2016 Bitfinex hack as Ilya Lichtenstein and Heather Morgan are set to be arraigned in court tomorrow on money-laundering charges. Potter remembers the hack “like it was yesterday” and explains BitGo’s relationship with the exchange at the time.
