BitGo


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)

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)

Markets

Bitcoin Price Shrugs Off Latest $2B Mt. Gox Transfer as Distribution Nears Its End

Bitcoin holdings of Mt. Gox wallets are down to $3 billion from $9 billion a month ago, Arkham data shows.

Mt. Gox Creditor Kolin Burges confronts Former Mt. Gox CEO Mark Karpeles (CoinDesk)

Videos

[SPONSORED CONTENT] Mike Belshe of BitGo on Globalizing Digital Assets and Breaking Down Financial Barriers

In this interview, BitGo CEO Mike Belshe discusses the regulatory shifts happening in the crypto industry leading up to an election year and highlights the potential of blockchain technology to transform finance through innovations like smart contracts and global settlement networks. Belshe also outlines BitGo's plans to distribute digital asset custody for increased security and resilience.

CoinDesk News Image

Policy

BitGo’s $100M Suit Against Galaxy Digital Can Proceed, Delaware Supreme Court Rules

The Delaware Supreme Court’s ruling overturns a decision from a lower court to dismiss the lawsuit last year.

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

Finance

BitGo to Offer Custody Services for CoinDesk 20 Constituents

The broad crypto price gauge has seen about $5 billion in perpetual futures volume since launching in January.

Safe Vault (Pixabay, modified by CoinDesk)