BitGo


Markets

Trump-Backed World Liberty Financial Swaps Its cbBTC for WBTC After Sun Joins as Adviser

The swap took place Wednesday, the same day BiT Global lost a court case seeking to prevent Coinbase delisting WBTC.

Justin Sun banana

Tech

WBTC Episode 'Reopened Old Wounds' of Centralized Failures: Bitcoin Builders Association

The venture between BitGo and BiT Global provided a reminder of the distrust many BTC holders still have for centralized custody, according to a new report

(Dynamic Wang/Unsplash)

Finance

BitGo Unveils Retail Crypto Custody Platform

BitGo said the retail offering provides the same institutional-grade security guarantees under the hood that the firm’s existing customers are familiar with.

BitGo

Tech

Coinbase Delists Wrapped Bitcoin wBTC, Citing 'Listing Concerns'

Announcement comes shortly after the exchange launched its own ‘wrapped’ bitcoin on Base – cbBTC

Coinbase CEO Brian Armstrong (CoinDesk)

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Tech

Justin Sun Might Be Good for Wrapped Bitcoin, Says New Custodian's Director

Robert Liu, a member of the board of Hong Kong-based BiT Global, which was recently added by BitGo as an additional custodian to the bitcoin-on-Ethereum token known as wrapped bitcoin (WBTC), notes in an exclusive interview that Tron founder Justin Sun has come to the aid of customers in the past.

Tron party at Bitcoin Nasvhille (Bradley Keoun)

Markets

BitGo to Enter Stablecoin Market With Reward-Bearing USDS Coin

BitGo says USDS is an "open participation" stablecoin that provides rewards to institutions for providing liquidity to the ecosystem.

BitGo CEO Mike Belshe on stage at Token2049 Singapore. (Amitoj Singh/CoinDesk)

Finance

BitGo Unveils Token Management Service for Crypto Foundations

Big names like Worldcoin and LayerZero are among the first customers of the Token Management Service, announced on Monday.

BitGo crop

Finance

DeFi Lending Giant Sky Sets Vote to Offload Wrapped Bitcoin as Justin Sun Concerns Linger

The action could impact $200 million of DeFi loans in the Sky ecosystem should the proposal pass.

A cardboard cutout of Tron founder Justin Sun (Danny Nelson/CoinDesk)

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Finance

BitGo CEO Says Wrapped Bitcoin’s Critics Aren’t Being ‘Intellectually Honest’ About Their Concerns

The loudest critics of BitGo’s deal with Justin Sun-affiliated BiT Global also want to see their ‘number go up.’

CEO of BitGo Mike Belshe in a chair on-stage at Consensus 2023 (Shutterstock/CoinDesk)

Finance

BitGo Reiterates Autonomy From Justin Sun, Tron as MakerDAO Decides to Dump WBTC

Critics of Sun's involvement don't understand the operational mechanics, the crypto custodian's CEO, Mike Belshe, said during an X Space discussion.

Justin Sun (CoinDeskTV)