BitGo


Markets

Nearly $360M in Bitcoin Moved to Ethereum in October Despite DeFi Cool-Off

October’s growth is less than half of September’s 68,000 newly tokenized bitcoins.

oct-wbtc-2

Finance

Hong Kong’s Amber Group Picks BitGo Trust in Quest for Institutional Investors

BitGo’s status as a qualified custodian should draw more high-net-worth investors to Amber from places like Hong Kong, Taiwan and Seoul.

Hong Kong

Markets

PayPal Said to Be in Talks to Buy Crypto Firms Including BitGo: Bloomberg

The news comes a day after the payments giant confirmed it's entering the cryptocurrency market.

Smartphone Apps

Markets

Record $616M of Wrapped Bitcoin Minted in September

Monthly value of minted WBTC grew 160% from August.

Top WBTC Merchants (Aug. 2020 v. Sept. 2020)

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Finance

BitGo Is Bringing DeFi-Friendly Wrapped Bitcoin to the Tron Blockchain

The partnership will bring BitGo’s wrapped bitcoin (WBTC) into the Tron ecosystem as a TRC-20 token.

Tron founder Justin Sun

Tech

Supply of Tokenized Bitcoin on Ethereum Now Tops $1.1B: Here's Why

The supply of BitGo’s wrapped bitcoins (WBTC) topped 76,000 after setting an all-time record of nearly 21,000 WBTC minted within one week. Here’s why.

wrapped bitcoin

Markets

Alameda Research Claimed Nearly 70% of Wrapped Bitcoin Minted in August

The firm claimed 14,654 WBTC in August following approval of its Compound collateral proposal.

WBTC minted per merchant in Aug. 2020

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Markets

BitGo Will Provide Cold Storage Crypto Support for Japan’s Bitgate

Bitgate has tapped BitGo to help it provide cold storage services to Japanese customers.

BitGo CEO Mike Belshe (CoinDesk archives)

Tech

BitGo Weighs Building a Sidechain for WBTC as Ethereum Fees Climb

Digital asset trust company BitGo is in the process of “reaching out” to community partners to build an Ethereum sidechain because of rising fees, according to CTO Ben Chan.

(Jacob Meves/Unsplash)